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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 202616.46
CategorySectoral / Thematic
PlanRegular · Idcw
Launched10 Apr 2023
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1Nifty 500 TRI
Expense ratiodirect plan, a year2.17%
AUM₹10.3 Cr
Growth of ₹10,000₹16,3942 May 2023 to 2 Sep 2026
₹18,616₹16,462₹14,308₹12,154₹10,000May 2023Feb 2024Dec 2024Nov 2025Sep 2026
₹16,394 (+16.0% a year) ICICI Prudential Innovation Fund

Performance (trailing, annualised)

1Y annualised-2.72%
3Y annualised12.00%

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 ₹1,21,9032.94%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,80,9203.70%

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

Calendar years

Calendar 202428.53%
Calendar 20251.61%

Rolling returns

Rolling 1Y · average121 windows since 3 May 202414.36%
Rolling 1Y · median0.78%
Rolling 1Y · worst window-10.01%
Rolling 1Y · best window62.67%
Rolling 1Y · windows positive55%

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

Risk

Volatility (3Y)14.65%
Downside deviation (3Y)11.63%
Maximum drawdown-25.94%

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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