ICICI PRUDENTIAL TRANSPORTATION AND LOGISTICS FUND - Direct Plan - IDCW

ICICI PRUDENTIAL TRANSPORTATION AND LOGISTICS FUND - Direct Plan - IDCW sits in the middle of the pack for Sectoral/ Thematic funds, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 62/100.

Cost: At 2.41%, the expense ratio runs 115% above the Sectoral/ Thematic category average of 1.12%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.06 — returns have only marginally compensated for the risk taken. Separately, with 20.89% annualised volatility, this is among the more turbulent funds in its space — expect sharp swings in both directions.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.