ICICI Prudential Innovation Fund - Direct Plan - IDCW

Open Ended Schemes(Equity Scheme - Sectoral/ Thematic)Very High RiskISIN INF109KC13T0

NAV · 03-Jul-2026

₹16.7700

+4.55%

-9.01%

1Y (CAGR)

-3.68%

3Y (CAGR)

+15.35%

5Y (CAGR)

—

Since inception (CAGR)

+17.56%

NAV history

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Risk & SIP analytics

Q2 · 3Y in category

Volatility (3y)

14.40%

Downside dev (3y)

14.52%

Max drawdown (3y)

-24.4%

Sharpe (3y)

0.61

SIP XIRR (3y)

+4.45%

Calendar-year returns

2024 +30.1%2025 +2.9%

Fund facts

Fund managerVaibhav Dusad · Sharmila D’mello

AUM₹74,532 Cr

Expense ratio0.63% · 2026-05-31

TER · AMFI officialDirect 1.30% · Regular 2.26% (2026-06-30)

Launch date10-Apr-2023

Plan typeOpen Ended · Equity

Min lumpsum₹5,000

Min SIP₹100

Lock-inNone

Volatility13.93

AMCICICI Prudential Asset Management Company Limited

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.

scheme documents ↗