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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 202619.52
CategorySectoral / Thematic
PlanRegular · Growth
Launched10 Apr 2023
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1Nifty 500 TRI
Expense ratiodirect plan, a year2.17%
AUM₹5,298 Cr
Growth of ₹10,000₹19,4422 May 2023 to 2 Sep 2026
₹19,771₹17,328₹14,885₹12,442₹10,000May 2023Feb 2024Dec 2024Nov 2025Sep 2026
₹19,442 (+22.0% a year) ICICI Prudential Innovation Fund

Performance (trailing, annualised)

1Y annualised5.75%
3Y annualised18.55%

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 ₹1,25,9999.36%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,26,00111.24%

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

Calendar years

Calendar 202428.53%
Calendar 202510.81%

Rolling returns

Rolling 1Y · average121 windows since 3 May 202420.62%
Rolling 1Y · median9.89%
Rolling 1Y · worst window-1.87%
Rolling 1Y · best window62.67%
Rolling 1Y · windows positive99%

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

Risk

Volatility (3Y)12.56%
Downside deviation (3Y)8.89%
Maximum drawdown-16.91%

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.

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