ICICI Prudential Commodities Fund vs Kotak Nifty Chemicals ETF
Direct Plan where a fund has one, Growth option · Data as on 29-10-2026
ICICI Prudential Commodities Fund is a Thematic fund and Kotak Nifty Chemicals ETF is an ETF fund. ICICI Prudential Commodities Fund charges 1.04% a year and Kotak Nifty Chemicals ETF 0.27%. Their portfolios overlap 16.7%: they hold 10 of the same securities.
ICICI Prudential Commodities Fund
Thematic
- Expense ratio
- 1.04%
- NAV
- ₹47.23
Which is better, ICICI Prudential Commodities or Kotak Nifty Chemicals ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Nifty Chemicals ETF costs less: 0.27% a year against 1.04%.
- ICICI Prudential Commodities fell less in its worst fall since 18-11-2025: −14.3% against −14.9%.
- ICICI Prudential Commodities holds 8.2% of the fund in foreign stocks; Kotak Nifty Chemicals ETF 0.0%.
- ICICI Prudential Commodities holds more in large companies: 39.0% of the fund in large caps against 26.5%.
- ICICI Prudential Commodities is the larger fund: ₹4,133 Cr against ₹106 Cr.
- Their portfolios overlap 16.7%: 10 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 | ICICI Prudential Commodities Fund | Kotak Nifty Chemicals ETF |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Thematic | ETF |
| AUM | ₹4,133 Cr (30-09-2026) | ₹106 Cr (30-09-2026) |
| NAV | ₹47.23 (Direct) | ₹26.71 |
| Expense ratio (Direct) | 1.04% | Not available |
| Expense ratio (Regular) | 1.96% | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Nifty Commodities TRI | Nifty Chemicals TRI |
| Launch date | 15-10-2019 | 12-11-2025 |
| Minimum investment | ₹5,000 | Ongoing purchases directly from the Mutual Fund would be restricted to Market Makers and Large Investors (subject to transactions greater than INR 25 crores or such other amount as may be specified by SEBI from time to time) provided the value of units to |
| Lock in | None | None |
| Fund managers | Lalit Kumar | Satish Dondapati, Abhishek Bisen, amp, Jeetu Valechha Sonar |
| Exit load | Exit load of 1% if redeemed within 3 months. | NIL |
ICICI Prudential Commodities vs Kotak Nifty Chemicals ETF: 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 |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Commodities Fund (Direct) | −6.18% | −7.54% | −8.89% | −2.42% | +14.92% | +13.00% | -- |
| Kotak Nifty Chemicals ETF | −6.16% | −11.18% | −6.25% | -- | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | -- |
Category average: the average of the 235 Thematic funds, same plan type.
ICICI Prudential Commodities vs Kotak Nifty Chemicals ETF: Year-wise Returns
| Year | ICICI Prudential CommoditiesICICI Prudential Commodities | Kotak Nifty Chemicals ETFKotak Nifty Chemicals ETF |
|---|---|---|
| 2026to date | −3.61% | −8.11% |
| 2025 | +19.19% | -- |
| 2024 | +9.45% | -- |
| 2023 | +28.72% | -- |
| 2022 | +16.25% | -- |
| 2021 | +72.75% | -- |
ICICI Prudential Commodities vs Kotak Nifty Chemicals ETF: Rolling Returns
Every holding period of both funds, against Nifty Commodities TRI, the benchmark of ICICI Prudential Commodities Fund
ICICI Prudential Commodities vs Kotak Nifty Chemicals ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Commodities Fund (Direct) | Kotak Nifty Chemicals ETF |
|---|---|---|
| Return (CAGR) | +24.69% | −8.66% |
| Standard deviation | 22.74% | 18.90% |
| Sharpe ratio | 0.86 | -0.74 |
| Sortino ratio | 1.17 | -0.98 |
| Maximum drawdown | −41.2% (24-03-2020) | −14.9% (30-03-2026) |
| Beta | 1.01 | 1.00 |
| Alpha | +7.83% | −0.26% |
From daily NAVs, 16-10-2019 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.
ICICI Prudential Commodities Fund (Direct)
Kotak Nifty Chemicals ETF
Nifty Commodities TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Commodities Fund (Direct) | −14.3% | 26-08-2026 | 23-10-2026 | Not yet | -- | −12.0% |
| Kotak Nifty Chemicals ETF | −14.9% | 07-01-2026 | 30-03-2026 | 06-05-2026 | 37 days | −13.8% |
| Nifty Commodities TRI | −15.7% | 27-05-2026 | 23-10-2026 | Not yet | -- | −14.1% |
From daily values since 18-11-2025, the first day every fund has.
