ICICI Prudential Innovation Fund-Growth
Mid CapEquity: Thematic-InnovationVery High Risk
PaisaSmart ratingNot rated yet
Why this rating
This fund is not currently rated by our system. However, we continuously review and update our ratings, so it may be included in the future.
Our score weighs long-term performance, risk and consistency — not just past returns.
Returns
As of 7 Oct 2026
1W
+0.64%
1M
-3.64%
3M
-2.03%
6M
+10.60%
9M
-4.18%
1Y
+0.27%
2Y
+2.14%
3Y
+16.89%
Since launch
+20.06%
Risk ratios
As of 30 Sep 2026
Standard deviation
15.56
Sharpe ratio
0.70
Sortino ratio
0.92
Beta
0.95
Alpha
6.66
R-squared
0.92
Treynor ratio
11.38
Information ratio
1.50
Mean
16.50
Portfolio
As of 31 Aug 2026
Market-cap split
Large cap37.36%Mid cap30.50%Small cap32.14%
P/E
25.69
P/B
4.25
Style
Growth
Sector allocation
Services19.87%
Healthcare17.83%
Financial12.86%
Automobile11.51%
Technology10.66%
Capital Goods8.72%
Communication4.27%
Consumer Discretionary4.21%
Holdings (79)
| Holding | % of fund | Value | Shares |
|---|---|---|---|
| ICICI Bank Ltd. | 4.97% | ₹398.03 Cr | 27,37,499 |
| Eternal Ltd. | 3.84% | ₹307.64 Cr | 93,76,478 |
| Maruti Suzuki India Ltd. | 3.63% | ₹291.29 Cr | 2,15,022 |
| Axis Bank Ltd. | 2.88% | ₹230.74 Cr | 17,74,951 |
| Sagility Ltd. | 2.80% | ₹224.49 Cr | 4,77,13,137 |
| Bharti Hexacom Ltd. | 2.78% | ₹223.1 Cr | 14,43,535 |
| Swiggy Ltd. | 2.52% | ₹201.55 Cr | 71,49,555 |
| Cummins India Ltd. | 2.24% | ₹179.23 Cr | 3,51,096 |
| TVS Motor Company Ltd. | 2.10% | ₹168.69 Cr | 3,88,572 |
| 360 One Wam Ltd. | 1.97% | ₹158.12 Cr | 13,45,661 |
Fund details
In brief
Long term wealth creation. An equity scheme that invests in stocks adopting innovation strategies or themes.
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.
Exit load
Exit load of 1%, if redeemed within 1 month.
Fund type
Open-ended
Min lumpsum
₹5,000
Min withdrawal
₹1
Lock-in
None
SIP
Available
SWP
Available
STP
Available
Purchase cut-off
15:00