ICICI Prudential Nifty Commodities ETF vs Tata Resources & Energy Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
ICICI Prudential Nifty Commodities ETF is an ETF fund and Tata Resources & Energy Fund is a Thematic fund. In the 3 years to 30-10-2026, ICICI Prudential Nifty Commodities ETF returned 13.5% a year and Tata Resources & Energy Fund (Direct) returned 14.9% a year. ICICI Prudential Nifty Commodities ETF charges 0.35% a year and Tata Resources & Energy Fund 0.84%. Their portfolios overlap 51.9%: they hold 23 of the same securities.
ICICI Prudential Nifty Commodities ETF
ETF
- 3 year return
- 13.5%
- Expense ratio
- 0.35%
- NAV
- ₹91.59
Tata Resources & Energy Fund
Thematic
- 3 year return
- 14.9%
- Expense ratio
- 0.84%
- NAV
- ₹53.84
Which is better, ICICI Prudential Nifty Commodities ETF or Tata Resources & Energy? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Tata Resources & Energy returned more over 3 years: 14.9% a year against 13.5%.
- Tata Resources & Energy returned more over 1 year: −2.2% against −4.8%.
- ICICI Prudential Nifty Commodities ETF costs less: 0.35% a year against 0.84%.
- Tata Resources & Energy swung less over 3 years: a standard deviation of 17.9% a year against 18.3%.
- Tata Resources & Energy fell less in its worst fall since 16-12-2022: −20.1% against −22.5%.
- ICICI Prudential Nifty Commodities ETF holds more in large companies: 85.4% of the fund in large caps against 55.6%.
- Tata Resources & Energy is the larger fund: ₹1,391 Cr against ₹117 Cr.
- Their portfolios overlap 51.9%: 23 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 Nifty Commodities ETF | Tata Resources & Energy Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Tata Mutual Fund |
| Category | ETF | Thematic |
| AUM | ₹117 Cr (30-09-2026) | ₹1,391 Cr (30-09-2026) |
| NAV | ₹91.59 | ₹53.84 (Direct) |
| Expense ratio (Direct) | Not available | 0.84% |
| Expense ratio (Regular) | Not available | 2.22% |
| Riskometer | Not available | Very High |
| Benchmark | Nifty Commodities TRI | Nifty Commodities TRI |
| Launch date | 15-12-2022 | 28-12-2015 |
| Minimum investment | During Ongoing/Continuous Offer: On Stock Exchanges: Investors can buy/sell units of the Scheme in round lot of 1 unit and in multiples thereof. Directly with the Mutual Fund: Investors can buy or sell units of the scheme in creation unit size and its mul | ₹5,000 |
| Lock in | None | None |
| Fund managers | Nishit Patel, Ashwini Bharucha, Venus Ahuja | Satish Chandra Mishra |
| Exit load | Not available | 0.25% of NAV if redeemed /switched out before 30 days from the date of allotment. |
ICICI Prudential Nifty Commodities ETF vs Tata Resources & Energy: 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 Nifty Commodities ETF | −3.65% | −8.44% | −12.04% | −4.83% | +13.50% | -- | -- |
| Tata Resources & Energy Fund (Direct) | −5.03% | −8.19% | −7.26% | −2.16% | +14.90% | +10.90% | +15.18% |
| 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.
ICICI Prudential Nifty Commodities ETF vs Tata Resources & Energy: Year-wise Returns
| Year | ICICI Prudential Nifty Commodities ETFICICI Prudential Nifty Commodities ETF | Tata Resources & EnergyTata Resources & Energy | Nifty Commodities TRI |
|---|---|---|---|
| 2026to date | −5.16% | −1.53% | −4.85% |
| 2025 | +18.06% | +12.38% | +18.42% |
| 2024 | +5.78% | +14.89% | +6.11% |
| 2023 | +30.09% | +29.73% | +30.65% |
| 2022 | -- | +3.08% | +8.67% |
| 2021 | -- | +49.05% | +49.79% |
ICICI Prudential Nifty Commodities ETF vs Tata Resources & Energy: Rolling Returns
Every holding period of both funds, against Nifty Commodities TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 215 of them, one for each trading day from 16-12-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
ICICI Prudential Nifty Commodities ETF
Tata Resources & Energy Fund (Direct)
Nifty Commodities TRI
to
Jan 2026Mar 2023
to
Mar 2026Apr 2023
to
Apr 2026Jun 2023
to
Jun 2026Aug 2023
to
Aug 2026Oct 2023
to
Oct 2026
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Nifty Commodities ETF | 0.0 | 0.0 | 0.0 | 15.8 | 48.8 | 35.3 | 0.0 | 18.4% | 18.4% | 11.8% | 23.2% | 0% |
| Tata Resources & Energy | 0.0 | 0.0 | 0.0 | 7.9 | 62.6 | 29.4 | 0.0 | 18.7% | 18.7% | 13.7% | 22.6% | 48% |
| Nifty Commodities TRI | 0.0 | 0.0 | 0.0 | 13.0 | 49.3 | 37.7 | 0.0 | 18.8% | 18.9% | 12.2% | 23.7% | -- |
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 16-12-2022. Past returns do not promise future returns.
