Yes it is good to invest in this. ICICI MF’s new fund offer has come up with strategic metal and energy fund component. Just to add some knowledge ICICI fund has given 17 % return against the benchmark of 12%
Even talking about the fund it is an offshore fund dealing with energy and metal products . Renewable energy is a hot topic to talk on. Globally it is in extreme demand and due to upcoming electric vehicle transition as well the fund has a high scope of generating enormous corpus. However people with high level risk appetited should invest in this fund who are ready to ensure a long term return. Rest is your choice. Because it depends in which category do you belong to( considering risk appetited, age, income factor etc.). Rest is your choice.
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