Submit

ICICI Prudential Innovation Fund - Growth

Back to Mutual Funds Research Page
Category: Equity: Thematic-Others
Launch Date: 05-04-2023
Asset Class:
Benchmark: NIFTY 500 TRI
Expense Ratio: 1.85% As on (31-03-2025)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 6,298.4 Cr As on (31-03-2025)
Turn over: 91
NAV as on 28-04-2025

17.35

0.2 (1.1527%)

CAGR Since Inception

31.61%

NIFTY 500 TRI 12.43%

PERFORMANCE of ICICI Prudential Innovation Fund - Growth

Scheme Performance (%) Data as on - 29-04-2025

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
ICICI Prudential Innovation Fund - Growth 12.59 - - - 31.61
NIFTY 500 TRI 6.37 15.5 24.41 13.8 12.43
Equity: Thematic-Others 4.87 16.85 26.91 13.4 9.3

Yearly Performance (%)

Nav Movement

Fund Managers

Anish Tawakley, Vaibhav Dusad, Sharmila D'mello

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.

RETURNS CALCULATOR for ICICI Prudential Innovation Fund - Growth

Growth of 10000 In SIP (Fund vs Benchmark)

Amount :
Period :
Start :
End :

Growth of 10000 In LUMPSUM (Fund vs Benchmark)

Amount :
Start :

Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Riskometer

Key Performance and Risk Statistics of ICICI Prudential Innovation Fund - Growth

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
ICICI Prudential Innovation Fund - Growth
Equity: Thematic-Others - - - - - -

PEER COMPARISION of ICICI Prudential Innovation Fund - Growth

Compare SIP Compare Lumpsum
Period
Data as on - 29-04-2025
Scheme Name Launch
Date		 1-Year
Ret (%)		 2-Yrs
Ret (%)		 3-Yrs
Ret (%)		 5-Yrs
Ret (%)		 10-Yrs
Ret (%)
ICICI Prudential Innovation Fund - Growth 05-04-2023 12.59 0.0 0.0 0.0 0.0
Sundaram Services Fund Regular Plan - Growth 21-09-2018 14.91 24.01 17.13 27.77 0.0
ICICI Prudential Exports & Services Fund - Growth 01-11-2005 13.6 26.98 20.13 28.06 14.11
HDFC Defence Fund - Growth Option 02-06-2023 13.38 0.0 0.0 0.0 0.0
ICICI Prudential India Opportunities Fund - Cumulative Option 05-01-2019 13.25 30.41 23.72 34.07 0.0
Kotak Business Cycle Fund-Regular Plan-Growth 05-09-2022 11.65 22.48 0.0 0.0 0.0
Union Innovation & Opportunities Fund - Regular Plan - Growth Option 06-09-2023 10.07 0.0 0.0 0.0 0.0
Kotak Pioneer Fund- Regular Plan- Growth Option 31-10-2019 9.97 25.77 17.62 27.47 0.0
ICICI Prudential Business Cycle Fund Growth 05-01-2021 9.34 28.2 21.02 0.0 0.0
Franklin India Opportunities Fund - Growth 05-02-2000 9.11 38.6 29.73 32.07 15.57

PORTFOLIO ANALYSIS of ICICI Prudential Innovation Fund - Growth

Asset Allocation (%)