Sharpe ratio
1.20Return earned for the risk taken.
Good
Good risk-adjusted returns. The fund has delivered strong returns for its level of risk.
+2.17%1Y Absolute Return
+0.15%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| ICICI Prudential Innovation Fund - Direct Plan - GrowthFund 3Y annualised return · 5Y history unavailable | ₹11,82,284 | ₹7,32,612 | ₹4,49,672 | +18.94% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.22
₹1 Lakh since launch₹1.22 Lakh
Fund age3.5 yrs
Fund information
Scheme code151580
ISININF109KC12T2
BenchmarkNIFTY 500 TRI
CategoryEquity Scheme - Sectoral/ Thematic
Expense ratio1.22%
Exit loadExit load of 1%, if redeemed within 1 month.
Minimum SIP₹100 SIP
Return comparison
496th / 932 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +64.38% | — | — |
| 3M | -6.46% | — | — |
| 6M | +13.28% | — | — |
| 1Y | +2.17% | — | +4.16% |
| 3Y | +18.94% | — | +12.54% |
| Since Launch | +21.96% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
1.72Return earned while limiting downside risk.
Good
Good downside protection with strong returns.
Standard deviation
13.63%How much the fund’s returns fluctuate over time.
Moderate volatility
Returns can move up and down noticeably.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
1.33How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Equity96.96%
Cash1.98%
Debt1.06%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 80 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Maruti Suzuki India Ltd | Consumer Discretionary | Equity | 5.2039% |
| ICICI Bank Ltd | Financial | Equity | 4.9475% |
| Repo | Unspecified | Repo | 3.4196% |
| Axis Bank Ltd | Financial | Equity | 3.1391% |
| Computer Age Management Services Ltd | Financial | Equity | 2.723% |
| TVS Motor Company Ltd | Consumer Discretionary | Equity | 2.6536% |
| Zomato Ltd | Technology | Equity | 2.6256% |
| Bharti Hexacom Ltd. | Technology | Equity | 2.5439% |
| IIFL Wealth Management Ltd | Financial | Equity | 2.5218% |
| Sagility India Ltd. | Industrials | Equity | 2.5069% |
Fund management
VA
Vaibhav Dusad
Since 2023 · Prior to joining ICICI Prudential AMC Ltd, he has worked with Morgan Stanley, HSBC Global Banking and Markets, CRISIL, Zinnov Mangement Consulting and Citibank Singapore.
Mr. Dusad has done B.Tech, M.Tech and MBA
SH
Sharmila D'Silva
Since 2023 · She joined ICICI Prudential AMC Limited in September 2016.
Ms. D'Silva is CA and BAF
Compare similar funds
No comparable category funds are available yet.
Summary
A very high-risk equity scheme - sectoral/ thematic fund. Ahead of its category average over 3Y by 6.4 points. Ranks 496 of 932 in its category over 1 year.
Strengths
- Ahead of its category average over 3Y by 6.4 points.
- Losses and swings stayed contained — worst fall -16.5%, volatility 13.6%.
- Recovered from its worst fall in 6 months.
Weaknesses
- None
Ideal investor
- Needs a 5–7+ years horizon to ride out its very high risk level.
- Good fit for SIPs — spreading purchases smooths out 13.6% volatility.
Risk drivers
- None