ICICI Prudential Innovation Fund · Regular · Growth
NAV
₹19.4500
as of 31 Jul 2026
Expense Ratio
1.80%
AUM
₹7,370 Cr
Lumpsum returns (CAGR)
- 1Y
- +6.81%
- 3Y
- +18.73%
- 5Y
- —
- Since Inception
- +22.65%
SIP returns (XIRR)
- 1Y
- +9.76%
- 3Y
- +12.77%
- 5Y
- —
- Since Inception
- +14.44%
What history actually did — last 3 years (Aug 2023 – Jul 2026)
A ₹5,000 monthly SIP for the last 3 years (Aug 2023 – Jul 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹2,06,011 today — ₹1,75,000 invested, 11.4% XIRR.
₹1,75,000
Invested
₹2,06,011
Value today
11.4%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 3 years (Aug 2023 – Jul 2026)
Real NAV backtest
₹1,00,000 invested 3 years ago would be ₹1,68,690 today (19.1% CAGR).
Fund vs Benchmark (TRI)
Same SIP, benchmark total-return index
The same SIP would be worth ₹2,06,011 in this fund vs ₹1,93,253 in the benchmark — outperformance of ₹12,758.
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 3 years (Aug 2023 – Jul 2026) (3 Jun 2024) would be ₹1,18,888 today (1.19×).
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, annualised0.20
Sharpe Ratio
+0.04
Alpha
0.28
Beta
0.19
Sortino
13.27%
Std Dev
-15.71%
Max Drawdown
Performance Comparison
Sectoral allocation
as of 30 Jun 2026- Automobiles10.83%
- Pharmaceuticals & Biotechnology9.76%
- Retailing9.70%
- IT - Software9.00%
- Banks8.09%
- Capital Markets6.85%
- Healthcare Services6.02%
- Industrial Products4.16%
- Telecom - Services4.14%
- IT - Services3.45%
- Consumer Durables3.35%
- Electrical Equipment3.01%
Each sector links to the mutual funds most exposed to it.
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Fund Details
Available transactions
Portfolio holdings
portfolio shared with ICICI Prudential Innovation Fund - Direct Plan - IDCW
- 1Maruti Suzuki India Ltd.5.20%
- 2Icici Bank Ltd.4.95%
- 3Axis Bank Ltd.3.14%
- 4Computer Age Management Services Ltd.2.72%
- 5Tvs Motor Company Ltd.2.65%
- 6Eternal Ltd.2.63%
- 7Bharti Hexacom Ltd.2.54%
- 8360 One Wam Ltd.2.52%
- 9Sagility India Ltd2.51%
- 10Dr. Reddy'S Laboratories Ltd.2.30%
Investment Objective
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 ₹7,370 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 1.80%.
Who Should Invest?
- •Investors with a high risk appetite seeking long-term wealth creation
- •Investors with an investment horizon of 5 years or more
- •SIP investors who can benefit from rupee cost averaging during market fluctuations