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ICICI Prudential Innovation Fund
Regular Plan · IDCW · ICICI Prudential Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +1.99% | +3.52% | 226 of 255 |
| 1M | +1.73% | +1.97% | 144 of 255 |
| 3M | -4.69% | -3.45% | 152 of 252 |
| 6M | +3.46% | +2.92% | 94 of 251 |
| YTD | -10.50% | +1.21% | 236 of 255 |
| 1Y | -9.33% | +1.11% | 213 of 232 |
| 2Y | -4.64% | +2.39% | 153 of 187 |
| 3Y | +10.51% | +12.36% | 72 of 142 |
| INCEPTION | +13.89% | — | — |
Ranked among: Equity Scheme - Sectoral/ Thematic.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +3.88% | +22.83% | -21.57% | 70% | 28% |
| 6M | +7.37% | +34.73% | -21.20% | 65% | 26% |
| 1Y | +12.98% | +62.83% | -13.98% | 53% | 21% |
| 2Y | +8.86% | +28.00% | -8.62% | 60% | 25% |
| 3Y | +12.66% | +15.89% | +9.21% | 100% | 45% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity94.80%
- Debt0.66%
- Cash4.54%
- Other0.00%
Market Cap Split
- Large Cap34.39%
- Mid Cap28.53%
- Small Cap31.89%
- Others5.19%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 26.78 | 28.09 |
| P/B | 4.11 | 4.63 |
| Price / Sales | 3.04 | 3.31 |
| Price / Cash Flow | 21.46 | 21.08 |
| Dividend Yield (%) | 0.80 | 1.16 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| ICICI Bank | Banks | 4.73% | -0.24% |
| Eternal | Retailing | 3.97% | +0.13% |
| Axis Bank | Banks | 2.88% | +0.00% |
| Bharti Hexacom | Telecom - Services | 2.72% | -0.06% |
| TREPS | Reverse Repo / TREPS | 2.58% | — |
| Cummins | Industrial Products | 2.38% | +0.14% |
| Sagility | It - Services | 2.29% | -0.51% |
| Maruti Suzuki | Automobiles | 2.25% | -1.39% |
| Swiggy | Retailing | 2.25% | -0.27% |
| Capillary Technologies | It - Software | 2.18% | +0.43% |
| TVS Motors | Automobiles | 2.11% | +0.00% |
| Dr Reddys Laboratories | Pharmaceuticals & Biotechnology | 2.11% | +0.25% |
| Divis Laboratories | Pharmaceuticals & Biotechnology | 1.92% | +0.07% |
| Vijaya Diagnostic Centre | Equity | 1.88% | +0.01% |
| 360 One WAM | Capital Markets | 1.84% | -0.13% |
View all 87 holdings
| MCX | Capital Markets | 1.83% | +0.05% |
| Hexaware Technologies | It - Software | 1.69% | -0.10% |
| Apollo Hospitals | Equity | 1.67% | -0.04% |
| Max Financial Services | Insurance | 1.67% | +0.50% |
| Hindustan Aeronautics | Aerospace & Defense | 1.66% | +0.05% |
| Medplus Health Services | Retailing | 1.66% | +0.06% |
| Blue Star | Consumer Durables | 1.57% | -0.12% |
| Bharti Airtel | Telecom - Services | 1.53% | +0.05% |
| Angel One | Capital Markets | 1.46% | +0.29% |
| Physicswallah | Other Consumer Services | 1.45% | +0.17% |
| Cash Margin - Derivatives | Net Current Assets | 1.42% | — |
| GE Vernova T&D | Electrical Equipment | 1.33% | -0.27% |
| Black Buck | Transport Services | 1.32% | +0.07% |
| Oil India | Oil | 1.28% | -0.02% |
| AIA Engineering | Industrial Products | 1.28% | +0.35% |
| CAMS | Capital Markets | 1.27% | -0.13% |
| Tata Motors Passenger Vehicles | Automobiles | 1.23% | -0.32% |
| Larsen & Toubro | Construction | 1.22% | -0.02% |
| Info Edge | Retailing | 1.20% | -0.43% |
| ZF Commercial | Auto Components | 1.20% | -0.10% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 1.19% | -0.03% |
