ICICI Prudential Innovation Fund · Regular · Growth
NAV
₹18.6600
as of 30 Sept 2026
Expense Ratio
2.18%
AUM
₹7,385 Cr
Lumpsum returns (CAGR)
- 1Y
- +1.74%
- 3Y
- +16.44%
- 5Y
- —
- Since Inception
- +19.98%
SIP returns (XIRR)
- 1Y
- +0.22%
- 3Y
- +7.78%
- 5Y
- —
- Since Inception
- +10.66%
What history actually did — last 3 years (Oct 2023 – Sept 2026)
A ₹5,000 monthly SIP for the last 3 years (Oct 2023 – Sept 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹1,91,527 today — ₹1,75,000 invested, 6.2% XIRR.
₹1,75,000
Invested
₹1,91,527
Value today
6.2%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 3 years (Oct 2023 – Sept 2026)
Real NAV backtest
₹1,00,000 invested 3 years ago would be ₹1,58,809 today (16.7% CAGR).
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 3 years (Oct 2023 – Sept 2026) (3 Jun 2024) would be ₹1,14,059 today (1.14×).
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, annualised0.30
Sharpe Ratio
+0.08
Alpha
0.28
Beta
0.29
Sortino
12.82%
Std Dev
-15.71%
Max Drawdown
Performance Comparison
Sectoral allocation
as of 31 Aug 2026- Retailing11.36%
- Automobiles9.16%
- Healthcare Services8.59%
- IT - Software8.29%
- Banks7.85%
- Pharmaceuticals & Biotechnology7.63%
- Capital Markets6.32%
- Telecom - Services4.27%
- IT - Services4.15%
- Industrial Products3.71%
- Electrical Equipment3.35%
- Consumer Durables3.08%
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.4.97%
- 2Eternal Ltd.3.84%
- 3Maruti Suzuki India Ltd.3.64%
- 4Axis Bank Ltd.2.88%
- 5Sagility India Ltd2.80%
- 6Bharti Hexacom Ltd.2.78%
- 7Swiggy Ltd2.52%
- 8Cummins India Ltd.2.24%
- 9Tvs Motor Company Ltd.2.11%
- 10360 One Wam Ltd.1.97%
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 ₹7,385 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Nifty 500 TRI. The current expense ratio is 2.18%.