ICICI Pru Innovation Fund – Direct (IDCW)

₹ 100
Min SIP
₹ 5,000
Min Lumpsum
0.66 %
Expense Ratio
Rating
5,748
Fund Size (in Cr)
1 Year
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 23 July 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 55.9% - - 58.8%
Category Average 36.9% 19.9% 21.2% -

Scheme Allocation

By Holding
By Sector
By Asset
3.22%
3.09%
Others
83.78%
View all Holdings
Holdings Sector Instrument Asset
Maruti Suzuki Automobile Equity 3.54%
Sun Pharma.Inds. Pharmaceuticals Equity 3.36%
ICICI Bank Banks Equity 3.22%
Siemens Capital Goods - Electrical Equipment Equity 3.09%
Pidilite Inds. Chemicals Equity 3.02%
HDFC Life Insur. Insurance Equity 2.99%
Cummins India Capital Goods-Non Electrical Equipment Equity 2.63%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.51%
Hitachi Energy Capital Goods - Electrical Equipment Equity 2.43%
Bharti Airtel Telecomm-Service Equity 2.24%
Reliance Industr Refineries Equity 2.21%
Infosys IT - Software Equity 2.13%
Zydus Lifesci. Pharmaceuticals Equity 1.95%
Bharat Forge Castings, Forgings & Fastners Equity 1.93%
Power Grid Corpn Power Generation & Distribution Equity 1.92%
Havells India Consumer Durables Equity 1.89%
Godrej Consumer FMCG Equity 1.86%
Hero Motocorp Automobile Equity 1.85%
NTPC Power Generation & Distribution Equity 1.85%
Avenue Super. Retail Equity 1.72%
Aurobindo Pharma Pharmaceuticals Equity 1.64%
Navin Fluo.Intl. Chemicals Equity 1.56%
Page Industries Readymade Garments/ Apparells Equity 1.46%
Hind.Aeronautics Aerospace & Defence Equity 1.43%
Dr Reddy's Labs Pharmaceuticals Equity 1.41%
Triveni Turbine Capital Goods - Electrical Equipment Equity 1.37%
Trent Retail Equity 1.33%
Syngene Intl. Healthcare Equity 1.32%
Bharat Electron Aerospace & Defence Equity 1.24%
Hind. Unilever FMCG Equity 1.16%
TVS Motor Co. Automobile Equity 1.15%
Indiamart Inter. E-Commerce/App based Aggregator Equity 1.12%
Star Health Insu Insurance Equity 1.11%
SRF Chemicals Equity 1.07%
Astrazeneca Phar Pharmaceuticals Equity 1.07%
Kotak Mah. Bank Banks Equity 0.99%
Bharti Airtel PP Telecomm-Service Equity 0.98%
3M India Diversified Equity 0.97%
Info Edg.(India) E-Commerce/App based Aggregator Equity 0.96%
Apollo Hospitals Healthcare Equity 0.94%
Metro Brands Leather Equity 0.92%
Bata India Leather Equity 0.9%
Bajaj Electrical Consumer Durables Equity 0.89%
Aadhar Hsg. Fin. Finance Equity 0.89%
Cyient DLM Electronics Equity 0.82%
Gland Pharma Pharmaceuticals Equity 0.78%
P I Industries Agro Chemicals Equity 0.77%
KSB Capital Goods-Non Electrical Equipment Equity 0.76%
P & G Hygiene FMCG Equity 0.72%
BEML Ltd Aerospace & Defence Equity 0.67%
Vedant Fashions Retail Equity 0.66%
Rategain Travel IT - Software Equity 0.62%
Orient Electric Consumer Durables Equity 0.57%
Ingersoll-Rand Capital Goods-Non Electrical Equipment Equity 0.55%
Thyrocare Tech. Healthcare Equity 0.53%
A B B Capital Goods - Electrical Equipment Equity 0.51%
Yatra Online E-Commerce/App based Aggregator Equity 0.46%
Netweb Technol. IT - Hardware Equity 0.43%
Bajaj Auto Automobile Equity 0.42%
Glenmark Pharma. Pharmaceuticals Equity 0.41%
Gillette India FMCG Equity 0.32%
PSP Projects Construction Equity 0.1%
Glenmark Life Pharmaceuticals Equity 0.04%
Pharmaceuticals & Biotech
12.34%
Others
8.72%
Automobiles
8.67%
Electrical Equipments
6.34%
Debt
6.14%
Others
57.8%
View all Sectors
Sectors Asset
Pharmaceuticals & Biotech 12.34%
Others 8.72%
Automobiles 8.67%
Electrical Equipments 6.34%
Debt 6.14%
Retailing 5.82%
Consumer Durables 4.75%
Chemicals & Petrochemical 4.27%
Banks 4.11%
Insurance 4%
Industrial Products 3.66%
Telecom-Services 3.38%
Aerospace & Defense 3.35%
IT-Software 3.32%
Healthcare Services 3.26%
Personal Products 3.25%
Auto Components 2.5%
Petroleum Products 2.24%
Construction 2.17%
Textiles & Apparels 1.58%
Agricultural, Commercial 1.51%
Diversified 1.11%
Power 1%
Finance 0.83%
Fertilisers & Agrochemica 0.79%
IT-Hardware 0.65%
Leisure Services 0.65%
Cash & Others -0.39%
Equity
86.38%
Foreign Equity
8.98%
Reverse Repos
4.16%
Net Curr Ass/Net Receivables
0.26%
Derivatives
0.22%
Others
0%

Advance Ratio

15.41
Alpha
3.2
SD
0.92
Beta
3.81
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.

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

AMC Contact Details

ICICI Prudential Mutual Fund
AUM:
7,77,435 Cr
Address:
One BKC, A-Wing, 13th Floor, Bandra Kurla Complex, Mumbai 400051
Contact:
26525000
Email ID:
enquiry@icicipruamc.com

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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 ₹17.7 as of 23 July 2024.

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
  1. Pharmaceuticals & Biotech - 12.34%
  2. Others - 8.72%
  3. Automobiles - 8.67%
  4. Electrical Equipments - 6.34%
  5. Debt - 6.14%

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 58.8% 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 0.66 % as of 23 July 2024.

What is the AUM of ICICI Pru Innovation Fund – Direct (IDCW)?

The AUM of ICICI Pru Innovation Fund – Direct (IDCW) is ₹7,77,435 Cr as of 23 July 2024

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
  1. Maruti Suzuki - 3.54%
  2. Sun Pharma.Inds. - 3.36%
  3. ICICI Bank - 3.22%
  4. Siemens - 3.09%
  5. Pidilite Inds. - 3.02%

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.
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