| Biocon | Pharmaceuticals & Biotechnology | 1.09% | +0.23% |
| RateGain Travel | It - Software | 1.05% | -0.04% |
| LG Electronics | Consumer Durables | 1.00% | +0.35% |
| Indegene | Equity | 0.97% | -0.13% |
| Mphasis | It - Software | 0.96% | -0.66% |
| Hyundai Motor India | Automobiles | 0.94% | -0.02% |
| Cohance Lifesciences | Pharmaceuticals & Biotechnology | 0.87% | -0.32% |
| Bharat Electronics | Aerospace & Defense | 0.86% | — |
| Mahindra & Mahindra | Automobiles | 0.86% | -0.04% |
| NTPC | Power | 0.86% | +0.04% |
| Zensar Technologies | It - Software | 0.85% | -0.03% |
| Devyani International | Leisure Services | 0.85% | -0.01% |
| Firstcry (Brainbees Solutions) | Retailing | 0.84% | +0.46% |
| CG Power & Industrial Solutions | Electrical Equipment | 0.84% | -0.01% |
| Lenskart Solutions | Retailing | 0.83% | +0.08% |
| Coforge | It - Software | 0.81% | -0.35% |
| Amagi Media Labs | It - Services | 0.80% | +0.02% |
| Fortis Healthcare | Equity | 0.79% | -0.08% |
| Dr. Agarwal's Health Care | Equity | 0.76% | -0.01% |
| Hyundai Motor India Ltd. $$ | Automobiles | 0.74% | — |
| Sapphire Foods | Leisure Services | 0.73% | +0.03% |
| Ivalue Infosolutions | It - Hardware | 0.71% | +0.04% |
| Thyrocare Technologies | Equity | 0.71% | -0.04% |
| Safari Industries | Consumer Durables | 0.68% | -0.05% |
| Godrej Consumer Products | Personal Products | 0.68% | -0.56% |
| Max Healthcare Institute | Equity | 0.68% | -0.03% |
| 364T121126 | SOV | 0.66% | +0.04% |
| Torrent Power | Power | 0.64% | — |
| AstraZeneca Pharma | Pharmaceuticals & Biotechnology | 0.62% | -0.04% |
| Ashok Leyland | Agricultural, Commercial & Construction Vehicles | 0.62% | -0.04% |
| Exide Industries | Auto Components | 0.62% | +0.00% |
| Bandhan Bank | Banks | 0.61% | — |
| Oil & Natural Gas Corporation | Oil | 0.61% | +0.02% |
| PB FinTech | Financial Technology (Fintech) | 0.56% | +0.21% |
| Gujarat Fluorochemicals | Chemicals & Petrochemicals | 0.55% | +0.00% |
| Syngene International | Equity | 0.54% | — |
| Net Current Assets | Net Current Assets | 0.54% | — |
| Netweb Technologies | It - Services | 0.53% | -0.04% |
| Emmvee Photovoltaic Power | Electrical Equipment | 0.53% | +0.03% |
| EPL | Industrial Products | 0.52% | — |
| TD Power Systems | Electrical Equipment | 0.43% | +0.03% |
| Manipal Health Enterprises | Equity | 0.40% | -0.41% |
| Aequs | Aerospace & Defense | 0.31% | -0.04% |
| Tenneco Clean Air | Auto Components | 0.30% | -0.06% |
| KSB | Industrial Products | 0.29% | +0.03% |
| Premier Energies | Electrical Equipment | 0.29% | — |
| Aditya Infotech | Industrial Manufacturing | 0.29% | — |
| KEI Industries | Industrial Products | 0.23% | -0.05% |
| Apollo Hospitals Enterprise Ltd. $$ | Derivatives | 0.20% | — |
| Symbiotec Pharmalab | Pharmaceuticals & Biotechnology | 0.08% | — |
| Container Corporation of India | Transport Services | 0.00% | -0.61% |
Sector Allocation · Sep 2026
View all 27 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 15.76 | 16.32 | Low Volatility |
| 3Y | 14.64 | 16.10 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.84 | -0.32 | Below Average |
