ICICI Prudential Equity Minimum Variance Fund
NAV
₹10.34
as of 6 Oct 2026
ICICI Prudential Equity Minimum Variance Fund is an open-ended Sectoral/ Thematic scheme from ICICI Prudential Mutual Fund managing ₹2,672 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹10.34 as of 6 Oct 2026. The expense ratio is 1.86% a year. Managed by Nitya Mishra. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.86% / yr
- as of 31 Aug 2026
- Fund size
- ₹2,672 crore
- as of 31 Aug 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 5 Oct 2026Benchmark: Nifty 50 TRI
ICICI Prudential Equity Minimum Variance Fund
₹102
+2% on ₹100 over 1.8 yrs
Sectoral/ Thematic average
₹89
−11% on ₹100 over 1.8 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -5.65% | – | – |
| 6 months | -2.67% | – | – |
| 1 year | -4.86% | – | – |
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
- -4.3%
- Median
- 3.0%
- Best
- 16.7%
11 windows over the last 22 months, stepped monthly; 82% ended positive. Worst window began 1 Oct 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
-10.2% below peak
Where the money actually is
Equity
96.1%
Cash
3.9%
Whole-portfolio split, as of 31 Aug 2026.
What it owns
43 positions · top 10 = 63.0%
Market-cap mix
Large 89.1%Mid 3.2%Other 7.7%
as of 31 Aug 2026
Holdings by sector
Financial Services(4 in top 10)44.7%
- Axis Bank Ltd9.24%
- Kotak Mahindra Bank Ltd8.95%
- State Bank of India7.14%
- HDFC Bank Ltd6.63%
Consumer Defensive(2 in top 10)14.3%
- ITC Ltd4.30%
- Hindustan Unilever Ltd4.16%
Energy(1 in top 10)10.7%
- Reliance Industries Ltd9.56%
Basic Materials(1 in top 10)7.5%
- Asian Paints Ltd4.17%
Industrials(1 in top 10)5.8%
- Larsen & Toubro Ltd5.08%
- Utilities3.8%
- Consumer Cyclical2.5%
- Healthcare1.7%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026. Portfolio turnover 16.4% a year.
Other top holdings
- Treps8.25%
The businesses it owns
- P/E (trailing)
- 19.1
- P/B
- 2.5
- Dividend yield
- 1.7%
- Net margin
- 18.9%
- Earnings growth
- 12.1%
- Avg market cap
- ₹4.36 lakh crore
Money in, money out
- Net flow, 12 months
- −₹1,040 cr
- Net flow, 3 months
- −₹304 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of ICICI Prudential Equity Minimum Variance Fund?
- ₹10.34 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of ICICI Prudential Equity Minimum Variance Fund?
- 1.86% a year for the Direct plan, as of 31 Aug 2026.
- How large is ICICI Prudential Equity Minimum Variance Fund?
- ₹2,672 crore under management as of 31 Aug 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 1.7 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₹38,338 crore
- ICICI Prudential Business Cycle Fund₹15,873 crore
- ICICI Prudential Technology Fund₹13,661 crore
- HDFC Defence Fund₹11,478 crore
- HDFC Business Cycle Fund₹2,775 crore
- ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND₹2,728 crore
- SBI Quality Fund₹2,659 crore
- BANDHAN INNOVATION FUND₹2,645 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.