HomeInternational Fund › ICICI Prudential Strategic Metal and Energy Equity Fund of Fund

ICICI Prudential Strategic Metal and Energy Equity Fund of Fund

FoF Overseas · ICICI Prudential Asset Management Company Limited

In plain words

Among the 156 funds in its category, this one has grown money faster than most. ₹1 lakh invested 3 years ago would be about ₹2.5 lakh today. Investing ₹10,000 every month for the last 3 years would have put in ₹3.7 lakh and grown it to about ₹7.3 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹75,660. Expect meaningful ups and downs on the way.

New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund is RS 99/99 in its category right now. See the RS line plotted against its benchmark, live, and the day it crossed.
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ICICI Prudential Strategic Metal and Energy Equity Fund of Fund is a FoF Overseas fund from ICICI Prudential Asset Management Company Limited. It has a track record of about 4.6 years. As of the latest data it carries an RS rating of 99/99 (its recent momentum versus category peers) and a King Score of 85/100 (a long-term quality composite). The current NAV is ₹35.13 (as of 2026-09-16).

At a glance. Long-term quality (King Score): 85/100 · Current momentum (RS): 99/99 · Worst-ever fall: -24.34%
99RS rating
85King Score
36.36%3Y CAGR
n/a5Y CAGR
-24.34%Max drawdown
1.15Sharpe 3Y
0.85%Expense
282AUM ₹Cr

Growth of ₹100 - last 5 years

2022-022026-08
What ₹100 invested 5 years ago would be worth today, from actual NAV history.

ICICI Prudential Strategic Metal and Energy Equity Fund of Fund returns: last 1, 3, 5 and 10 years

PeriodThis fundCategory average
1 month7.63%-2.26%
3 months20.57%-1.03%
6 months16.56%11.75%
1 year69.08%24.53%
3 years (CAGR)36.36%23.16%

Its trailing one-year return is 69.08%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.

Year-by-year returns

YearICICI Prudential StratBenchmark
2023+4.5%+25.8%
2024+5.0%+15.2%
2025+67.4%+6.7%
2026+45.4%-5.8%

ICICI Prudential Strategic Metal and Energy Equity Fund of Fund beat its benchmark in 2 of the last 4 calendar years. Consistency against the benchmark matters more than any single great year.

Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.

What a monthly SIP in ICICI Prudential Strategic Metal and Energy Equity Fund of Fund would have made

A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.

SIP durationYou investedIt becameXIRR
3 years₹370,000₹731,60949.58%

Over 3 years, ₹370,000 invested in monthly instalments would have grown to about ₹731,609 - an XIRR of 49.58%. Figures are pre-tax and assume you stayed invested throughout.

Risk & drawdowns

MeasureThis fundCategory average
Worst drawdown (lifetime)-24.34%-29.92%
Worst drawdown (3Y)-14.54%-18.62%
Volatility (1Y)31.92%23.2%
Sharpe (3Y)1.150.77
Sortino (3Y)2.051.47
Beta (3Y)-0.220.31
Alpha (3Y)32.07%15.72%
Up capture24.5%63.19%
Down capture-74.5%15.34%
Bull-market return29.7%22.11%
Bear-market return73.9%-0.02%

Timing matters more than people admit: the best possible 1-year stretch in ICICI Prudential Strategic Metal and Energy Equity Fund of Fund (starting 2025-04-04) gained 104.4%, while the worst (starting 2023-01-24) lost 8.5%. The worst peak-to-bottom fall ICICI Prudential Strategic Metal and Energy Equity Fund of Fund has ever put investors through is -24.34% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about 73.9% annualised, versus 29.7% in rising markets. It has captured roughly 24.5% of its benchmark's up-moves and -74.5% of its down-moves.

How ICICI Prudential Strategic Metal and Energy Equity Fund of Fund behaves when markets fall

When the market is falling (the Nifty below its 200-day average), ICICI Prudential Strategic Metal and Energy Equity Fund of Fund has historically returned about 73.9% annualised, versus roughly 29.7% when the market is rising. Its deepest fall on record is -24.34%. Right now it sits about 0.05% below its all-time high (last hit 2026-09-11). The real question isn't the average year - it's whether you could hold on through the worst one.

How ICICI Prudential Strategic Metal and Energy Equity Fund of Fund ranks in its category

Percentile versus its ~156 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.