ICICI Prudential Nifty Commodities ETF vs Tata Resources & Energy: 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 16-12-2022 to 30-10-2026: 47 instalments, ₹4,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Nifty Commodities ETFICICI Prudential Nifty Commodities ETF | ₹4,70,000 | ₹5,40,791 | ₹70,791 | 7.1% |
| Tata Resources & EnergyTata Resources & Energy Fund (Direct) | ₹4,70,000 | ₹5,60,921 | ₹90,921 | 9.0% |
ICICI Prudential Nifty Commodities ETFICICI Prudential Nifty Commodities ETF
Tata Resources & EnergyTata Resources & Energy 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.
ICICI Prudential Nifty Commodities ETF vs Tata Resources & Energy: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Nifty Commodities ETF | Tata Resources & Energy Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.83% | −2.16% |
| Standard deviation | 16.39% | 16.40% |
| Sharpe ratio | -0.61 | -0.45 |
| Sortino ratio | -0.80 | -0.59 |
| Maximum drawdown | −15.9% (23-10-2026) | −11.5% (23-10-2026) |
| Beta | 1.00 | 0.98 |
| Alpha | −0.36% | +2.10% |
From daily NAVs, 30-10-2025 to 30-10-2026. 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 | ICICI Prudential Nifty Commodities ETF | Tata Resources & Energy Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.50% | +14.90% |
| Standard deviation | 18.33% | 17.91% |
| Sharpe ratio | 0.41 | 0.50 |
| Sortino ratio | 0.54 | 0.65 |
| Maximum drawdown | −22.5% (13-01-2025) | −20.1% (28-02-2025) |
| Beta | 1.00 | 0.95 |
| Alpha | −0.38% | +1.42% |
From daily NAVs, 30-10-2023 to 30-10-2026. 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 | ICICI Prudential Nifty Commodities ETF | Tata Resources & Energy Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.45% | +16.78% |
| Standard deviation | 17.30% | 18.04% |
| Sharpe ratio | 0.30 | 0.63 |
| Sortino ratio | 0.41 | 0.85 |
| Maximum drawdown | −22.5% (13-01-2025) | −33.2% (23-03-2020) |
| Beta | 1.00 | 0.88 |
| Alpha | −0.40% | +3.11% |
From daily NAVs, 16-12-2022 to 30-10-2026. 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 Nifty Commodities ETF
Tata Resources & Energy Fund (Direct)
Nifty Commodities TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Nifty Commodities ETF | −22.5% | 27-09-2024 | 13-01-2025 | 29-01-2026 | 13 months | −14.2% |
| Tata Resources & Energy Fund (Direct) | −20.1% | 01-10-2024 | 28-02-2025 | 29-10-2025 | 8 months | −9.9% |
| Nifty Commodities TRI | −22.4% | 27-09-2024 | 13-01-2025 | 02-01-2026 | 12 months | −14.1% |
From daily values since 16-12-2022, 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.
ICICI Prudential Nifty Commodities ETF
Tata Resources & Energy 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.
ICICI Prudential Nifty Commodities ETF
Tata Resources & Energy Fund (Direct)
Nifty Commodities TRI
Against Nifty Commodities TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Nifty Commodities ETF | 99% | 101% | 0.09% |
| Tata Resources & Energy Fund (Direct) | 97% | 87% | 5.61% |
From month-end values since 16-12-2022. 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.
