ICICI Prudential Transportation and Logistics Fund
Direct · GrowthAI Summary
ICICI Prudential Transportation and Logistics Fund has delivered a 1Y SIP XIRR of 21.58% and a 3Y SIP XIRR of 19.69%, well ahead of the category averages of 10.68% and 16.26% respectively. Against the NIFTY 50, the fund shows strong alpha across horizons, including 16.50% over 1Y and 13.91% over 3Y, with the 3Y Fund CAGR of 19.1% versus the benchmark's 5.26%. Calendar year returns have been uneven, ranging from 46.49% in 2023 to -2.98% in 2022 and -0.81% in 2026 YTD.
The fund has experienced 3 drawdown events exceeding 10%, with the maximum drawdown lasting 192 days and taking 150 days to recover, indicating meaningful downside episodes typical of a sectoral fund. Calmar ratios of 1.18 (1Y) and 1.11 (3Y) suggest reasonable risk-adjusted returns relative to the depth of drawdowns. Downside capture of 91.8% over 3Y and 84.73% over longer horizons shows the fund has historically lost less than the benchmark in down markets while capturing more on the upside.
The portfolio is heavily tilted toward automobiles, which account for 41.2% of assets, with auto components adding another 16.9%, meaning nearly 60% of the fund rides on the auto cycle. Top holdings include Mahindra & Mahindra (12.63%), Eternal (9.59%), and TVS Motor (7.43%), with five of the top ten positions being automakers. With 36 total holdings, the fund is reasonably diversified by count, but the effective concentration in the auto and transport theme remains high.
The fund's SIP XIRR outpaces the category average by roughly 10.9 percentage points over 1Y and 3.4 percentage points over 3Y, indicating above-average performance among sectoral/thematic peers. Positive alpha across every measured horizon from 1Y through 15Y points to consistent benchmark outperformance over long periods. However, as a thematic fund, its consistency in absolute terms varies with the underlying sector cycle, as seen in the weak 2022 and 2026 calendar returns.
This fund suits investors who already hold diversified core equity funds and want a tactical satellite allocation to the transportation, logistics, and auto theme. A time horizon of at least 5-7 years is advisable given the sector's cyclicality and the fund's history of multi-month drawdowns. Investors should have a high risk tolerance and be comfortable with periods of underperformance when the auto and transport cycle turns.
- SIP XIRR of 21.58% (1Y) and 19.69% (3Y) comfortably exceeds category averages of 10.68% and 16.26%
- Consistent positive alpha versus NIFTY 50 across all horizons, from 16.50% (1Y) to 3.73% (15Y)
- Favorable capture profile with 3Y upside capture of 108.67% and downside capture of 91.8%
- Heavy concentration in automobiles (41.2%) and auto components (16.9%) exposes investors to a single sector cycle
- Three drawdown events exceeding 10%, with the worst lasting 192 days and requiring 150 days for recovery
Generated on 23-10-2026, 2:54 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 | ₹13.47 L | 28.2% | -26.0% | 80.4% |
| 3 Years | ₹36.00 L | ₹47.69 L | 20.0% | 8.3% | 31.5% |
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 | 28.2% | 14.3% | 10.6% | +13.9% |
| 3 Years | 20.0% | 11.0% | 16.2% | +9.0% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 27.8% | 19.6% | -3.4% | 70.5% | 0.98 | 11.42 | 97% | — | — |
| 3 Years | 26.0% | 26.1% | 18.3% | 32.1% | 5.84 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +14.75 | 1.21 | 118.5% | 101.9% | -2.1% | -12.7% |
| 3 Years | +13.18 | 1.06 | 108.7% | 93.2% | 18.6% | 5.4% |
| 5 Years | +11.45 | 1.00 | 104.3% | 85.7% | 15.9% | 4.5% |
| 7 Years | +7.95 | 1.00 | 104.3% | 85.7% | 11.2% | 3.2% |
| 10 Years | +5.44 | 1.00 | 104.3% | 85.7% | 7.7% | 2.2% |
| 12 Years | +4.49 | 1.00 | 104.3% | 85.7% | 6.4% | 1.9% |
| 15 Years | +3.57 | 1.00 | 104.3% | 85.7% | 5.1% | 1.5% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Mahindra & Mahindra Ltd. | 12.63% |
| 2 | Eternal Ltd. | 9.59% |
| 3 | TVS Motor Company Ltd. | 7.43% |
| 4 | Maruti Suzuki India Ltd. | 6.44% |
| 5 | Hyundai Motor India Ltd. | 6.17% |
| 6 | Interglobe Aviation Ltd. | 6.05% |
| 7 | Tata Motors Ltd. | 5.31% |
| 8 | Bajaj Auto Ltd. | 3.81% |
| 9 | Ashok Leyland Ltd. | 3.03% |
| 10 | Eicher Motors Ltd. | 2.90% |