Mutual funds are subject to market risk. Read all scheme documents carefully.
The fund is rated 3 stars. The strongest areas were investment selection within each industry and balance between returns and downside risk. Investment selection within each asset type was the main limitation and did not provide enough support for a higher rating. Both higher annual fee of 2.11% and above-average fund size of Rs 2,528.45 crore were minor drawbacks.
This fund has a bad track record with Asset Selection/Timing, a good track record with Stock Selection/Timing, a good risk-reward ratio. It is important to note, however, that this fund has a 2528.451 AUM and a 2.11 expense ratio. Considering all these factors, we have rated this fund as 3.0 star.
Our score weighs long-term performance, risk and consistency — not just past returns.
As of 6 Nov 2026
As of 31 Oct 2026
Long-term capital growth. Investment in in equity and equity-related instruments (domestic and / or overseas) of natural resources companies/ entities in sectors like mining, energy, etc. and companies/ entities involved in alternative energy and energy technology.
The scheme will invest in equity and equity related securities of companies/entities domiciled in India and a certain portion in companies domiciled overseas, whose predominant economic activity is in the (a) discovery, development, production, or distribution of natural resources, viz., energy, mining, etc.
As of 30 Sep 2026
| Holding | % of fund | Value | Shares |
|---|---|---|---|
| BlackRock Global Funds - World Energy Fund | 9.90% | ₹250.28 Cr | 6,02,478 |
| Tata Steel Ltd. | 8.41% | ₹212.59 Cr | 1,15,35,153 |
| Bharat Petroleum Corporation Ltd. | 7.54% | ₹190.6 Cr | 62,86,211 |
| Reliance Industries Ltd. | 7.30% | ₹184.46 Cr | 15,54,012 |
| Jindal Steel Ltd. | 6.79% | ₹171.57 Cr | 15,11,761 |
| Oil And Natural Gas Corporation Ltd. | 6.43% | ₹162.55 Cr | 71,98,742 |
| Hindustan Zinc Ltd. | 6.30% | ₹159.31 Cr | 28,14,576 |
| Indian Oil Corporation Ltd. | 5.63% | ₹142.46 Cr | 1,05,57,999 |
| Others | 5.28% | ₹133.55 Cr | — |
| Hindustan Petroleum Corporation Ltd. | 5.06% | ₹127.87 Cr | 36,49,839 |
