ICICI Prudential ENERGY Opportunities Fund
Direct · GrowthAI Summary
The fund delivered a 1-year SIP XIRR of 15.44%, which is 1.34 percentage points above the category average of 14.1% and significantly outperforms the NIFTY 50, which had a negative CAGR of -2.9% over the same period. Over longer horizons, the fund's CAGR remains positive (e.g., 5.92% over 3 years) while the benchmark has been negative, indicating consistent relative outperformance. However, the fund's 1-year rolling return mean of 11.67% is lower than its XIRR, reflecting the impact of SIP timing versus lump-sum investments.
The fund exhibits moderate volatility with a beta of 0.73 against the NIFTY 50, and its maximum drawdown is shallow at -0.19%, with a recovery period of 126 days, indicating resilience during market downturns. The Calmar ratio of 0.62 over 1 year suggests reasonable risk-adjusted returns relative to drawdown. Downside capture of 64.48% is notably lower than upside capture of 89.79%, meaning the fund loses less in falling markets than it gains in rising ones, a favorable risk profile.
The fund is highly concentrated in energy-related sectors, with top holdings including Reliance Industries (9.57%), NTPC (7.85%), and ONGC (6.14%), and the top 5 sectors (Electrical Equipment, Petroleum Products, Power, Industrial Products, Oil) account for over 73% of the portfolio. This sectoral focus provides high exposure to the energy value chain but limits diversification, as seen with 71 total holdings but significant overlap in energy themes. The presence of HDFC Bank (2.48%) and Kalpataru Projects (2.4%) adds some cross-sector exposure, but the fund remains a thematic play.
The fund's 1-year XIRR of 15.44% places it above the category average of 14.1%, indicating better short-term performance relative to peers. However, over longer periods (3Y, 5Y, 10Y), the category averages are higher (16.82%, 16.95%, 16.71% respectively), suggesting the fund may underperform in extended SIP horizons, though its CAGR has been positive while the benchmark has been negative. The fund's alpha versus the benchmark is positive across all periods except 15 years, where it turns slightly negative (-0.15%), indicating a long-term erosion of relative outperformance.
This fund is suitable for investors with a high risk tolerance and a long-term horizon (5+ years) who are specifically bullish on the energy sector and want thematic exposure. It is not appropriate for conservative investors or those seeking broad diversification, given its sector concentration. Investors should be prepared for volatility tied to energy prices and policy changes, and should consider this as a satellite holding rather than a core portfolio component.
- Outperformed the NIFTY 50 significantly over 1-year, with a positive CAGR of 18.61% versus -2.9% for the benchmark.
- Lower downside capture (64.48%) than upside capture (89.79%) indicates better protection in market declines.
- Shallow maximum drawdown of -0.19% with a quick recovery of 126 days, demonstrating resilience during market stress.
- High sector concentration in energy-related industries (over 73% in top 5 sectors) increases vulnerability to sector-specific downturns.
- Long-term SIP XIRR (3Y and beyond) lags the category average by 1-2 percentage points, suggesting potential underperformance in extended investment periods.
Generated on 29-08-2026, 3:04 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.83 L | 15.4% | -0.5% | 31.7% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 15.4% | 14.4% | 14.1% | +1.0% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 11.7% | 11.9% | -3.6% | 29.9% | 0.66 | 1.71 | 89% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +19.01 | 0.73 | 89.8% | 64.5% | 18.6% | -2.9% |
| 3 Years | +4.83 | 0.79 | 87.8% | 75.6% | 5.9% | -0.3% |
| 5 Years | +2.31 | 0.79 | 87.8% | 75.6% | 3.5% | -0.2% |
| 7 Years | +1.25 | 0.79 | 87.8% | 75.6% | 2.5% | -0.1% |
| 10 Years | +0.46 | 0.79 | 87.8% | 75.6% | 1.7% | -0.1% |
| 12 Years | +0.15 | 0.79 | 87.8% | 75.6% | 1.4% | -0.1% |
| 15 Years | -0.15 | 0.79 | 87.8% | 75.6% | 1.2% | -0.1% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Reliance Industries Ltd. | 9.57% |
| 2 | NTPC Ltd. | 7.85% |
| 3 | Oil & Natural Gas Corporation Ltd. | 6.14% |
| 4 | Oil India Ltd. | 3.65% |
| 5 | Bharat Petroleum Corporation Ltd. | 3.35% |
| 6 | Indian Oil Corporation Ltd. | 2.48% |
| 7 | TD Power Systems Ltd. | 2.48% |
| 8 | HDFC Bank Ltd. | 2.48% |
| 9 | Kalpataru Projects International Ltd | 2.40% |
| 10 | Emmvee Photovoltaic Power Ltd. | 2.31% |