ICICI Pru Innovation Fund – Direct (IDCW)
100
Min SIP
5,000
Min Lumpsum
0.8 %
Expense Ratio
Rating
2,256
Fund Size (in Cr)
5 Months
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
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Invested Amount--
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Wealth Gained--
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Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | - | - | - | 18.8% | ||||
| Category Average | 19.5% | 24.2% | 14.8% | - |
Scheme Allocation
By Holding
By Sector
By Asset
Advance Ratio
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Alpha
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SD
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Beta
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Sharpe
Exit Load
| Exit Load | 1.00% - If the amount sought to be redeemed or switched out within 12 months from the date of allotment. Nil - If the amount sought to be redeemed or switched out more than 12 months from the date of allotment. |
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Fund Objective
The Scheme is an open ended thematic fund. The objective of the Scheme is 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. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Fund Managers
Anish Tawakley
Risk-O-Meter
Peer Comparison
Fund Name
- Fund Name
- Fund Size
- 1Y
- 3Y
- 5Y
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- Equity .
- Sectoral / Thematic .
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- 2,986
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41.9%Fund Size - 2,986
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46.7%Fund Size - 2,986
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22.3%Fund Size - 2,986
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- Equity .
- Sectoral / Thematic .
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- 1,506
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42.7%Fund Size - 1,506
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42.9%Fund Size - 1,506
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20.7%Fund Size - 1,506
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- Equity .
- Sectoral / Thematic .
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- 116
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30.4%Fund Size - 116
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36.1%Fund Size - 116
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19.8%Fund Size - 116
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- Equity .
- Sectoral / Thematic .
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- 1,177
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35.9%Fund Size - 1,177
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30.2%Fund Size - 1,177
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18.4%Fund Size - 1,177
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- Equity .
- Sectoral / Thematic .
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- 6,740
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21.1%Fund Size - 6,740
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27.5%Fund Size - 6,740
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13.9%Fund Size - 6,740
AMC Contact Details
ICICI Prudential Mutual Fund
AUM:
5,56,070 Cr
Address:
One BKC, A-Wing, 13th Floor,
Bandra Kurla Complex,
Mumbai 400051
Contact:
26525000
Email ID:
enquiry@icicipruamc.com
Frequently Asked Questions
How to invest in ICICI Pru Innovation Fund – Direct (IDCW) ?
You can invest in ICICI Pru Innovation Fund – Direct (IDCW) in a quick and simple process. Follow the below steps;
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for ICICI Pru Innovation Fund – Direct (IDCW) in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of ICICI Pru Innovation Fund – Direct (IDCW) ?
The NAV of ICICI Pru Innovation Fund – Direct (IDCW) is ₹11.8 as of 29 September 2023.
How to redeem ICICI Pru Innovation Fund – Direct (IDCW) holding ?
You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.
What is the minimum sip amount of ICICI Pru Innovation Fund – Direct (IDCW)?
The minimum SIP amount of ICICI Pru Innovation Fund – Direct (IDCW) is ₹100
What are the top sectors ICICI Pru Innovation Fund – Direct (IDCW) has invested in?
The top sectors ICICI Pru Innovation Fund – Direct (IDCW) has invested in are
- Pharmaceuticals & Biotech - 12.69%
- IT-Software - 7.55%
- Banks - 7.02%
- Auto Components - 6.49%
- Construction - 6.37%
Can I make investments in both the SIP and Lump Sum schemes of ICICI Pru Innovation Fund – Direct (IDCW)?
Yes, You can select both SIP or Lumpsum investment of ICICI Pru Innovation Fund – Direct (IDCW) based on your investment objective and risk tolerance.
How much returns have ICICI Pru Innovation Fund – Direct (IDCW) generated ?
The ICICI Pru Innovation Fund – Direct (IDCW) has delivered 18.8% since inception
What is the expense ratio of ICICI Pru Innovation Fund – Direct (IDCW) ?
The expense ratio of ICICI Pru Innovation Fund – Direct (IDCW) is 0.8 % as of 29 September 2023.
What is the AUM of ICICI Pru Innovation Fund – Direct (IDCW)?
The AUM of ICICI Pru Innovation Fund – Direct (IDCW) is ₹5,56,070 Cr as of 29 September 2023
What are the top stock holdings of ICICI Pru Innovation Fund – Direct (IDCW)?
The top stock holdings of ICICI Pru Innovation Fund – Direct (IDCW) are
- ICICI Bank - 6.11%
- Larsen & Toubro - 5.97%
- Reliance Industr - 5.51%
- Sun Pharma.Inds. - 4.06%
- Maruti Suzuki - 3.76%
How can I redeem my investments in ICICI Pru Innovation Fund – Direct (IDCW)?
Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select ICICI Pru Innovation Fund – Direct (IDCW) in Scheme, enter the redemption amount, and click on submit button.
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select ICICI Pru Innovation Fund – Direct (IDCW) in Scheme, enter the redemption amount, and click on submit button.