3-year return
95th
Drawdown resilience
70th
Consistency
75th
Risk-adjusted (Sharpe)
97th

Consistency (rolling returns)

MeasureValue
Median 3Y rolling CAGR20.19%
3Y windows positive100.0%
Worst 3Y window6.29%

Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, ICICI Prudential Strategic Metal and Energy Equity Fund of Fund returned a median of 20.19% a year, and 100.0% of those windows were positive.

Who manages ICICI Prudential Strategic Metal and Energy Equity Fund of Fund - and how good are they?

ICICI Prudential Strategic Metal and Energy Equity Fund of Fund is managed by Sharmila D'Silva and Masoomi Jhurmarvala. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.

Sharmila D'Silva's full record

Sharmila D'Silva currently runs 25 funds, across Aggressive Hybrid Fund, Arbitrage Fund, Dynamic Asset Allocation or Balanced Advantage, ELSS and more, with about ₹458,508 Cr under management. The book's average King Score is 66.2/100. Their strongest fund by King Score is ICICI Prudential Focused Equity Fund (90/100); ICICI Prudential Strategic Metal and Energy Equity Fund of Fund ranks #4 of 25 in their book.

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#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1ICICI Prudential Focused Equity Fund44900.1%5.1%-0.9%15.4%14.8%14.9%0.6316.7%-34.1%
2ICICI Prudential Equity & Debt Fund5689-0.3%2.2%-0.2%12.4%14.2%15.0%0.5618.3%-30.7%
3ICICI Prudential Large & Mid Cap Fund3287-0.4%4.3%-0.6%13.9%15.1%15.1%0.5417.7%-37.4%
4ICICI Prudential Strategic Metal and Energy Equity Fund of Fund (this page)998520.6%16.6%69.1%36.4%n/an/a1.1520.2%-24.3%
5ICICI Prudential Business Cycle Fund980-4.1%0.0%-3.8%13.4%15.0%n/a0.523.7%-14.4%
6ICICI Prudential Balanced Advantage Fund87790.9%4.5%3.2%10.6%10.5%11.2%0.5512.8%-27.0%
7ICICI Prudential Arbitrage Fund82761.6%3.1%6.6%7.3%6.7%6.3%0.826.7%-0.6%
8ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund)2276-2.6%-0.5%-5.8%9.5%10.6%13.2%0.2316.2%-37.3%
9ICICI Prudential Manufacturing Fund5374-1.3%9.7%6.3%18.4%18.2%n/a0.726.2%-37.6%
10ICICI Prudential Value Fund (erstwhile Value Discovery Fund)1673-3.1%-2.6%-6.1%10.7%13.8%14.2%0.3520.5%-36.7%
11ICICI Prudential NASDAQ 100 Index Fund9672-4.1%21.0%30.9%30.0%n/an/a1.0328.1%-30.0%
12ICICI Prudential US Bluechip Equity Fund85727.5%11.6%18.2%16.2%13.1%16.4%0.5615.0%-24.6%
13ICICI Prudential Passive Multi-Asset Fund of Funds62720.6%4.5%7.1%12.7%n/an/a0.8615.2%-7.2%
14ICICI Prudential ELSS Tax Saver Fund3161-0.5%3.4%-3.6%9.7%9.4%12.4%0.2615.6%-37.5%
15ICICI Prudential Equity Savings Fund64581.1%1.8%2.5%6.7%7.4%7.9%0.078.8%-19.2%
16ICICI Prudential Dynamic Asset Allocation Active FOF2457-0.3%3.7%1.7%10.2%10.7%12.1%0.5513.8%-26.4%
17ICICI Prudential Diversified Equity All Cap Omni FOF29510.1%6.1%-0.0%13.6%14.1%n/a0.5323.8%-31.4%
18ICICI Prudential Global Advantage Fund (FOF)72501.1%9.2%16.0%19.5%10.3%n/a0.856.1%-27.1%
19ICICI Prudential Smallcap Fund18492.8%15.4%1.6%10.4%14.0%15.9%0.2818.0%-45.1%
20ICICI Prudential Multi Sector Passive FOF2943-0.7%5.4%2.1%11.3%11.0%12.5%0.3913.9%-34.9%
21ICICI Prudential Banking and Financial Services Fund2342-1.1%1.9%-2.7%8.5%9.1%12.0%0.1516.0%-47.8%
22ICICI Prudential FMCG Fund120-5.7%-4.4%-19.4%-3.6%4.4%8.9%-0.7414.0%-29.6%
23ICICI Prudential Energy Opportunities Fund58n/a-2.0%8.1%11.7%n/an/an/a0.01n/a-18.7%
24ICICI Prudential Quality Fund54n/a2.4%7.0%1.9%n/an/an/a-0.2n/a-12.6%
25ICICI Prudential Rural Opportunities Fund12n/a-1.4%0.0%-6.7%n/an/an/a-0.13n/a-14.4%

Masoomi Jhurmarvala's full record

Masoomi Jhurmarvala currently runs 6 funds, across FoF Domestic, FoF Overseas, Sectoral/ Thematic, Value Fund, with about ₹62,001 Cr under management. The book's average King Score is 59.0/100. This fund is the highest-scored fund they run (King 85/100).

