ICICI Prudential Equity Minimum Variance Fund
NAV
₹10.8
as of 21 Aug 2026
ICICI Prudential Equity Minimum Variance Fund is an open-ended Sectoral/ Thematic scheme from ICICI Prudential Mutual Fund managing ₹2,836 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹10.8 as of 21 Aug 2026. The expense ratio is 0.73% a year. Managed by Nitya Mishra. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.73% / yr
- as of 30 Jun 2026
- Fund size
- ₹2,836 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 6 Dec 2024
- ISIN
- INF109KC10Y6
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: Nifty 50 TRI
ICICI Prudential Equity Minimum Variance Fund
₹108
+8% on ₹100 over 1.7 yrs
Sectoral/ Thematic average
₹95
−5% on ₹100 over 1.7 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 1.60% | – | – |
| 6 months | -3.32% | – | – |
| 1 year | 0.84% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -0.6%
- Median
- 6.1%
- Best
- 16.7%
9 windows over the last 20 months, stepped monthly; 89% ended positive. Worst window began 1 Jul 2025. Windows overlap — this is the range of past start dates, not a probability of anything.
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Right now
-4.9% below peak
Where the money actually is
Equity
97.6%
Cash
2.4%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
44 positions · top 10 = 57.8%
Market-cap mix
Large 93.3%Mid 1.1%Other 5.6%
as of 31 Jul 2026
Holdings by sector
Financial Services(5 in top 10)37.9%
- Axis Bank Ltd8.02%
- Kotak Mahindra Bank Ltd6.92%
- HDFC Bank Ltd6.59%
- State Bank of India6.52%
- ICICI Bank Ltd3.52%
Consumer Defensive(1 in top 10)13.2%
- ITC Ltd4.03%
Basic Materials(1 in top 10)11.4%
- Asian Paints Ltd3.40%
Energy(1 in top 10)11.1%
- Reliance Industries Ltd9.91%
- Consumer Cyclical6.5%
Industrials(1 in top 10)5.6%
- Larsen & Toubro Ltd5.56%
- Healthcare4.3%
- Utilities3.2%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 16.4% a year.
Other top holdings
- Treps4.63%
The businesses it owns
- P/E (trailing)
- 20.4
- P/B
- 2.7
- Dividend yield
- 1.4%
- Net margin
- 18.7%
- Earnings growth
- 14.6%
- Avg market cap
- ₹4.54 lakh crore
Money in, money out
- Net flow, 12 months
- −₹908 cr
- Net flow, 3 months
- −₹206 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of ICICI Prudential Equity Minimum Variance Fund?
- ₹10.8 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of ICICI Prudential Equity Minimum Variance Fund?
- 0.73% a year for the Direct plan, as of 30 Jun 2026.
- How large is ICICI Prudential Equity Minimum Variance Fund?
- ₹2,836 crore under management as of 31 Jul 2026, in the Sectoral/ Thematic category.
- How risky is ICICI Prudential Equity Minimum Variance Fund?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- Who manages ICICI Prudential Equity Minimum Variance Fund?
- Nitya Mishra, managing this fund for 1.6 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,299 crore
- ICICI Prudential Business Cycle Fund₹16,123 crore
- ICICI Prudential Technology Fund₹13,540 crore
- ICICI Prudential Banking & Financial Services Fund₹11,229 crore
- Kotak Manufacture in India Fund₹2,951 crore
- HDFC Pharma and Healthcare Fund₹2,940 crore
- Tata India Consumer Fund₹2,815 crore
- Axis Consumption Fund₹2,772 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty 50 TRI) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.