DSP Natural Resources And New Energy Fund vs SBI Comma Fund
Direct Plan, Growth option · Data as on 29-10-2026
DSP Natural Resources And New Energy Fund is a Thematic fund and SBI Comma Fund is a Thematic fund. In the 3 years to 30-10-2026, DSP Natural Resources And New Energy Fund (Direct) returned 19.0% a year and SBI Comma Fund (Direct) returned 13.6% a year. DSP Natural Resources And New Energy Fund charges 1.00% a year and SBI Comma Fund 1.25% (Direct plans). Their portfolios overlap 27.3%: they hold 11 of the same securities.
DSP Natural Resources And New Energy Fund
Thematic
- 3 year return
- 19.0%
- Expense ratio
- 1.00%
- NAV
- ₹114.97
Which is better, DSP Natural Resources And New Energy or SBI Comma? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- DSP Natural Resources And New Energy returned more over 5 years: 14.7% a year against 9.2%.
- DSP Natural Resources And New Energy returned more over 3 years: 19.0% a year against 13.6%.
- DSP Natural Resources And New Energy costs less: 1.00% a year against 1.25% (Direct plans).
- DSP Natural Resources And New Energy swung less over 3 years: a standard deviation of 17.4% a year against 17.9%.
- SBI Comma fell less in its worst fall since 07-01-2013: −40.8% against −48.0%.
- DSP Natural Resources And New Energy holds 13.3% of the fund in foreign stocks; SBI Comma 0.0%.
- DSP Natural Resources And New Energy holds more in large companies: 57.5% of the fund in large caps against 36.5%.
- DSP Natural Resources And New Energy is the larger fund: ₹2,528 Cr against ₹1,208 Cr.
- Their portfolios overlap 27.3%: 11 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | DSP Natural Resources And New Energy Fund | SBI Comma Fund |
|---|---|---|
| Fund house | DSP Mutual Fund | SBI Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹2,528 Cr (30-09-2026) | ₹1,208 Cr (30-09-2026) |
| NAV | ₹114.97 (Direct) | ₹117.68 (Direct) |
| Expense ratio (Direct) | 1.00% | 1.25% |
| Expense ratio (Regular) | 2.11% | 2.30% |
| Riskometer | Very High | Very High |
| Benchmark | 35% BSE Oil & Gas Index +30% BSE Metal Index + 35% MSCI World Energy 30% Buffer 10/40 Net Total Return | Nifty Commodities TRI |
| Launch date | 25-04-2008 | 08-08-2005 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Rohit Singhania | Dinesh Balachandran |
| Exit load | Nil | Exit load of 0.50% if redeemed within 30 days. |
DSP Natural Resources And New Energy vs SBI Comma: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| DSP Natural Resources And New Energy Fund (Direct) | −3.03% | −3.64% | −9.04% | +5.99% | +19.03% | +14.67% | +15.84% |
| SBI Comma Fund (Direct) | −5.23% | −6.39% | −7.86% | −0.87% | +13.61% | +9.21% | +13.91% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
DSP Natural Resources And New Energy vs SBI Comma: Year-wise Returns
| Year | DSP Natural Resources And New EnergyDSP Natural Resources And New Energy | SBI CommaSBI Comma |
|---|---|---|
| 2026to date | +2.41% | −1.71% |
| 2025 | +18.83% | +13.08% |
| 2024 | +15.17% | +11.12% |
| 2023 | +32.61% | +33.02% |
| 2022 | +11.07% | −6.07% |
| 2021 | +44.50% | +52.94% |
DSP Natural Resources And New Energy vs SBI Comma: Rolling Returns
Every holding period of both funds, against Nifty Commodities TRI, the benchmark of SBI Comma Fund
Rolling returns
Every 3-year holding period, 2,595 of them, one for each trading day from 07-01-2016 to 29-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
DSP Natural Resources And New Energy Fund (Direct)
SBI Comma Fund (Direct)
Nifty Commodities TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DSP Natural Resources And New Energy | 7.4 | 2.6 | 6.2 | 4.7 | 15.7 | 36.0 | 27.4 | 19.8% | 21.9% | −12.9% | 44.3% | 86% |
| SBI Comma | 2.4 | 7.5 | 10.3 | 14.9 | 28.9 | 24.5 | 11.5 | 16.6% | 17.4% | −8.1% | 35.5% | 65% |
| Nifty Commodities TRI | 9.0 | 5.2 | 8.5 | 18.8 | 29.1 | 18.7 | 10.8 | 15.0% | 16.0% | −13.4% | 40.5% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Commodities TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 07-01-2013. Past returns do not promise future returns.
