ICICI Prudential Innovation Fund
Equity
●
Thematic
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
₹17.70
Expense Ratio
1.82%
Min SIP
₹100
Fund Size
₹6799Cr
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
0.57%
Beta
0.95
Sharpe Ratio
0.299138
Risk
NA
Above numbers are based upon past 3 years
Returns Calculator
Would have become
₹1,49,748.59
(8.26)%
| Name | Holding(%) |
| Name | Sector(%) |
| Name | Assets(%) |
- Quantum ESG Best In Class Strategy Fund
- Franklin India Opportunities Fund
- SBI Equity Minimum Variance Fund
- Axis Business Cycles Fund
- HSBC Business Cycles Fund
- Tata Business Cycle Fund
- Kotak Pioneer Fund
- Aditya Birla Sun Life Manufacturing Equity Fund
- Motilal Oswal Special Opportunities Fund
- HDFC Defence Fund
- Sundaram Business Cycle Fund
- Quant ESG Integration Strategy Fund
- Taurus Ethical Fund
- Motilal Oswal Business Cycle Fund
- Kotak Special Opportunities Fund
- Canara Robeco Manufacturing Fund
- Union Active Momentum Fund
- HSBC India Export Opportunities Fund
- DSP Business Cycle Fund
- UTI-Transportation and Logistics Fund
- LIC MF Manufacturing Fund
- SBI Innovative Opportunities Fund
- Quant Manufacturing Fund
- Kotak Active Momentum Fund
- WhiteOak Capital Quality Equity Fund
- WhiteOak Capital Special Opportunities Fund
- Quant Quantamental Fund
- Aditya Birla Sun Life PSU Equity Fund
- Bandhan Business Cycle Fund
- Quant Commodities Fund
- The Wealth Company Ethical Fund
- ICICI Prudential Quant Fund
- Nippon India Innovation Fund
- Tata India Innovation Fund
- Invesco India Business Cycle Fund
- Aditya Birla Sun Life Conglomerate Fund
- SBI PSU Fund
- Baroda BNP Paribas Innovation Fund
- HDFC Business Cycle Fund
- HDFC Innovation Fund
- Baroda BNP Paribas Business Cycle Fund
- Baroda BNP Paribas Manufacturing Fund
- Aditya Birla Sun Life Quant Fund
- Aditya Birla Sun Life Special Opportunities Fund
- Bandhan Transportation and Logistics Fund
- Invesco India Manufacturing Fund
- Motilal Oswal Manufacturing Fund
- Bank of India Business Cycle Fund
- Union Innovation & Opportunities Fund
- Nippon India Active Momentum Fund
- Motilal Oswal Innovation Opportunities Fund
- Axis Quant Fund
- Axis Innovation Fund
- Sundaram Multi-Factor Fund
- SBI Quality Fund
- Motilal Oswal Active Momentum Fund
- SBI Quant Fund
- ICICI Prudential Housing Opportunities Fund
- ICICI Prudential PSU Equity Fund
- Invesco India PSU Equity Fund
- Quant Business Cycle Fund
- Aditya Birla Sun Life Transportation and Logistics Fund
- Shriram Multi Sector Rotation Fund
- Bandhan Innovation Fund
- Motilal Oswal Quant Fund
- Axis Momentum Fund
- ICICI Prudential Conglomerate Fund
- SBI ESG Exclusionary Strategy Fund
- ICICI Prudential Manufacturing Fund
- Baroda BNP Paribas ESG Best-in-class strategy Fund
- HDFC Manufacturing Fund
- Mahindra Manulife Innovation Opportunities Fund
- ICICI Prudential Active Momentum Fund
- Quantum Ethical Fund
- ICICI Prudential Commodities Fund
- Kotak Rural Opportunities Fund
- Invesco India ESG Integration Strategy Fund
- WhiteOak Capital ESG Best-In-Class Strategy Fund
- ITI Business Cycle Fund
- Bandhan Multi-Factor Fund
- Franklin India Multi-Factor Fund
- ICICI Prudential Quality Fund
- ICICI Prudential Equity Minimum Variance Fund
- ICICI Prudential Rural Opportunities Fund
- Nippon India Quant Fund
- Tata Ethical Fund
- Baroda BNP Paribas Business Conglomerates Fund
- UTI Innovation Fund
- Kotak ESG Exclusionary Strategy Fund
- HDFC Housing Opportunities Fund
- Edelweiss Recently Listed IPO Fund
- Edelweiss Business Cycle Fund
- ICICI Prudential Business Cycle Fund
- HDFC Consumption Fund
- Union Business Cycle Fund
- Kotak Manufacture in India Fund
- ICICI Prudential Transportation and Logistics Fund
- 360 ONE Quant Fund
- ICICI Prudential ESG Exclusionary Strategy Fund
- HDFC Transportation and Logistics Fund
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 ₹6799.20 Cr as on 4/8/2026. The scheme has delivered CAGR returns for the past 3 years against a category average of 18.35%. The risk is Very High against the category average of 65.78.
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%.
Ans. There is no lock-in period applicable on ICICI Prudential Innovation Fund.
Ans. The expense ratio of ICICI Prudential Innovation Fund is 1.8%.