ICICI Pru Innovation Fund - Direct (G) logo

ICICI Pru Innovation Fund Direct Growth

NAV ₹19.82 as on 17 Nov 2025

RiskModerate

Fund Size₹7,431.92Cr

NAV₹19.82 as on 17 Nov 2025
RiskModerate
Fund Size₹7,431.92Cr

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Investment Details
Top Rated Funds

Lock-in

No Lock-in

Min One Time Amount

₹5,000

Min Withdrawal Amount

₹-

Min SIP Amount

₹100

Min Additional Amount

₹1,000

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.

Basic Details

Age

2 years 7 months (Since Apr 28, 2023)

Return since Launch

30.63%

Expense ratio

0.67%

Type

OPEN

AUM (Fund Size)

₹7,431.92

Risk Grade

Moderate

Benchmark

Nifty 500 TRI

Calculate Your Returns
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Returns
Total investment of ₹2,40,000
Would have become ₹61,949 (+209.74%)
Fund Manager

Name:

Vaibhav Dusad

Experience:

Mr. Vaibhav Dusad has around 11 years of experience in field of investment analysis. Currently, he is a senior investment analyst and a fund manager Past Experience: Morgan Stanley - Research Analyst - June 2014 to December 2017. HSBC - Research Analyst - November 2011 to April 2013. Crisil Irevna - Research Analyst- October 2010 to October 2011. Zinnov - Research Analyst - October 2009 to September 2010.

Asset Allocation

TREPS 1.97%

Accenture Plc 1.57%

Microsoft Corp 1.10%

Cash Margin - Derivatives 0.70%

Net CA & Others 0.45%

TBILL-91D 0.39%

TBILL-364D 0.16%

TBILL-182D 0.09%

TVS Motor Co. 0.03%

See All
Scheme Holding Summary

Banks

Telecomm-Service

IT - Software

E-Commerce/App based Aggregator

Refineries

Pharmaceuticals

Lupin Ltd

2.42%

Automobile

Chemicals

Financial Services

Power Generation & Distribution

NTPC Ltd

2.26%

FMCG

Realty

Finance

Plastic products

Consumer Durables

Debt Others

Insurance

Cables

Retail

Infrastructure Developers & Operators

Capital Goods-Non Electrical Equipment

KSB Ltd

0.57%

Aerospace & Defence

Auto Ancillaries

Healthcare

Castings, Forgings & Fastners

Capital Goods - Electrical Equipment

Derivatives - Index

T Bills

Preference n Warrants

See All
RiskometerLevel of risk in the scheme
Moderate
High
Low
Very
High

Your investment will be at Moderate Risk

Fund house & investment objective
Rank (total assets)#2 in India
Total AUM₹10,60,746.84Cr
Date of Incorporation22 Jun 1993
ICICI Pru Innovation Fund Direct Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 28 Apr 2023. The fund currently has an Asset Under Management(AUM) of ₹10,60,746.84 Cr and the Latest NAV as of 17 Nov 2025 is ₹19.82.
The ICICI Pru Innovation Fund Direct Growth is rated Moderate. Minimum SIP Investment is set to ₹100 . Minimum Lumpsum Investment is ₹5,000. Exit load of 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..
...Read more
Returns and Rankings

Category: Equity Sectoral / Thematic

1Y3Y5YAll
Fund returns13.69%--14.29%
Category average8.02%6.14%3.98%-
Rank within category4511995-

FAQ’s

What kind of returns does ICICI Pru Innovation Fund Direct Growth provide?

ICICI Pru Innovation Fund Direct Growth has given a return of NA% in the past 3 years.

What is the expense ratio charged by ICICI Pru Innovation Fund Direct Growth?

The Expense Ratio charged by ICICI Pru Innovation Fund Direct Growth is 0.67%.

What is the AUM size of ICICI Pru Innovation Fund Direct Growth?

The AUM size of ICICI Pru Innovation Fund Direct Growth is ₹7,431.92Cr.

What is the minimum SIP amount that you can invest in ICICI Pru Innovation Fund Direct Growth?

₹100 is the minimum SIP amount that you can invest in ICICI Pru Innovation Fund Direct Growth .

What are the top stock holdings of ICICI Pru Innovation Fund Direct Growth?

The top stock holdings of ICICI Pru Innovation Fund Direct Growth include , ICICI Bank Ltd , Axis Bank Ltd and Bharti Airtel Ltd Partly Paidup.

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start building your wealth journey

*By clicking, I agree to the T&C and Whatsapp updates.