ICICI Prudential Innovation Fund
NAV
₹20.58
as of 20 Aug 2026
ICICI Prudential Innovation Fund is an open-ended Sectoral/ Thematic scheme from ICICI Prudential Mutual Fund managing ₹7,844 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹20.58 as of 20 Aug 2026. The expense ratio is 0.67% a year. Managed by Vaibhav Dusad. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.67% / yr
- as of 30 Jun 2026
- Fund size
- ₹7,844 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 2 May 2023
- ISIN
- INF109KC12T2
₹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 500 TRI
ICICI Prudential Innovation Fund
₹205
+105% on ₹100 over 3.3 yrs
Sectoral/ Thematic average
₹187
+87% on ₹100 over 3.3 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 7.92% | – | – |
| 6 months | 7.36% | – | – |
| 1 year | 7.30% | – | – |
| 3 years (CAGR) | 21.18% | – | – |
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
- 0.2%
- Median
- 11.1%
- Best
- 61.5%
28 windows over the last 39 months, stepped monthly; 100% ended positive. Worst window began 1 Oct 2024. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 20.6%
- Median
- 22.1%
- Best
- 23.3%
4 windows over the last 39 months, stepped monthly; 100% ended positive. Worst window began 1 Aug 2023. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.89
- Sortino ratio (3Y)
- 1.41
- Standard deviation (3Y)
- 14.94%
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.
Deepest fall
-16.0%
Right now
-0.2% below peak
Where the money actually is
Equity
97.3%
Cash
2.7%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
79 positions · top 10 = 32.1%
Market-cap mix
Large 37.3%Mid 27.4%Small 30.2%Other 5.0%
as of 31 Jul 2026
Holdings by sector
Consumer Cyclical(3 in top 10)22.9%
- Maruti Suzuki India Ltd5.45%
- Eternal Ltd3.62%
- TVS Motor Co Ltd2.52%
Technology(1 in top 10)17.7%
- Computer Age Management Services Ltd Ordinary Shares2.64%
Healthcare(1 in top 10)17.7%
- Sagility Ltd2.64%
- Industrials13.4%
Financial Services(3 in top 10)12.5%
- ICICI Bank Ltd5.01%
- Axis Bank Ltd2.78%
- 360 One Wam Ltd Ordinary Shares2.58%
Communication Services(1 in top 10)6.4%
- Bharti Hexacom Ltd2.76%
- Energy1.9%
- Utilities1.7%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 95.6% a year.
Other top holdings
- Treps2.57%
The businesses it owns
- P/E (trailing)
- 26.9
- P/B
- 4.3
- Dividend yield
- 1.0%
- Net margin
- 14.9%
- Earnings growth
- 13.3%
- Avg market cap
- ₹78,069 crore
Money in, money out
- Net flow, 12 months
- +₹322 cr
- Net flow, 3 months
- +₹4 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of ICICI Prudential Innovation Fund?
- ₹20.58 per unit as of 20 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of ICICI Prudential Innovation Fund?
- 0.67% a year for the Direct plan, as of 30 Jun 2026.
- How large is ICICI Prudential Innovation Fund?
- ₹7,844 crore under management as of 31 Jul 2026, in the Sectoral/ Thematic category.
- How risky is ICICI Prudential Innovation Fund?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- What is the worst 3-year return of ICICI Prudential Innovation Fund?
- 20.6% a year — the weakest of 4 overlapping 3-year holding periods, beginning 1 Aug 2023. The median was 22.1% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages ICICI Prudential Innovation Fund?
- Vaibhav Dusad, managing this fund for 3.2 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
- ICICI PRUDENTIAL ENERGY OPPORTUNITIES FUND₹8,200 crore
- Nippon India Power & Infra Fund₹8,042 crore
- Nippon India Banking & Financial Services Fund₹7,774 crore
- ICICI Prudential Manufacturing Fund₹7,148 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 500 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.