DSP Natural Resources And New Energy vs SBI Comma: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 04-01-2013 to 29-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| DSP Natural Resources And New EnergyDSP Natural Resources And New Energy Fund (Direct) | ₹16,60,000 | ₹63,22,656 | ₹46,62,656 | 17.7% |
| SBI CommaSBI Comma Fund (Direct) | ₹16,60,000 | ₹49,99,966 | ₹33,39,966 | 14.7% |
DSP Natural Resources And New EnergyDSP Natural Resources And New Energy Fund (Direct)
SBI CommaSBI Comma Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
DSP Natural Resources And New Energy vs SBI Comma: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP Natural Resources And New Energy Fund (Direct) | SBI Comma Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.99% | −0.87% |
| Standard deviation | 13.98% | 14.79% |
| Sharpe ratio | 0.05 | -0.41 |
| Sortino ratio | 0.07 | -0.54 |
| Maximum drawdown | −10.5% (23-10-2026) | −10.8% (23-10-2026) |
| Beta | -- | 0.86 |
| Alpha | -- | +2.28% |
From daily NAVs, 29-10-2025 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | DSP Natural Resources And New Energy Fund (Direct) | SBI Comma Fund (Direct) |
|---|---|---|
| Return (CAGR) | +19.03% | +13.61% |
| Standard deviation | 17.45% | 17.91% |
| Sharpe ratio | 0.74 | 0.42 |
| Sortino ratio | 1.00 | 0.56 |
| Maximum drawdown | −21.7% (07-04-2025) | −21.9% (28-02-2025) |
| Beta | -- | 0.93 |
| Alpha | -- | +0.30% |
From daily NAVs, 27-10-2023 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | DSP Natural Resources And New Energy Fund (Direct) | SBI Comma Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.67% | +9.21% |
| Standard deviation | 17.72% | 17.69% |
| Sharpe ratio | 0.50 | 0.19 |
| Sortino ratio | 0.67 | 0.25 |
| Maximum drawdown | −24.3% (22-06-2022) | −26.3% (20-06-2022) |
| Beta | -- | 0.91 |
| Alpha | -- | −1.00% |
From daily NAVs, 29-10-2021 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | DSP Natural Resources And New Energy Fund (Direct) | SBI Comma Fund (Direct) |
|---|---|---|
| Return (CAGR) | +16.76% | +13.00% |
| Standard deviation | 19.20% | 18.22% |
| Sharpe ratio | 0.56 | 0.38 |
| Sortino ratio | 0.77 | 0.52 |
| Maximum drawdown | −48.0% (23-03-2020) | −40.8% (23-03-2020) |
| Beta | -- | 0.87 |
| Alpha | -- | +2.34% |
From daily NAVs, 04-01-2013 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
DSP Natural Resources And New Energy Fund (Direct)
SBI Comma Fund (Direct)
Nifty Commodities TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP Natural Resources And New Energy Fund (Direct) | −48.0% | 12-01-2018 | 23-03-2020 | 04-01-2021 | 9 months | −9.1% |
| SBI Comma Fund (Direct) | −40.8% | 12-01-2018 | 23-03-2020 | 17-11-2020 | 8 months | −9.9% |
| Nifty Commodities TRI | −47.3% | 09-01-2018 | 23-03-2020 | 07-01-2021 | 10 months | −14.1% |
From daily values since 07-01-2013, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
DSP Natural Resources And New Energy Fund (Direct)
SBI Comma Fund (Direct)
Nifty Commodities TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
DSP Natural Resources And New Energy Fund (Direct)
SBI Comma Fund (Direct)
Nifty Commodities TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
DSP Natural Resources And New Energy Fund (Direct)
SBI Comma Fund (Direct)
Nifty Commodities TRI
Against Nifty Commodities TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| DSP Natural Resources And New Energy Fund (Direct) | 99% | 75% | 8.33% |
| SBI Comma Fund (Direct) | 90% | 77% | 7.35% |
From month-end values since 07-01-2013. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
DSP Natural Resources And New Energy vs SBI Comma: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Natural Resources And New Energy Fund, September 2026; SBI Comma Fund, September 2026
Holdings in common
- Overlap
- 27.3%
- Held by both
- 11
- Only in DSP Natural Resources And New Energy
- 13
- Only in SBI Comma
- 30
| Security | % of DSP Natural Resources And New Energy | % of SBI Comma |
|---|---|---|
| Tata Steel Limited | 8.41% | 6.52% |
| Oil & Natural Gas Corporation Limited | 6.43% | 4.24% |
| Oil India Limited | 3.54% | 2.92% |
| Coal India Limited | 3.80% | 2.29% |
| Reliance Industries Limited | 7.30% | 1.80% |
| Hindustan Petroleum Corporation Limited | 5.06% | 1.74% |
| Hindustan Zinc Limited | 6.30% | 1.73% |
| Hindalco Industries Limited | 4.02% | 1.70% |