| 3Y | 0.33 | -0.45 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.68 | 0.19 | Below Average |
| 3Y | 0.98 | 1.14 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Regular Plan · IDCW option
|
+59.64% | +47.37% | — | +23.17% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · IDCW Option
|
+25.51% | +31.04% | — | +30.18% |
|
Kotak Healthcare Fund
Regular Plan · IDCW Option
|
+23.57% | — | — | +20.10% |
|
SBI Automotive Opportunities Fund
Direct Plan · IDCW
|
+22.37% | — | — | +11.34% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+21.28% | +24.36% | +16.89% | +22.00% |
|
ICICI Prudential US Bluechip Equity Fund
Regular Plan · IDCW
|
+20.32% | +18.33% | +12.09% | +15.77% |
|
PGIM India Healthcare Fund
Direct Plan · Direct IDCW
|
+20.03% | — | — | +11.89% |
|
Nippon India Japan Equity Fund
Regular Plan · Bonus Option
|
+18.89% | +19.86% | +8.28% | +8.45% |
|
HDFC Defence Fund
Regular Plan · IDCW Option
|
+18.80% | +34.56% | — | +36.67% |
|
HSBC India Export Opportunities Fund
Direct Plan · Growth
|
+18.74% | — | — | +9.24% |
More From ICICI Prudential Asset Management Company Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund
Direct Plan · IDCW
|
+54.73% | +34.44% | — | +28.69% |
| ICICI PRUDENTIAL SILVER ETF | +26.35% | +36.57% | — | +24.10% |
|
ICICI Prudential Silver ETF FOF
Direct Plan · IDCW
|
+25.48% | +35.58% | — | +24.36% |
|
ICICI Prudential Nifty Pharma Index Fund
Direct Plan · IDCW
|
+22.53% | +22.50% | — | +21.44% |
|
ICICI Prudential Global Stable Equity Fund (FOF)
Direct Plan · Growth
|
+21.49% | +15.76% | +11.03% | +10.51% |
|
ICICI Prudential US Bluechip Equity Fund
Direct Plan · IDCW
|
+21.29% | +19.31% | +13.10% | +16.61% |
| ICICI Prudential Nifty Metal ETF | +19.46% | — | — | +16.41% |
|
ICICI Prudential Gold ETF FOF
Direct Plan · Growth
|
+17.38% | +30.99% | +23.18% | +10.56% |
| ICICI Prudential Gold ETF | +16.94% | +31.16% | +23.37% | +12.02% |
|
ICICI Prudential NASDAQ 100 Index Fund
Direct Plan · Growth
|
+15.77% | +28.57% | +17.30% | +18.04% |
About This Scheme
Investment Objective
The Scheme is an open ended thematic fund. The objective of the Scheme is 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 themes. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Stated Asset Allocation
•Equity & Equity related securities of companies adopting innovation strategies and themes & Overseas Securities adopting innovation strategies and themes = 80% - 100% •Other Equity & Equity related instruments = 0%- 20% •Money market instruments, other liquid instruments^, Units of Overnight funds, Liquid funds and Money Market funds =0% - 20% •InvITs=0%- 10% ^Other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities,Treasury bills, Repo on Government securities and any other instruments as specified by SEBI.
Exit Load
• 1% of applicable Net Asset Value - If the amount sought to be redeemed or switched out within one month from allotment. • Nil - If the amount sought to be redeemed or switched out more than one month from allotment.
Fund Managers
Mr. Vaibhav Dusad
Comanage
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.