ICICI Prudential Innovation Fund - Growth
Category: Equity: Thematic-Others
Launch Date: 05-04-2023
AUM:
₹ 6,653.79 Cr
Expense Ratio
1.8%
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 09-10-2024
18.39
0.17 (0.9244%)
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
87.10%
Debt
0.32%
Others
12.58%
Indicators
| Volatility | - |
| Sharp Ratio | - |
| Alpha | - |
| Beta | - |
| Yield to Maturity | |
| Average Maturity | - |
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-
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 | 57.31 | - | - | 52.19 |
| NIFTY 500 TRI | 37.68 | 16.52 | 22.22 | 12.91 |
Riskometer
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| N/A | 12.9 |
| Pharmaceuticals & Biotechnology | 9.73 |
| Automobiles | 7.72 |
| Retailing | 6.67 |
| Electrical Equipment | 6.42 |
| Insurance | 5.25 |
| Consumer Durables | 4.95 |
| Chemicals & Petrochemicals | 4.5 |
| Construction | 4.33 |
| IT - Software | 3.96 |
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| Maruti Suzuki India Ltd. | 4.07 |
| Sun Pharmaceutical Industries Ltd. | 3.43 |
| Pidilite Industries Ltd. | 3.24 |
| ICICI Bank Ltd. | 3.05 |
| HDFC Life Insurance Company Ltd. | 3.02 |
| Microsoft Corp | 2.66 |
| Siemens Ltd. | 2.44 |
| Cummins India Ltd. | 2.44 |
| Larsen & Toubro Ltd. | 2.43 |
| TREPS | 2.41 |
Peer Comparison
| Scheme Name | Inception Date | 1Yr Rtn (%) | 3Yrs Rtn (%) | 5Yrs Rtn (%) | 10Yrs Rtn(%) |
|---|---|---|---|---|---|
| ICICI Prudential Innovation Fund Gr | 05-04-2023 | 57.31 | 0.0 | 0.0 | 0.0 |
| HDFC Defence Fund Gr | 05-06-2023 | 80.2 | 0.0 | 0.0 | 0.0 |
| Franklin India Opportunities Gr | 05-02-2000 | 61.05 | 26.51 | 29.19 | 18.1 |
| Mahindra Manulife Business Cycle Fund Reg Gr | 11-09-2023 | 55.58 | 0.0 | 0.0 | 0.0 |
| HSBC Business Cycles Fund Reg Gr | 20-08-2014 | 54.8 | 23.89 | 24.71 | 15.89 |
| Quant Business Cycle Fund Reg Gr | 30-05-2023 | 53.65 | 0.0 | 0.0 | 0.0 |
| Kotak Pioneer Fund Reg Gr | 31-10-2019 | 48.87 | 17.56 | 0.0 | 0.0 |
| Union Innovation & Opportunities Fund Reg Gr | 06-09-2023 | 46.18 | 0.0 | 0.0 | 0.0 |
| ICICI Pru Business Cycle Fund Gr | 05-01-2021 | 45.51 | 22.23 | 0.0 | 0.0 |
| Baroda BNP Paribas Business Cycle Fund Reg Gr | 05-09-2021 | 44.47 | 18.17 | 0.0 | 0.0 |