Metal-focused mutual funds gain relevance as India’s capex-led growth theme strengthens

India’s investment cycle is increasingly driven by infrastructure, manufacturing, clean energy and exports, bringing industrial metals such as steel, aluminium and copper back into focus. Against this backdrop, metal oriented mutual funds are drawing attention as a diversified way to participate in a potential commodity upcycle. Funds like DSP Natural Resources & New Energy, Tata Resource & Energy, and ICICI Prudential Commodities offer exposure across metals, energy and allied sectors while spreading risk across companies and sub themes.