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#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1ICICI Prudential Strategic Metal and Energy Equity Fund of Fund (this page)998520.6%16.6%69.1%36.4%n/an/a1.1520.2%-24.3%
2ICICI Prudential Value Fund (erstwhile Value Discovery Fund)1673-3.1%-2.6%-6.1%10.7%13.8%14.2%0.3520.5%-36.7%
3ICICI Prudential Diversified Equity All Cap Omni FOF29510.1%6.1%-0.0%13.6%14.1%n/a0.5323.8%-31.4%
4ICICI Prudential Global Stable Equity Fund (FOF)63436.3%9.4%18.6%14.1%11.2%10.7%0.599.4%-26.2%
5ICICI Prudential Multi Sector Passive FOF2943-0.7%5.4%2.1%11.3%11.0%12.5%0.3913.9%-34.9%
6ICICI Prudential Quality Fund54n/a2.4%7.0%1.9%n/an/an/a-0.2n/a-12.6%

A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.

Cost & fund basics

DetailValue
Expense ratio (Direct)0.85%
Exit load≈1% if redeemed within 1 year (typical)
Minimum investment₹1000
Fund size (AUM)₹282 Cr
Age4.6 years
Plan / OptionDirect · Growth
BenchmarkNIFTY500

How ICICI Prudential Strategic Metal and Energy Equity Fund of Fund compares to peers

FundRSKing3Y CAGR
Axis NASDAQ 100 US Specific Equity Passive FOF718829.5%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund928737.3%
Navi NASDAQ100 US Specific Equity Passive FOF728330.2%
HDFC Developed World Overseas Equity Passive FOF827725.1%
Navi Total Stock Market US Specific Equity Passive FoF777725.7%
DSP Global Innovation Overseas Equity Omni FoF557426.9%
Compare side by side. Chart ICICI Prudential Strategic Metal and Energy Equity Fund of Fund against these peers on one screen - rebased returns, drawdowns, rolling windows and stock-level overlap.
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Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.

What these numbers mean

RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.

ICICI Prudential Strategic Metal and Energy Equity Fund of Fund review: the bottom line

On the data, its strengths are a strong long-term quality score (85/100), leading current momentum (RS 99). Whether it fits you depends on your goals, horizon and risk appetite - this page describes the fund, it does not recommend it.

Related

Frequently asked questions

Is ICICI Prudential Strategic Metal and Energy Equity Fund of Fund a good mutual fund?

That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, ICICI Prudential Strategic Metal and Energy Equity Fund of Fund scores 85/100 on our King Score and RS 99/99 within its category, has compounded 36.36% a year over three years, and its worst drawdown was -24.34%. Compare those against your needs and the peer table above.

What is the NAV of ICICI Prudential Strategic Metal and Energy Equity Fund of Fund today?

The latest NAV is ₹35.13 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.

What is the expense ratio of ICICI Prudential Strategic Metal and Energy Equity Fund of Fund?

The Direct-plan expense ratio is 0.85% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.

Who is the fund manager of 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; Masoomi Jhurmarvala.

Is ICICI Prudential Strategic Metal and Energy Equity Fund of Fund safe? How risky is it?

No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -24.34% - ₹1 lakh briefly becoming about ₹75,660. As a international fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.

Is ICICI Prudential Strategic Metal and Energy Equity Fund of Fund good for SIP?

We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 3 years grew ₹3.7 lakh into about ₹7.3 lakh (XIRR 49.58%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.

What are the SIP returns of ICICI Prudential Strategic Metal and Energy Equity Fund of Fund?

A ₹10,000/month SIP over 3 years would have grown to about ₹731,609 (an XIRR of 49.58%) on ₹370,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.

How does ICICI Prudential Strategic Metal and Energy Equity Fund of Fund rank among similar funds?

On 3-year returns it sits around the 95th percentile of its category, and its consistency ranks 75th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.

Is ICICI Prudential Strategic Metal and Energy Equity Fund of Fund tax-efficient / what about capital gains?

As a international fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.

Direct or Regular plan - which is shown here?

All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.

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Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.

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