ICICI Prudential Innovation Fund Direct Growth
3Y Annualised
20.90%
0.15% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
3.11%
0.15% 1D
Benchmark
N/A
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
3 years 8 months
8 years
9 years 7 months
Fund info
Fund size
₹7609.11 Cr
Min. SIP amount
₹100
Min. Lumpsum amount
₹5000
Exit load
0%
NIL – If the amount sought to be redeemed or switched out is invested for a period of more than one month from the date of allotment.
Risk Profile
Very High Risk
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
SBI Automotive Opportunities Fund Direct Payout Inc Dist cum Cap Wdrl
2nd
SBI Automotive Opportunities Fund Direct Reinvestment Inc Dist cum Cap Wdrl
3rd
SBI Automotive Opportunities Fund Direct Growth
4th
SBI Automotive Opportunities Fund Regular Growth
5th
SBI Automotive Opportunities Fund Regular Reinvestment Inc Dist cum Cap Wdrl
351st
ICICI Prudential Innovation Fund Direct Growth
Fund Managers
About ICICI Prudential Innovation Fund Direct Growth
ICICI Prudential Innovation Fund Direct Growth is a Equity mutual fund scheme from ICICI Prudential Asset Management Co Ltd. This fund has been in existence for 3 years, having been launched on 2023-05-02. ICICI Prudential Innovation Fund Direct Growth has ₹7609.11 Cr worth of assets under management (AUM) as of Tue Aug 25 2026. The latest Net Asset Value (NAV) of ICICI Prudential Innovation Fund Direct Growth as of Mon Aug 10 2026 is ₹20.55. The fund has an expense ratio of 0.67%, which is medium comparable to most other Equity funds.
ICICI Prudential Innovation Fund Direct Growth returns for the last 1 year are 11.62%. Since launch, it has delivered 24.45% average annual returns.
The ICICI Prudential Innovation Fund Direct Growth has the majority of its money invested in Consumer Cyclical, Financial Services, Technology, Communication Services, Healthcare sectors.
Top 5 Holdings of ICICI Prudential Innovation Fund Direct Growth.
- Maruti Suzuki India Ltd: 5.20%
- ICICI Bank Ltd: 4.95%
- Axis Bank Ltd: 3.14%
- Computer Age Management Services Ltd Ordinary Shares: 2.72%
- TVS Motor Co Ltd: 2.65%
AMC Information
| Name | ICICI Prudential Asset Management Co Ltd |
|---|---|
| Founding Date | 2023-05-02 |
| Phone | +91 22 26428000 |
| Website | www.icicipruamc.com |
| Address | ICICI Prudential Mutual Fund Tower, Vakola,Santacruz East,,Mumbai - 400055,India |
Tax Implications of ICICI Prudential Innovation Fund Direct Growth
| Short Term Gains | 20% + applicable Surcharge + 4% Cess |
|---|---|
| Long Term Gains | 12.5% without indexation + applicable Surcharge + 4% Cess |
Similar Funds from ICICI Prudential Asset Management Co Ltd
Fixed IncomeCorporate Bond
3Y CAGR
7.73%
expense ratio
0.50%
fund size
₹30030.30 Cr
EquityLarge-Cap
3Y CAGR
7.36%
expense ratio
0.02%
fund size
₹30689.86 Cr
Fixed IncomeCorporate Bond
3Y CAGR
7.52%
expense ratio
0.50%
fund size
₹30030.30 Cr
Fixed IncomeFloating Rate
3Y CAGR
7.45%
expense ratio
0.74%
fund size
₹8010.67 Cr
Fixed IncomeFloating Rate
3Y CAGR
6.83%
expense ratio
0.74%
fund size
₹8010.67 Cr
Calculate Your Returns
Estimated Returns in 3 Years (Based on past 3Y returns)
₹0
Total Amount
₹0