ICICI Prudential Commodities vs Kotak Nifty Chemicals ETF: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Commodities Fund, September 2026; Kotak Nifty Chemicals ETF, September 2026
Holdings in common
- Overlap
- 16.7%
- Held by both
- 10
- Only in ICICI Prudential Commodities
- 36
- Only in Kotak Nifty Chemicals ETF
- 10
| Security | % of ICICI Prudential Commodities | % of Kotak Nifty Chemicals ETF |
|---|---|---|
| UPL Ltd. | 3.90% | 8.58% |
| Navin Fluorine International Ltd. | 3.36% | 8.61% |
| Aarti Industries Ltd. | 2.86% | 2.79% |
| Deepak Fertilizers and Petrochemicals Corporation Ltd. | 1.69% | 2.57% |
| SRF Ltd. | 1.68% | 10.18% |
| Deepak Nitrite Ltd. | 1.28% | 2.98% |
| Atul Ltd. | 0.75% | 2.67% |
| PI Industries Ltd. | 0.57% | 5.30% |
| Gujarat Fluorochemicals Ltd. | 0.42% | 5.27% |
| PCBL Chemical Ltd. | 0.26% | 1.65% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 16.7% means 16.7% 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 ICICI Prudential Commodities Fund
| Security | % of fund |
|---|---|
| Hindustan Petroleum Corporation Ltd. | 8.28% |
| Jindal Steel Ltd. | 7.67% |
| JSW Steel Ltd. | 6.62% |
| Vedanta Aluminium Metal Ltd. | 6.57% |
| Jindal Stainless Ltd. | 4.69% |
Largest holdings only in Kotak Nifty Chemicals ETF
| Security | % of fund |
|---|---|
| Solar Industries India Limited | 13.61% |
| Pidilite Industries Ltd. | 12.90% |
| Coromandel International Limited | 5.96% |
| HIMADRI SPECIALITY CHEMICAL LTD. | 4.53% |
| Linde India Ltd. | 3.78% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Commodities | Kotak Nifty Chemicals ETF |
|---|---|---|
| Equity | 98.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.0% | 0.0% |
Market cap of stocks
| Market cap | ICICI Prudential Commodities | Kotak Nifty Chemicals ETF |
|---|---|---|
| Large Cap | 39.0% | 26.5% |
| Mid Cap | 26.9% | 39.1% |
| Small Cap | 23.8% | 34.4% |
| Foreign stocks | 8.2% | 0.0% |
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 | ICICI Prudential Commodities | Kotak Nifty Chemicals ETF |
|---|---|---|
| Chemicals and Petrochemicals | 0.0% | 76.9% |
| Ferrous Metals | 23.5% | 0.0% |
| Fertilizers and Agrochemicals | 0.0% | 23.1% |
| Non - Ferrous Metals | 18.2% | 0.0% |
| Chemicals & Petrochemicals | 17.6% | 0.0% |
| Petroleum Products | 9.6% | 0.0% |
| Industrial Products | 7.3% | 0.0% |
| Fertilizers & Agrochemicals | 7.0% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Commodities vs Kotak Nifty Chemicals ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Commodities Fund | Kotak Nifty Chemicals ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.04% | Not available |
| Base expense ratio (Direct) | 0.84% | 0.00% |
| Total expense ratio (Regular) | 1.96% | Not available |
| Base expense ratio (Regular) | 1.63% | 0.21% |
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.
More comparisons
Each fund against the others of its category
Compare ICICI Prudential Commodities with
ICICI Prudential Commodities Fund vs Kotak Nifty Chemicals ETF: Frequently Asked Questions
What is the difference between ICICI Prudential Commodities Fund and Kotak Nifty Chemicals ETF?
ICICI Prudential Commodities Fund is a Thematic fund, Kotak Nifty Chemicals ETF is an ETF fund, run by ICICI Prudential Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 16.7%. ICICI Prudential Commodities Fund charges 1.04% a year and Kotak Nifty Chemicals ETF 0.27%.
Which has the lower expense ratio, ICICI Prudential Commodities Fund or Kotak Nifty Chemicals ETF?
Kotak Nifty Chemicals ETF charges less: 0.27% a year against 1.04%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential Commodities Fund and Kotak Nifty Chemicals ETF overlap?
16.7%. They hold 10 of the same securities, the largest shared ones being UPL, NAVINFLUOR, AARTIIND. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential Commodities Fund and Kotak Nifty Chemicals ETF?
Yes. 16.7% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ICICI Prudential Commodities Fund and Kotak Nifty Chemicals ETF?
ICICI Prudential Commodities Fund: Lalit Kumar. Kotak Nifty Chemicals ETF: Satish Dondapati, Abhishek Bisen, amp, Jeetu Valechha Sonar.
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.