ICICI Prudential Nifty Commodities ETF vs Tata Resources & Energy: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Nifty Commodities ETF, September 2026; Tata Resources & Energy Fund, September 2026
Holdings in common
- Overlap
- 51.9%
- Held by both
- 23
- Only in ICICI Prudential Nifty Commodities ETF
- 7
- Only in Tata Resources & Energy
- 21
| Security | % of ICICI Prudential Nifty Commodities ETF | % of Tata Resources & Energy |
|---|---|---|
| Ultratech Cement Ltd. | 6.25% | 5.51% |
| Tata Steel Ltd. | 7.37% | 4.37% |
| Adani Power Ltd. | 4.09% | 3.67% |
| Reliance Industries Ltd. | 9.91% | 3.58% |
| Oil & Natural Gas Corporation Ltd. | 4.23% | 3.57% |
| Vedanta Aluminium Metal Ltd. | 3.37% | 5.05% |
| NTPC Ltd. | 7.39% | 3.25% |
| Bharat Petroleum Corporation Ltd. | 2.93% | 3.27% |
| JSW Steel Ltd. | 5.82% | 2.70% |
| Adani Energy Solutions Ltd. | 2.07% | 4.62% |
| Jindal Steel Ltd. | 2.03% | 2.94% |
| Coal India Ltd. | 4.91% | 1.83% |
| Hindustan Petroleum Corporation Ltd. | 1.62% | 1.64% |
| Grasim Industries Ltd. | 5.57% | 1.54% |
| NHPC Ltd. | 1.32% | 1.83% |
| Hindalco Industries Ltd. | 6.57% | 1.32% |
| NMDC Ltd. | 1.28% | 1.38% |
| APL Apollo Tubes Ltd. | 1.92% | 1.16% |
| Ambuja Cements Ltd. | 1.12% | 3.76% |
| Indian Oil Corporation Ltd. | 2.43% | 1.07% |
| Oil India Ltd. | 1.18% | 1.03% |
| Shree Cements Ltd. | 1.44% | 0.83% |
| SRF Ltd. | 1.73% | 0.73% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 51.9% means 51.9% 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 Nifty Commodities ETF
| Security | % of fund |
|---|---|
| Tata Power Company Ltd. | 2.91% |
| Vedanta Ltd. | 2.20% |
| Pidilite Industries Ltd. | 2.19% |
| Adani Green Energy Ltd. | 2.07% |
| JSW Energy Ltd | 1.46% |
Largest holdings only in Tata Resources & Energy Fund
| Security | % of fund |
|---|---|
| GANESHA ECOSPHERE LTD | 2.88% |
| HINDUSTAN ZINC LTD | 2.44% |
| WEST COAST PAPER MILLS LTD | 2.44% |
| DEE DEVELOPMENT ENGINEERS LTD | 2.43% |
| NAVIN FLUORINE INTERNATIONAL LTD | 2.37% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Nifty Commodities ETF | Tata Resources & Energy |
|---|---|---|
| Equity | 100.0% | 95.4% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 4.6% |
Market cap of stocks
| Market cap | ICICI Prudential Nifty Commodities ETF | Tata Resources & Energy |
|---|---|---|
| Large Cap | 85.4% | 55.6% |
| Mid Cap | 14.6% | 10.0% |
| Small Cap | 0.0% | 27.8% |
| Not on AMFI's list | 0.0% | 2.1% |
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 Nifty Commodities ETF | Tata Resources & Energy |
|---|---|---|
| Power | 22.4% | 15.6% |
| Petroleum Products | 16.9% | 11.0% |
| Ferrous Metals | 15.2% | 10.9% |
| Cement & Cement Products | 14.4% | 13.0% |
| Non - Ferrous Metals | 9.9% | 8.8% |
| Chemicals & Petrochemicals | 3.9% | 6.3% |
| Oil | 5.4% | 4.6% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Nifty Commodities ETF vs Tata Resources & Energy: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Nifty Commodities ETF | Tata Resources & Energy Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.84% |
| Base expense ratio (Direct) | 0.00% | 0.60% |
| Total expense ratio (Regular) | Not available | 2.22% |
| Base expense ratio (Regular) | 0.26% | 1.84% |
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 Tata Resources & Energy with
ICICI Prudential Nifty Commodities ETF vs Tata Resources & Energy Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Nifty Commodities ETF and Tata Resources & Energy Fund?
ICICI Prudential Nifty Commodities ETF is an ETF fund, Tata Resources & Energy Fund is a Thematic fund, run by ICICI Prudential Mutual Fund and Tata Mutual Fund. Their portfolios overlap 51.9%. ICICI Prudential Nifty Commodities ETF charges 0.35% a year and Tata Resources & Energy Fund 0.84%.
Which has given higher returns, ICICI Prudential Nifty Commodities ETF or Tata Resources & Energy Fund?
Over 1 year: ICICI Prudential Nifty Commodities ETF −4.83%, Tata Resources & Energy Fund −2.16%. Over 3 years: ICICI Prudential Nifty Commodities ETF +13.50% a year, Tata Resources & Energy Fund +14.90% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Nifty Commodities ETF or Tata Resources & Energy Fund?
ICICI Prudential Nifty Commodities ETF charges less: 0.35% a year against 0.84%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential Nifty Commodities ETF and Tata Resources & Energy Fund overlap?
51.9%. They hold 23 of the same securities, the largest shared ones being ULTRACEMCO, TATASTEEL, ADANIPOWER. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Nifty Commodities ETF or Tata Resources & Energy Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,85,743 in ICICI Prudential Nifty Commodities ETF (XIRR 2.7% a year) and ₹3,99,218 in Tata Resources & Energy Fund (XIRR 4.9% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Nifty Commodities ETF and Tata Resources & Energy Fund?
Yes. 51.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages ICICI Prudential Nifty Commodities ETF and Tata Resources & Energy Fund?
ICICI Prudential Nifty Commodities ETF: Nishit Patel, Ashwini Bharucha, Venus Ahuja. Tata Resources & Energy Fund: Satish Chandra Mishra.
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.