ICICI Prudential Innovation Fund · Regular · Growth
NAV
₹19.4600
as of 13 Nov 2026
Expense Ratio
2.18%
AUM
₹7,836 Cr
Lumpsum returns (CAGR)
- 1Y
- +1.14%
- 3Y
- +17.62%
- 5Y
- —
- Since Inception
- +20.66%
SIP returns (XIRR)
- 1Y
- +8.37%
- 3Y
- +8.95%
- 5Y
- —
- Since Inception
- +12.39%
What history actually did — last 3 years (Nov 2023 – Nov 2026)
A ₹5,000 monthly SIP for the last 3 years (Nov 2023 – Nov 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹2,01,844 today — ₹1,80,000 invested, 7.9% XIRR.
₹1,80,000
Invested
₹2,01,844
Value today
7.9%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 3 years (Nov 2023 – Nov 2026)
Real NAV backtest
₹1,00,000 invested 3 years ago would be ₹1,62,709 today (17.6% CAGR).
Fund vs Benchmark (TRI)
Same SIP, benchmark total-return index
The same SIP would be worth ₹2,01,844 in this fund vs ₹1,95,242 in the benchmark — outperformance of ₹6,602.
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 3 years (Nov 2023 – Nov 2026) (4 Jun 2024) would be ₹1,24,664 today (1.25×).
Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.
Risk Metrics
Trailing 1 year, annualised0.04
Sharpe Ratio
+0.02
Alpha
0.86
Beta
0.04
Sortino
12.31%
Std Dev
-15.71%
Max Drawdown
Performance Comparison
Sectoral allocation
as of 30 Sept 2026- Retailing10.75%
- Healthcare Services8.38%
- Banks8.23%
- Pharmaceuticals & Biotechnology7.89%
- IT - Software7.55%
- Automobiles7.39%
- Capital Markets6.40%
- Industrial Products4.71%
- Telecom - Services4.25%
- IT - Services3.62%
- Electrical Equipment3.40%
- Consumer Durables3.25%
Each sector links to the mutual funds most exposed to it.
Related reading
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Fund Details
Available transactions
Portfolio holdings
- 1Icici Bank Ltd.4.73%
- 2Eternal Ltd.3.97%
- 3Axis Bank Ltd.2.88%
- 4Bharti Hexacom Ltd.2.72%
- 5Cummins India Ltd.2.38%
- 6Sagility India Ltd2.29%
- 7Maruti Suzuki India Ltd.2.25%
- 8Swiggy Ltd2.25%
- 9Capillary Technologies India Ltd.2.18%
- 10Tvs Motor Company Ltd.2.11%
What this fund does
ICICI Prudential Innovation Fund · Regular · Growth invests in stocks from a specific sector or theme, offering concentrated exposure to a particular area of the economy. These funds carry sector-specific risks but can deliver significant returns when the underlying sector performs well.
About This Fund
ICICI Prudential Innovation Fund · Regular · Growth is a Sectoral / Thematic mutual fund offered by ICICI Prudential Mutual Fund. The fund has been operational for over 3 years. It manages assets worth ₹7,836 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Nifty 500 TRI. The current expense ratio is 2.18%.