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ICICI Prudential Innovation Fund Direct Growth
NAV: 20 Mar '26
₹17.61
Min. for SIP
₹100
Fund size
₹7,486.66 Cr
Expense ratio
0.76%
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹14,113 | -5.91% | |
| 6 months | ₹30,000 | ₹27,567 | -8.11% | |
| 1 year | ₹60,000 | ₹56,237 | -6.27% |
Holdings (59)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 5.04% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 4.19% |
| Computer Age Management Services Ltd. | Services | Equity | 3.23% |
| Axis Bank Ltd. | Financial | Equity | 3.01% |
| Supreme Industries Ltd. | Chemicals | Equity | 2.88% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | Equity | 2.84% |
| Mankind Pharma Ltd. | Healthcare | Equity | 2.80% |
| Mphasis Ltd. | Technology | Equity | 2.71% |
| Blue Star Ltd. | Consumer Discretionary | Equity | 2.59% |
| 360 One Wam Ltd. | Financial | Equity | 2.58% |
| NTPC Ltd. | Energy | Equity | 2.57% |
| Hindustan Aeronautics Ltd. | Capital Goods | Equity | 2.50% |
| Swiggy Ltd. | Services | Equity | 2.31% |
| Coforge Ltd. | Technology | Equity | 2.19% |
| Eternal Ltd. | Services | Equity | 2.13% |
| Pidilite Industries Ltd. | Chemicals | Equity | 2.12% |
| Info Edge (India) Ltd. | Services | Equity | 2.10% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 2.08% |
| TVS Motor Company Ltd. | Automobile | Equity | 2.05% |
| Sagility Ltd. | Services | Equity | 2.02% |
| Bharti Airtel Ltd. - (Partly Paid up Equity Shares (Rights Issue)) | Communication | PPE | 2.01% |
| Godrej Consumer Products Ltd. | Consumer Staples | Equity | 2.01% |
| LG Electronics India Ltd. | Consumer Discretionary | Equity | 1.99% |
| HDFC Life Insurance Co Ltd. | Insurance | Equity | 1.97% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 1.76% |
| Biocon Ltd. | Healthcare | Equity | 1.70% |
| Max Healthcare Institute Ltd. | Healthcare | Equity | 1.68% |
| Larsen & Toubro Ltd. | Construction | Equity | 1.66% |
| Vijaya Diagnostic Centre Ltd. | Healthcare | Equity | 1.65% |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | Equity | 1.60% |
| Brigade Enterprises Ltd. | Construction | Equity | 1.58% |
| Indiamart Intermesh Ltd. | Services | Equity | 1.54% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 1.53% |
| Kei Industries Ltd. | Capital Goods | Equity | 1.41% |
| Reliance Industries Ltd. | Energy | Equity | 1.38% |
| Accenture PLC | Others | Forgn. Eq | 1.33% |
| Zensar Technologies Ltd. | Technology | Equity | 1.30% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 1.29% |
| Hexaware Technologies Ltd. | Technology | Equity | 1.27% |
| Brainbees Solutions Ltd. | Consumer Staples | Equity | 1.22% |
| Emmvee Photovoltaic Power Ltd. | Energy | Equity | 1.11% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 1.04% |
| Triveni Turbine Ltd. | Construction | Equity | 0.98% |
| Thyrocare Technologies Ltd. | Healthcare | Equity | 0.95% |
| Aditya Vision Ltd. | Services | Equity | 0.94% |
| Cohance Lifesciences Ltd. | Healthcare | Equity | 0.86% |
| Microsoft Corportion (US) | Technology | Forgn. Eq | 0.85% |
| Capillary Technologies India Ltd. | Technology | Equity | 0.83% |
| Ivalue Infosolutions Ltd. | Technology | Equity | 0.80% |
| Siemens Ltd. | Capital Goods | Equity | 0.72% |
| Timken India Ltd. | Capital Goods | Equity | 0.71% |
| TD Power Systems Ltd. | Capital Goods | Equity | 0.68% |
| Reserve Bank of India | Financial | T-Bills | 0.66% |
| Aequs Ltd. | Technology | Equity | 0.61% |
| KSB Ltd. | Capital Goods | Equity | 0.56% |
| Amagi Media Labs Ltd. | Technology | Equity | 0.51% |
| Reserve Bank of India | Financial | T-Bills | 0.33% |
| Yatra Online Ltd. | Services | Equity | 0.05% |
| TVS Motor Company Ltd - Pref. Shares | Automobile | Pref. Shares | 0.03% |
See All
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹100
Returns and rankings
Annualised returns
Absolute returns
| Name | 3M | 6M | 1Y | All |
|---|---|---|---|---|
| Fund returns | -11.1% | -9.5% | +8.0% | +75.5% |
| Category average (Equity Thematic) | -- | -- | -1.5% | -- |
| Rank (Equity Thematic) | 5 | 4 | 5 | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 1%, if redeemed within 12 months.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Fund management
VDVaibhav DusadApr 2023 - PresentView details
VD
Vaibhav Dusad
Apr 2023 - Present
View details
SDSharmila D'SilvaApr 2023 - PresentView details
SD
Sharmila D'Silva
Apr 2023 - Present
View details
About ICICI Prudential Innovation Fund Direct Growth
ICICI Prudential Innovation Fund Direct Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. Vaibhav Dusad is the Current Fund Manager of ICICI Prudential Innovation Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹11,24,266 Cr and the Latest NAV as of 20 Mar 2026 is ₹17.61.
The ICICI Prudential Innovation Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹5,000. Exit load of 1%, if redeemed within 12 months.
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Investment Objective
The scheme seeks to generate long term capital appreciation by predominantly investing in equity & equity related securities of companies and units of global mutual funds/ETFs that can benefit from innovation strategies and theme.
Fund benchmarkNIFTY 500 Total Return Index
Fund house
Rank (total assets)#3 in India
Total AUM₹11,24,266.03 Cr
Date of Incorporation12 Oct 1993
Launch Date12 Oct 1993
AddressOne BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Websitewww.camsonline.com
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,