Fund Overview
ETF
ICICI Prudential Nifty Metal ETF
Ticker: METALIETFUnderlying Index: Nifty MetalISIN: INF109KC19W1
11.5712.58% (1Y)
End of Day NAV as on Oct 23, 2026
Fundamentals
| Asset Type | Equity |
| Underlying Index Type | Sectoral Index |
| No. of Companies | 15 Companies |
| Market Cap Focus | Multi / Flexi Cap |
| Std Deviation (1 yr) | 1.43% |
| P/E | 21.21 |
| P/B | 5.70 |
| Div Yield | 1.62% |
| Down from 52w High | 18.34% |
| Up from 52w Low | 15.72% |
| Asset Type | Equity |
| Underlying Index Type | Sectoral Index |
| No. of Companies | 15 |
| Market Cap Focus | Multi / Flexi Cap |
| P/E | 21.21 |
| P/B | 5.70 |
| Div Yield | 1.62% |
| Down from 52w High | 18.34% |
| Up from 52w Low | 15.72% |
| Std Deviation (1 yr) | 1.43% |
Fund Parameters
| AUM (Cr) | 978 |
| Base Expense Ratio | 0.34% |
| Tracking Error | 0.03% |
| All-In-Cost | 0.37% |
| Inception Date | 14 Aug 2024 |
| Scheme Option - Type | Growth - Open ended scheme |
| Latest Price | 11.56 |
| NAV Gap | -0.10% |
| 1M Average NAV Gap | -0.06% |
| Daily Volume | 66,89,089 |
| 1M Average Daily Volume | 55,95,873 |
| 1M Average Daily Turnover (Cr) | 6.9 |
Native Score
| AUM (Cr) | 978 |
| Base Expense Ratio | 0.34% |
| Tracking Error | 0.03% |
| All-In-Cost | 0.37% |
| Inception Date | 14 Aug 2024 |
| Scheme Option - Type | Growth - Open ended scheme |
| ETF Market Data | |
| Latest Price | 11.56 |
| NAV Gap | -0.10% |
| 1M Avg NAV Gap | -0.06% |
| Daily Volume | 66,89,089 |
| 1M Avg Daily Volume | 55,95,873 |
| 1M Avg Daily Turnover | 6.9 |
| Native Score | |
Similar Exchange Traded Funds (ETFs)
| Fund Name | ||||||||
|---|---|---|---|---|---|---|---|---|
| 11.59 | 537 | 0.31% | 0.03% | 3 | -0.07% | 0.34% | ||
| 115.05 | 120 | 0.30% | 0.01% | 0 | -0.04% | 0.31% | ||
| 10.92 | 41 | 0.40% | 0.02% | 0 | -0.22% | 0.42% |
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| Fund Name | Last Close | AUM (Cr) | Avg Exp Ratio | Tracking Error | 1M ADTO (Cr) | 1M Avg NAV Gap | All-In-Cost | Score |
|---|---|---|---|---|---|---|---|---|
| 11.59 | 537 | 0.31% | 0.03% | 3 | -0.07% | 0.34% | ||
| 115.05 | 120 | 0.30% | 0.01% | 0 | -0.04% | 0.31% | ||
| 10.92 | 41 | 0.40% | 0.02% | 0 | -0.22% | 0.42% |
Similar Index Funds
No similar index funds available for this index
Sectoral Allocation
Total
100%
allocation
- Iron & Steel48.7%
- Non - Ferrous Metals37.1%
- Trading11.1%
- Mining3.0%
- Miscellaneous0.9%
- Iron & Steel48.7%
- Non - Ferrous Metals37.1%
- Trading11.1%
- Mining3.0%
- Miscellaneous0.9%
Fund Holdings
| Name | Weight |
|---|
| Tata Steel Ltd. | 17.3% |
| Hindalco Industries Ltd. | 15.4% |
| JSW Steel Ltd. | 13.6% |
| Adani Enterprises Ltd. | 11.1% |
| Vedanta Aluminium Metal Ltd. | 7.9% |
| Vedanta Ltd. | 5.2% |
| Jindal Steel Ltd. | 4.8% |
| APL Apollo Tubes Ltd. | 4.5% |
| National Aluminium Company Ltd. | 3.5% |
| Hindustan Zinc Ltd. | 3.1% |
| NMDC Ltd. | 3.0% |
| Steel Authority Of India Ltd. | 3.0% |
| Lloyds Metals & Energy Ltd. | 2.9% |
| Jindal Stainless Ltd. | 2.6% |
| Hindustan Copper Ltd. | 2.1% |
| Tri-Party Repo (TREPS) | 0.9% |
| Net Current Asset | -0.9% |
NameWeight
Tata Steel Ltd.17.3%
Hindalco Industries Ltd.15.4%
JSW Steel Ltd.13.6%
Adani Enterprises Ltd.11.1%
Vedanta Aluminium Metal Ltd.7.9%
Vedanta Ltd.5.2%
Jindal Steel Ltd.4.8%
APL Apollo Tubes Ltd.4.5%
National Aluminium Company Ltd.3.5%
Hindustan Zinc Ltd.3.1%
NMDC Ltd.3.0%
Steel Authority Of India Ltd.3.0%
Lloyds Metals & Energy Ltd.2.9%
Jindal Stainless Ltd.2.6%
Hindustan Copper Ltd.2.1%
Tri-Party Repo (TREPS)0.9%
Net Current Asset-0.9%
Holdings Concentration
Total covered: 101%
Top 1–5
5 holdings
65.4%
65%
share
Top 6–10
5 holdings
21.0%
21%
share
Top 11–20
6 holdings
14.5%
14%
share
Market Cap Classification
Total
100%
allocation
- Large Cap78.4%
- Mid Cap21.6%
- Large Cap78.4%
- Mid Cap21.6%
Advanced Ratios
| Alpha | -0.00 |
| Beta | 1.00 |
| Sharpe Ratio | 0.07 |
| Sortino Ratio | 0.11 |
| Treynor Ratio | 0.10 |
| Information Ratio | -0.04 |
| Upside Capture | 99.82% |
| Downside Capture | 100.07% |
Index Methodology
| Factor Basis | Sector/Theme |
| What universe selected from? | Nifty 500 AND Part of Metals & Mining Sector |
| Weightage? | Free-Float Market Cap Weighting; Max weight per stock = 33% ; Top 3<=62% |
| Stocks Included | Max 15 stocks. Top 15 stocks in metals sector (including mining) based on free float market capitlzation ( 6-month average) are included in the index. |
| Exclusions | Constituents moving out of the Nifty 500 and currently part of the Nifty Metal Index are excluded.; Constituent whose trading frequency is <90% over the last 6 months; |
| Factor Basis | Sector/Theme |
| Universe | Nifty 500 AND Part of Metals & Mining Sector |
| Weightage | Free-Float Market Cap Weighting; Max weight per stock = 33% ; Top 3<=62% |
| Stocks Included | Max 15 stocks. Top 15 stocks in metals sector (including mining) based on free float market capitlzation ( 6-month average) are included in the index. |
| Exclusions | Constituents moving out of the Nifty 500 and currently part of the Nifty Metal Index are excluded.; Constituent whose trading frequency is <90% over the last 6 months; |
Fund • Last updated: 25/10/2026