OmniAsset
Get app

OmniAsset › Mutual funds › ICICI Prudential Innovation Fund

ICICI Prudential Innovation Fund

Sectoral / Thematic fund benchmarked to Nifty 500 TRI. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202617.17
CategorySectoral / Thematic
PlanDirect · Idcw
Launched10 Apr 2023
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1Nifty 500 TRI
Expense ratiodirect plan, a year1.21%
AUM₹4.27 Cr
Growth of ₹10,000₹17,1022 May 2023 to 2 Sep 2026
₹18,944₹16,708₹14,472₹12,236₹10,000May 2023Feb 2024Dec 2024Nov 2025Sep 2026
₹17,102 (+17.4% a year) ICICI Prudential Innovation Fund

Performance (trailing, annualised)

1Y annualised-1.49%
3Y annualised13.43%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,22,6534.11%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,88,6995.04%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202430.06%
Calendar 20252.93%

Rolling returns

Rolling 1Y · average121 windows since 3 May 202415.84%
Rolling 1Y · median2.08%
Rolling 1Y · worst window-8.89%
Rolling 1Y · best window64.58%
Rolling 1Y · windows positive64%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)14.53%
Downside deviation (3Y)11.47%
Maximum drawdown-24.36%

Management

Fund managerMr. Vaibhav Dusad
Managing since28 Apr 2023

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

Research this fund and compare it — on your device.

Get OmniAsset on Google Play The mutual fund tracker