| Indian Oil Corporation Limited | 5.63% | 1.68% |
| NMDC Limited | 1.42% | 2.62% |
| GAIL (India) Limited | 1.28% | 1.55% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 27.3% means 27.3% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in DSP Natural Resources And New Energy Fund
| Security | % of fund |
|---|---|
| Bharat Petroleum Corporation Limited | 7.54% |
| Jindal Steel Limited | 6.79% |
| Petronet LNG Limited | 3.93% |
| National Aluminium Co Limited | 3.60% |
| Acme Solar Holdings Limited | 1.22% |
Largest holdings only in SBI Comma Fund
| Security | % of fund |
|---|---|
| Sudeep Pharma Ltd. | 6.86% |
| JSW Steel Ltd. | 5.19% |
| CESC Ltd. | 3.51% |
| Arvind Ltd. | 3.40% |
| Gokaldas Exports Ltd. | 3.32% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP Natural Resources And New Energy | SBI Comma |
|---|---|---|
| Equity | 94.2% | 91.0% |
| Debt | 0.0% | 0.3% |
| Cash and others | 5.8% | 8.7% |
Market cap of stocks
| Market cap | DSP Natural Resources And New Energy | SBI Comma |
|---|---|---|
| Large Cap | 57.5% | 36.5% |
| Mid Cap | 17.6% | 15.9% |
| Small Cap | 5.0% | 37.3% |
| Foreign stocks | 13.3% | 0.0% |
| Not on AMFI's list | 0.9% | 1.4% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | DSP Natural Resources And New Energy | SBI Comma |
|---|---|---|
| Petroleum Products | 25.5% | 5.2% |
| Ferrous Metals | 15.2% | 14.5% |
| Non - Ferrous Metals | 13.9% | 6.4% |
| Foreign Security | 13.3% | 0.0% |
| Chemicals & Petrochemicals | 0.0% | 11.3% |
| Oil | 10.0% | 7.2% |
| Power | 1.9% | 8.6% |
| Cement & Cement Products | 0.0% | 8.3% |
| Textiles & Apparels | 0.0% | 8.1% |
| Gas | 8.0% | 1.6% |
The six largest sectors of each fund's stocks, % of the fund.
DSP Natural Resources And New Energy vs SBI Comma: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Natural Resources And New Energy Fund | SBI Comma Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.00% | 1.25% |
| Base expense ratio (Direct) | 0.76% | 0.96% |
| Total expense ratio (Regular) | 2.11% | 2.30% |
| Base expense ratio (Regular) | 1.71% | 1.88% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
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DSP Natural Resources And New Energy Fund vs SBI Comma Fund: Frequently Asked Questions
What is the difference between DSP Natural Resources And New Energy Fund and SBI Comma Fund?
DSP Natural Resources And New Energy Fund is a Thematic fund, SBI Comma Fund is a Thematic fund, run by DSP Mutual Fund and SBI Mutual Fund. Their portfolios overlap 27.3%. DSP Natural Resources And New Energy Fund charges 1.00% a year and SBI Comma Fund 1.25%.
Which has given higher returns, DSP Natural Resources And New Energy Fund or SBI Comma Fund?
Over 1 year: DSP Natural Resources And New Energy Fund +5.99%, SBI Comma Fund −0.87%. Over 3 years: DSP Natural Resources And New Energy Fund +19.03% a year, SBI Comma Fund +13.61% a year. Over 5 years: DSP Natural Resources And New Energy Fund +14.67% a year, SBI Comma Fund +9.21% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, DSP Natural Resources And New Energy Fund or SBI Comma Fund?
DSP Natural Resources And New Energy Fund charges less: 1.00% a year against 1.25%. These are the Direct plans' total expense ratios reported to AMFI.
How much do DSP Natural Resources And New Energy Fund and SBI Comma Fund overlap?
27.3%. They hold 11 of the same securities, the largest shared ones being TATASTEEL, ONGC, OIL. From each fund's latest monthly portfolio.
Which is riskier, DSP Natural Resources And New Energy Fund or SBI Comma Fund?
On SEBI's riskometer, DSP Natural Resources And New Energy Fund is rated Very High and SBI Comma Fund Very High. Over 3 years, the standard deviation of daily returns was 17.45% and 17.91% a year.
Which is better for SIP, DSP Natural Resources And New Energy Fund or SBI Comma Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 29-10-2026 grew to ₹8,92,452 in DSP Natural Resources And New Energy Fund (XIRR 15.0% a year) and ₹7,88,681 in SBI Comma Fund (XIRR 10.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both DSP Natural Resources And New Energy Fund and SBI Comma Fund?
Yes. 27.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages DSP Natural Resources And New Energy Fund and SBI Comma Fund?
DSP Natural Resources And New Energy Fund: Rohit Singhania. SBI Comma Fund: Dinesh Balachandran.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.