ICICI Prudential Innovation Fund - Growth
Category: Equity: Thematic-Others
Launch Date: 05-04-2023
AUM:
₹ 629.84 Cr
Expense Ratio
1.85%
Benchmark
NIFTY 500 TRI
ISIN
INF109KC19S9
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
500
Exit Load
Exit load of 1%, if redeemed within 12 months.
Asset Class
Status
Open Ended Schemes
Fund Manager
Anish Tawakley, Vaibhav Dusad, Sharmila D'mello
NAV as on 28-04-2025
17.35
0.2 (1.1527%)
Overview
Investment Objective
The scheme seeks to generate long term capital appreciation by predominantly investing in equity & equity related securities of companies and units of global mutual funds/ETFs that can benefit from innovation strategies and theme.
Asset Allocation
Equity
90.73%
Debt
1.59%
Others
7.68%
Indicators
| Volatility | - |
| Sharp Ratio | - |
| Alpha | - |
| Beta | - |
| Yield to Maturity | |
| Average Maturity | - |
-
-
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
-
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
-
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) | Since Launch (%) |
|---|---|---|---|---|
| ICICI Prudential Innovation Fund - Growth | 12.59 | - | - | 31.61 |
| NIFTY 500 TRI | 6.37 | 15.5 | 24.41 | 12.43 |
Riskometer
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 15.64 |
| Healthcare | 10.39 |
| Automobile and Auto Components | 9.69 |
| N/A | 9.27 |
| Capital Goods | 8.02 |
| Fast Moving Consumer Goods | 7.28 |
| Consumer Services | 7.2 |
| Chemicals | 6.29 |
| Power | 5.29 |
| Telecommunication | 5.28 |
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 5.46 |
| TREPS | 4.91 |
| PIDILITE INDUSTRIES LIMITED EQ NEW FV RE.1/- | 3.52 |
| RELIANCE INDUSTRIES LIMITED EQ | 3.41 |
| AXIS BANK LIMITED EQ NE FV RS. 2/- | 3.23 |
| MARUTI SUZUKI INDIA LIMITED EQ | 3.13 |
| LARSEN AND TOUBRO LIMITED EQ NEW FV RS.2/- | 2.94 |
| BHARTI AIRTEL LIMITED EQ PP RS. 1.25/- | 2.82 |
| ICICI Bank Ltd. | 2.78 |
| LUPIN LIMITED EQ NEW F.V. RS.2/- | 2.74 |
Peer Comparison
| Scheme Name | Inception Date | 1Yr Rtn (%) | 3Yrs Rtn (%) | 5Yrs Rtn (%) | 10Yrs Rtn(%) |
|---|---|---|---|---|---|
| ICICI Prudential Innovation Fund Gr | 05-04-2023 | 12.59 | 0.0 | 0.0 | 0.0 |
| Sundaram Services Reg Gr | 21-09-2018 | 14.91 | 17.13 | 27.77 | 0.0 |
| ICICI Pru Exports & Services Gr | 01-11-2005 | 13.6 | 20.13 | 28.06 | 14.11 |
| HDFC Defence Fund Gr | 02-06-2023 | 13.38 | 0.0 | 0.0 | 0.0 |
| ICICI Pru India Opportunities Cum | 05-01-2019 | 13.25 | 23.72 | 34.07 | 0.0 |
| Kotak Business Cycle Fund Reg Gr | 05-09-2022 | 11.65 | 0.0 | 0.0 | 0.0 |
| Union Innovation & Opportunities Fund Reg Gr | 06-09-2023 | 10.07 | 0.0 | 0.0 | 0.0 |
| Kotak Pioneer Fund Reg Gr | 31-10-2019 | 9.97 | 17.62 | 27.47 | 0.0 |
| ICICI Pru Business Cycle Fund Gr | 05-01-2021 | 9.34 | 21.02 | 0.0 | 0.0 |
| Franklin India Opportunities Gr | 05-02-2000 | 9.11 | 29.73 | 32.07 | 15.57 |