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I
ICICI Prudential Innovation Fund
EquityThematic
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Fund Details
- Expense Ratio: A charge to the mutual fund for handling your investments. It's a percentage of the fund's assets used for various expenses like administration and management.
- Exit Load : A fee paid to a mutual fund for leaving the investment early before a set period
- Lock In : Withdrawals are not allowed for this period
Current NAV
NA
Total Expense Ratio
1.24%
Base Expense Ratio
NA
Min SIP
₹100
Fund Size
₹7549Cr
Min Investment
₹5.00K
Lock In
NA
Scheme Information Document
Exit load: 1% on or before 12M, Nil after 12M
Fund Performance
- Alpha: Excess returns relative to market benchmark,
- Beta : Volatility of the scheme relative to its market benchmark
- Sharpe Ratio : Risk-adjusted returns
- Risk : Volatility of the fund
Alpha
NA
Beta
0.94
Sharpe Ratio
0.264396
Risk
NA
Above numbers are based upon past 3 years
Returns Calculator
Would have become
₹1,49,748.59
(0.16)%
| Name | Holding(%) |
| Name | Sector(%) |
| Name | Assets(%) |
- Baroda BNP Paribas Business Cycle Fund
- JioBlackRock Sector Rotation Fund
- UTI-Transportation and Logistics Fund
- HDFC Defence Fund
- Shriram Multi Sector Rotation Fund
- Franklin India Opportunities Fund
- SBI ESG Exclusionary Strategy Fund
- Aditya Birla Sun Life Conglomerate Fund
- Invesco India PSU Equity Fund
- Kotak Pioneer Fund
- DSP Business Cycle Fund
- ICICI Prudential Business Cycle Fund
- ICICI Prudential Transportation and Logistics Fund
- Axis Quant Fund
- Franklin India Multi-Factor Fund
- Bank of India Business Cycle Fund
- Baroda BNP Paribas Manufacturing Fund
- Axis Innovation Fund
- ICICI Prudential Housing Opportunities Fund
- LIC MF Manufacturing Fund
- Quant Business Cycle Fund
- SBI Quant Fund
- ICICI Prudential Conglomerate Fund
- Canara Robeco Manufacturing Fund
- Axis Momentum Fund
- Kotak Active Momentum Fund
- ITI Business Cycle Fund
- Motilal Oswal Special Opportunities Fund
- Tata Ethical Fund
- Sundaram Business Cycle Fund
- Quantum ESG Best In Class Strategy Fund
- Kotak ESG Exclusionary Strategy Fund
- HDFC Housing Opportunities Fund
- Baroda BNP Paribas ESG Best-in-class strategy Fund
- ICICI Prudential PSU Equity Fund
- HDFC Business Cycle Fund
- Invesco India Manufacturing Fund
- Axis Business Cycles Fund
- Baroda BNP Paribas Business Conglomerates Fund
- Quant Quantamental Fund
- Invesco India ESG Integration Strategy Fund
- Tata Business Cycle Fund
- SBI Equity Minimum Variance Fund
- Aditya Birla Sun Life Transportation and Logistics Fund
- Nippon India Active Momentum Fund
- WhiteOak Capital ESG Best-In-Class Strategy Fund
- Quant Manufacturing Fund
- HSBC India Export Opportunities Fund
- Invesco India Business Cycle Fund
- Quant Commodities Fund
- Nippon India Innovation Fund
- ICICI Prudential Quality Fund
- Edelweiss Business Cycle Fund
- HDFC Manufacturing Fund
- Quantum Ethical Fund
- ICICI Prudential Commodities Fund
- Bandhan Business Cycle Fund
- ICICI Prudential ESG Exclusionary Strategy Fund
- ICICI Prudential Manufacturing Fund
- NJ Momentum Fund
- Motilal Oswal Manufacturing Fund
- Mahindra Manulife Innovation Opportunities Fund
- 360 ONE Quant Fund
- Union Business Cycle Fund
- WhiteOak Capital Special Opportunities Fund
- SBI Quality Fund
- ICICI Prudential Active Momentum Fund
- Aditya Birla Sun Life Manufacturing Equity Fund
- Motilal Oswal Quant Fund
- Kotak Transportation & Logistics Fund
- ICICI Prudential Quant Fund
- Quant ESG Integration Strategy Fund
- Bandhan Transportation and Logistics Fund
- Baroda BNP Paribas Innovation Fund
- Aditya Birla Sun Life Quant Fund
- Bandhan Innovation Fund
- Aditya Birla Sun Life Business Cycle Fund
- Mahindra Manulife Manufacturing Fund
- Motilal Oswal Active Momentum Fund
- ICICI Prudential Rural Opportunities Fund
- Motilal Oswal Innovation Opportunities Fund
- Tata India Innovation Fund
- The Wealth Company Ethical Fund
- WhiteOak Capital Quality Equity Fund
- Taurus Ethical Fund
- Kotak Special Opportunities Fund
- Kotak Rural Opportunities Fund
- HDFC Consumption Fund
- HDFC Transportation and Logistics Fund
- SBI PSU Fund
- SBI Innovative Opportunities Fund
- Nippon India Quant Fund
- Motilal Oswal Quality Fund
- Union Innovation & Opportunities Fund
- ICICI Prudential Equity Minimum Variance Fund
- HDFC Innovation Fund
- UTI Innovation Fund
- Bandhan Multi-Factor Fund
- Aditya Birla Sun Life Special Opportunities Fund
- Edelweiss Recently Listed IPO Fund
V
Vaibhav Dusad
ICICI Prudential Mutual FundTotal assets under management
₹908.28L Crores
Date of incorporation
22 Jun 1993
ICICI Prudential Innovation Fund
Ans.
- Open the Rupeezy app.
- If you're on the Stocks or F&O screen, switch to the Mutual Funds section.
- Tap on Explore to browse available mutual fund schemes.
- Select the ICICI Prudential Innovation Fund (or any fund you want to invest in).
- Choose your investment mode: Lumpsum or SIP.
- Enter the investment amount.
- Complete the payment using UPI, Net Banking, or other available options.
Ans. The ICICI Prudential Innovation Fund has an AUM of ₹7549.12 Cr as on 10/9/2026. The scheme has delivered CAGR returns for the past 3 years against a category average of 12.70%. The risk is Very High against the category average of 43.14.
Ans. Mutual fund taxation depends on the scheme type and investment holding period.
Taxation on equity funds: For equity funds (funds that invest at least 65% of the corpus in Indian stocks), if the holding period is more than 12 months, LTCG (Long Term Capital Gains) tax is applicable. For units sold within 12 months of purchase, STCG (Short Term Capital Gains) Tax is applicable.
LTCG tax on equity-oriented schemes is 12.5% on capital gains over ₹1.25 lakh (as per the latest update in Budget 2024).
STCG tax applicable on the sale of units of equity-oriented mutual fund schemes is 20%.
Taxation on equity funds: For equity funds (funds that invest at least 65% of the corpus in Indian stocks), if the holding period is more than 12 months, LTCG (Long Term Capital Gains) tax is applicable. For units sold within 12 months of purchase, STCG (Short Term Capital Gains) Tax is applicable.
LTCG tax on equity-oriented schemes is 12.5% on capital gains over ₹1.25 lakh (as per the latest update in Budget 2024).
STCG tax applicable on the sale of units of equity-oriented mutual fund schemes is 20%.
Ans. There is no lock-in period applicable on ICICI Prudential Innovation Fund.
Ans. The expense ratio of ICICI Prudential Innovation Fund is 1.24%.