ICICI Prudential Strategic Metal and Energy Equity Fund of Fund
ICICI Prudential Mutual Fund · Best International Fund of Funds
This is the Direct plan of ICICI Prudential Strategic Metal and Energy Equity Fund of Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.
NAV history
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable FoF funds (same plan and option) to rank against yet.
Not enough FoF Overseas peers to rank yet
Volatility 23.7% (no category average yet)
0.2% expense (no category average yet)
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Consistent — positive in 100% of rolling 3-year windows
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (FoF Overseas)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -4.25% | — | — |
| 3M abs | +21.14% | — | — |
| 6M abs | +3.66% | — | — |
| 1Y CAGR | +48.83% | — | — |
| 3Y CAGR | +34.95% | — | — |
| 5Y CAGR | — | — | — |
Category average across peers in FoF Overseas, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
36 monthly installments of ₹10,000 into ICICI Prudential Strategic Metal and Energy Equity Fund of Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +36.32% | |
| 2025 | +67.35% | |
| 2024 | +4.97% | |
| 2023 | +4.46% | |
| 2022part | +32.66% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as non-equityThis is a non-equity fund — a fund-of-funds, gold/silver, international or balanced-hybrid scheme. It isn't equity-oriented, but since FY 2025-26 it's no longer taxed like a pure-debt fund either: gains held over 2 years get the 12.5% long-term rate; shorter holdings are taxed at your income-tax slab rate.
Added to your income at your slab rate
No indexation, no ₹1.25 L exemption
Sets the short-term (slab-rate) figure above.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Other99.59%
- Cash & Equivalents0.41%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹280.94Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
ICICI Prudential Mutual Fund is a joint venture between ICICI Bank and Prudential plc of the UK, in business since 1993. It is among India's largest houses by assets and runs one of the industry's widest scheme line-ups across equity, debt and hybrid.
Fund Managers
SDSharmila D'silvaManaging since 08 Apr 2022
Fund Manager – MF Equity
Over 8 years
CA and Bachelor of Commerce in Accounting and Finance (BAF)
Sharmila D’silva is associated with ICICI in Prudential Asset Management Company Limited from September 2016. She is involved in economics research, strategy research and business cycle research.
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VAVenus AhujaManaging since 04 Nov 2024
Dealer – ETF
Over 3 years
Chartered Accountant and B.Com
Ahuja has appointed as the Fund effect from dealer in the Company Asset Company – Investment August 6
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Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
Frequently asked questions
What is the NAV of ICICI Prudential Strategic Metal and Energy Equity Fund of Fund?
As of 01 Oct 2026, the NAV of ICICI Prudential Strategic Metal and Energy Equity Fund of Fund is ₹32.93 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has ICICI Prudential Strategic Metal and Energy Equity Fund of Fund delivered?
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund has returned +48.83% over 1 year, +34.95% per year over 3 years and +29.38% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of ICICI Prudential Strategic Metal and Energy Equity Fund of Fund?
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund charges an expense ratio of 0.22% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of ICICI Prudential Strategic Metal and Energy Equity Fund of Fund?
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund's largest holdings are FSM First Trust SME Equity UCITS Fund (99.6%). Holdings are disclosed monthly and change over time.
How risky is ICICI Prudential Strategic Metal and Energy Equity Fund of Fund?
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 23.7% and its worst peak-to-trough fall in our sample was -24.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 1.20 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Strategic Metal and Energy Equity Fund of Fund's 1.20 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of ICICI Prudential Strategic Metal and Energy Equity Fund of Fund?
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund is benchmarked against the NYSE Arca Gold Miners Index and the S&P Oil & Gas Exploration & Production Select Industry Index. Its alpha and beta on this page are measured against that index.
Who manages ICICI Prudential Strategic Metal and Energy Equity Fund of Fund?
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund is managed by Sharmila D'silva and Venus Ahuja at ICICI Prudential.
How is ICICI Prudential Strategic Metal and Energy Equity Fund of Fund taxed?
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.