Icici Prudential Innovation Fund Overview
Category Innovation Fund
BMSMONEY Rank N/A
Rating N/A
Growth Option 21-02-2025
NAV ₹16.28(R) -1.15% ₹16.64(D) -1.19%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 11.97% -% -% -% -%
Direct 13.27% -% -% -% -%
Benchmark
SIP (XIRR) Regular -3.98% -% -% -% -%
Direct -2.82% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.

No data available

NAV Date: 21-02-2025

Scheme Name NAV Rupee Change Percent Change
ICICI Prudential Innovation Fund - IDCW 14.92
-0.1800
-1.1900%
ICICI Prudential Innovation Fund - Direct Plan - IDCW 15.28
-0.1800
-1.1600%
ICICI Prudential Innovation Fund - Growth 16.28
-0.1900
-1.1500%
ICICI Prudential Innovation Fund - Direct Plan - Growth 16.64
-0.2000
-1.1900%

Review Date: 21-02-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It denotes the rise in the investment's worth during the investment period, expressed as a percentage or a monetary value. As part of our analysis, we evaluated four return parameters of this fund. We have classified the return parameters into three performance groups: the top 25%, parameters that fall below the top 25% but remain above average, and parameters that are below average. The performance of each parameter is outlined below.
    1. Top 25%: Three return parameters of the ICICI Prudential Innovation Fund are in the top 25% in the category, as listed below:
      • 1M Return %
      • 3M Return %
      • 6M Return %
    2. Above Average Below the Top 25%: The ICICI Prudential Innovation Fund has one return parameter in the category, which is above average but below the top 25%, as shown below:
      • 1Y Return %
    3. Below Average: ICICI Prudential Innovation Fund has no return parameters that are below average in the category.
  2. Risk: Various factors can lead to the risk of either not meeting expected returns or encountering a monetary loss. For ICICI Prudential Innovation Fund, we have analyzed zero risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: ICICI Prudential Innovation Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: ICICI Prudential Innovation Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: ICICI Prudential Innovation Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -3.50
-6.31
-8.07 | -3.50 1 | 6 Very Good
3M Return % -3.73
-7.82
-10.20 | -3.73 1 | 6 Very Good
6M Return % -9.00
-12.53
-18.32 | -8.87 2 | 6 Very Good
1Y Return % 11.97
7.60
-0.04 | 12.50 2 | 4 Good
1Y SIP Return % -3.98
-9.49
-14.79 | -3.98 1 | 4 Very Good
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -3.42 -6.21 -7.96 | -3.42 1 | 6
3M Return % -3.48 -7.50 -9.87 | -3.48 1 | 6
6M Return % -8.47 -11.89 -17.71 | -8.16 2 | 6
1Y Return % 13.27 9.05 1.44 | 14.13 2 | 4
1Y SIP Return % -2.82 -8.20 -13.47 | -2.82 1 | 4
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -1.15 ₹ 9,885.00 -1.19 ₹ 9,881.00
1W -1.09 ₹ 9,891.00 -1.07 ₹ 9,893.00
1M -3.50 ₹ 9,650.00 -3.42 ₹ 9,658.00
3M -3.73 ₹ 9,627.00 -3.48 ₹ 9,652.00
6M -9.00 ₹ 9,100.00 -8.47 ₹ 9,153.00
1Y 11.97 ₹ 11,197.00 13.27 ₹ 11,327.00
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -3.98 ₹ 11,738.58 -2.82 ₹ 11,814.70
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Icici Prudential Innovation Fund NAV Regular Growth Icici Prudential Innovation Fund NAV Direct Growth
21-02-2025 16.28 16.64
20-02-2025 16.47 16.84
19-02-2025 16.39 16.75
18-02-2025 16.38 16.74
17-02-2025 16.42 16.78
14-02-2025 16.46 16.82
13-02-2025 16.69 17.05
12-02-2025 16.69 17.06
11-02-2025 16.74 17.11
10-02-2025 17.05 17.42
07-02-2025 17.23 17.61
06-02-2025 17.26 17.63
05-02-2025 17.3 17.67
04-02-2025 17.25 17.62
03-02-2025 17.06 17.43
31-01-2025 17.09 17.46
30-01-2025 16.89 17.25
29-01-2025 16.74 17.1
28-01-2025 16.49 16.84
27-01-2025 16.51 16.86
24-01-2025 16.82 17.18
23-01-2025 17.03 17.39
22-01-2025 16.85 17.21
21-01-2025 16.87 17.23

Fund Launch Date: 28/Apr/2023
Fund Category: Innovation Fund
Investment 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 Description: An open ended equity scheme following innovation theme
Fund Benchmark: Nifty 500 TRI
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.