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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹100 & Lump. ₹5000

AUM (Fund size)

₹6,799 Cr

Lock In Period

N/A

Expense Ratio

1.82

Benchmark

NIfty 500 Total Return

Exit Load

If redeemed or switched out within 1 month from the date of allotment : 1% If redeemed or switched out more than 1 month from the date of allotment : Nil

Summary

Latest details for ICICI Prudential Innovation Fund Growth include a ₹18.42 NAV as of Apr 21,2026 and returns since inception of --%. Minimum investments start at SIP ₹100. The ICICI Prudential Innovation Fund Growth AUM is ₹6,799 Cr, with a lock-in of N/A years, expense ratio of 1.82%, and benchmark NIfty 500 Total Return. Exit load is - If redeemed or switched out within 1 month from the date of allotment : 1% If redeemed or switched out more than 1 month from the date of allotment : Nil. In the growth review for 1M Month/Year, the fund recorded 8.16% returns, against a category average of 1.33% and a category best of 23.39%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M8.161.3323.39
6M-3.661.7895.07
1Y7.225.76265.59
3Y0.0014.02335.86

Portfolio Analysis

  • Equity: 95.59%
  • Debt: 4.43%
  • Others
As on: 2026-03-31
View allocation % by

1. Mankind Pharma Ltd.2.75%
2. Divi's Laboratories Ltd.1.56%
3. Biocon Ltd.1.46%
4. Dr. Reddy's Laboratories Ltd.1.46%
5. Sun Pharmaceutical Industries Ltd.1.41%
6. Cohance Lifesciences Ltd.0.93%

1. Mphasis Ltd.2.67%
2. COFORGE Ltd.2.27%
3. Hexaware Technologies Ltd.1.36%
4. Zensar Technologies Ltd.1.31%
5. Capillary Technologies India Ltd.0.85%
6. Ivalue Infosolutions Ltd.0.85%

1. ICICI Bank Ltd.4.86%
2. Axis Bank Ltd.3.03%

1. Computer Age Management Services Ltd.3.14%
2. 360 One Wam Ltd.2.97%

1. Vijaya Diagnostic Centre Ltd.1.72%
2. MAX Healthcare Institute Ltd1.64%
3. Apollo Hospitals Enterprise Ltd.1.58%
4. Thyrocare Technologies Ltd.0.93%

1. Eternal Ltd.2.38%
2. Swiggy Ltd2.19%
3. Brainbees Solutions Ltd.1.04%

1. Maruti Suzuki India Ltd.4.46%

1. Supreme Industries Ltd.3.48%

1. Bharti Airtel Ltd.2.49%
2. Bharti Hexacom Ltd.0.93%

1. Info Edge (India) Ltd.2.01%
2. Indiamart Intermesh Ltd.1.14%

1. NTPC Ltd.2.74%

1. ZF Commercial Vehicle Control Systems India Ltd2.51%

1. Tata Motors Passenger Vehicles Ltd.2.42%

1. Blue Star Ltd.2.40%

1. Sagility India Ltd2.25%

1. Hindustan Aeronautics Ltd.2.20%

1. Pidilite Industries Ltd.2.15%

1. TVS Motor Company Ltd.2.04%

1. Godrej Consumer Products Ltd.1.92%

1. HDFC Life Insurance Company Ltd.1.79%

1. Brigade Enterprises Ltd.1.56%

1. Larsen & Toubro Ltd.1.52%

1. Triveni Turbine Ltd.0.97%
2. TD Power Systems Ltd.0.51%

1. LG Electronics Inc1.39%

1. Emmvee Photovoltaic Power Ltd.1.37%

1. Oil India Ltd.0.83%
2. Oil & Natural Gas Corporation Ltd.0.44%

1. KEI Industries Ltd.1.23%

1. Aditya Vision Ltd1.02%

About Fund

ICICI Prudential Innovation Fund Growth managed by ICICI Prudential Mutual Fund,is a Equity - Sector Fundscheme with Assets Under Management of ₹6,799 Crore. The fund benchmarks its performance against the NIfty 500 Total Return while maintaining an expense ratio of 1.82. Under the expert guidance of Vaibhav Dusad ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Vaibhav Dusad

Mr. Vaibhav Dusad has done B.Tech, M.Tech and MBA. Prior to joining ICICI Prudential AMC Ltd, he has worked with Morgan Stanley, HSBC Global Banking and Markets, CRISIL, Zinnov Mangement Consulting and Citibank Singapore.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundITI Business Cycle Fund Growth092.78 CR2.34
This FundGroww Banking & Financial Services Fund Growth057.75 CR2.35
This FundICICI Prudential Innovation Fund Growth06799.2 CR1.82
This FundICICI Prudential PSU Equity Fund Growth01798.21 CR2.1
This FundNippon India Taiwan Equity Fund Growth3599.16 CR2.36
Fund Name1Y3Y
This FundITI Business Cycle Fund Growth00
This FundGroww Banking & Financial Services Fund Growth11.44430
This FundICICI Prudential Innovation Fund Growth7.21770
This FundICICI Prudential PSU Equity Fund Growth10.7949112.0188
This FundNippon India Taiwan Equity Fund Growth260.5585318.1066

FAQs

ICICI Prudential Innovation Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of ICICI Prudential Innovation Fund Growth is 1.82. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

ICICI Prudential Innovation Fund Growth’s fund performance is as follows:
  • 1 Month : 8.16%
  • 6 Months : -3.66%
  • 1 Year : 7.22%
  • 3 Years : 0.00%
Returns of ICICI Prudential Innovation Fund Growth are updated daily based on NAV of ₹ 18.42 as on Apr 21,2026. Since inception, the return has been 0.00%.

You can invest in ICICI Prudential Innovation Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of ICICI Prudential Innovation Fund Growth is ₹6,799 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in ICICI Prudential Innovation Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500