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Fund Overview of ICICI Prudential Innovation Fund Direct-IDCW
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₹7,549.1 CrAUM
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₹16.79NAV
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1.22%Expense Ratio
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
ICICI Prudential Innovation Fund Direct-IDCW Return Comparison
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | -3.60% | NA | NA |
| 6 Months | 5.37% | NA | NA |
| 1 Year | 0.97% | 0.97% | NA |
| 2 Years | 11.47% | 5.58% | NA |
| 3 Years | 67.53% | 18.77% | NA |
Dividends are declared by the fund house based on the income generated from the underlying assets. While many mutual funds distribute dividends annually, the payout frequency ultimately depends on the fund house’s decision
Asset Allocation of ICICI Prudential Innovation Fund Direct-IDCW
equities
97.11%debt instruments
0.62%other assets or cash equivalents
2.28%Launched on 28 Apr 2023, the fund aims Long term wealth creation. An equity scheme that invests in stocks adopting innovation strategies or themes. It manages assets worth ₹7,549.1 crore as on Wed Sep 30, 2026. The expense ratio stands at 1.22%. Fund Manager Manager Education Fund Manager Manager Education Fund Manager Manager EducationAbout ICICI Prudential Innovation Fund Direct-IDCW
The portfolio allocation consists of 97.11% in equities, 0.62% in debt instruments, 2.28% in other assets or cash equivalents.Managed by Sharmila D'Silva, it has delivered a return of 0.97% in the last year, a total return since inception of 21.43%.
The latest dividend was declared on 06 Jan 2026 at 14.50% of face value.
Choosing an appropriate best sip plan has an important role for systematic investing.
Key Metrics of ICICI Prudential Innovation Fund Direct-IDCW
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Standard Deviation15.49%
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Mean17.89%
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Sharpe Ratio0.80%
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Alpha7.41%
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Beta0.96%
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Sortino Ratio1.04%
ICICI Prudential Innovation Fund Direct-IDCW Fund Details
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Compare ICICI Prudential Innovation Fund Direct-IDCW with other mutual funds in the same category
ICICI Prudential Innovation Fund Direct-IDCW
Kotak Pioneer Fund Direct-Growth
Kotak Pioneer Fund Direct-IDCW
Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Kotak Pioneer Fund Direct-Growth  |
₹4,295 | -0.48% | -2.20% | 6.73% | 19.60% | 14.13% |
| Kotak Pioneer Fund Direct-IDCW |
₹4,295 | -0.48% | -2.20% | 6.73% | 19.60% | 14.13% |
| Kotak Pioneer Fund Regular-Growth |
₹4,295 | -0.60% | -2.51% | 5.31% | 17.97% | 12.49% |
| Kotak Pioneer Fund Regular-IDCW |
₹4,295 | -0.60% | -2.51% | 5.31% | 17.97% | 12.49% |
Axis Innovation Fund Direct-Growth  |
₹1,345 | 0.48% | 1.59% | 12.60% | 18.50% | 10.89% |
| Axis Innovation Fund Direct-IDCW |
₹1,345 | 0.48% | 1.59% | 12.60% | 18.50% | 10.89% |
| Axis Innovation Fund Regular-Growth |
₹1,345 | 0.38% | 1.38% | 11.54% | 17.35% | 9.61% |
| Axis Innovation Fund Regular-IDCW |
₹1,345 | 0.38% | 1.38% | 11.54% | 17.35% | 9.61% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from ICICI Prudential Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
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ICICI Prudential Innovation Fund-Growth
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₹7,549 | 2.58% | -3.88% | 4.79% | -0.10% | 17.46% |
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ICICI Prudential Innovation Fund Direct-Growth
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₹7,549 | 2.69% | -3.60% | 5.37% | 0.97% | 18.77% |
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ICICI Prudential Innovation Fund-IDCW
|
₹7,549 | 2.58% | -3.88% | 4.79% | -0.10% | 17.46% |
growth is based on 1-month returns of the fundsICICI Prudential Innovation Fund Direct-IDCW Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| ICICI Prudential Innovation Fund-Growth |
₹7,549 | ₹19.05 | 17.46% | - | - |
| ICICI Prudential Innovation Fund Direct-Growth |
₹7,549 | ₹19.83 | 18.77% | - | - |
| ICICI Prudential Innovation Fund-IDCW |
₹7,549 | ₹16.06 | 17.46% | - | - |
| ICICI Prudential Innovation Fund Direct-IDCW |
₹7,549 | ₹16.79 | 18.77% | - | - |
| Kotak Pioneer Fund Direct-Growth |
₹4,295 | ₹38.26 | 19.60% | 14.13% | - |
| Kotak Pioneer Fund Regular-Growth |
₹4,295 | ₹34.35 | 17.97% | 12.49% | - |
ICICI Prudential Innovation Fund Direct-IDCW Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Icici Bank Ltd | Financial | 6.70% | ₹470.59 Cr |
| Icici Bank Ltd | Financial | 4.97% | ₹398.03 Cr |
| Icici Bank Ltd | Financial | 4.97% | ₹398.03 Cr |
| Icici Bank Ltd | Financial | 4.97% | ₹398.03 Cr |
| Icici Bank Ltd | Financial | 4.97% | ₹398.03 Cr |
| Icici Bank Ltd | Financial | 4.97% | ₹398.03 Cr |
| Icici Bank Ltd | Financial | 4.97% | ₹398.03 Cr |
| Icici Bank Ltd | Financial | 4.97% | ₹398.03 Cr |
| Icici Bank Ltd | Financial | 4.97% | ₹398.03 Cr |
| Maruti Suzuki India Ltd | Consumer Discretionary | 5.20% | ₹395.97 Cr |
| Maruti Suzuki India Ltd | Consumer Discretionary | 5.20% | ₹395.97 Cr |
| Maruti Suzuki India Ltd | Consumer Discretionary | 5.20% | ₹395.97 Cr |
| Maruti Suzuki India Ltd | Consumer Discretionary | 5.20% | ₹395.97 Cr |
| Icici Bank Ltd | Financial | 5.06% | ₹380.18 Cr |
| Icici Bank Ltd | Financial | 5.04% | ₹377.47 Cr |
| Icici Bank Ltd | Financial | 4.95% | ₹376.46 Cr |
| Icici Bank Ltd | Financial | 4.95% | ₹376.46 Cr |
| Icici Bank Ltd | Financial | 4.95% | ₹376.46 Cr |
| Icici Bank Ltd | Financial | 4.95% | ₹376.46 Cr |
| Repo | Unspecified | 5.28% | ₹371.05 Cr |
Top Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Kotak Pioneer Fund Direct-Growth |
₹38.26 | 19.60% | 14.13% | - |
| Kotak Pioneer Fund Direct-IDCW |
₹38.26 | 19.60% | 14.13% | - |
| Kotak Pioneer Fund Regular-Growth |
₹34.35 | 17.97% | 12.49% | - |
| Kotak Pioneer Fund Regular-IDCW |
₹34.36 | 17.97% | 12.49% | - |
| Axis Innovation Fund Direct-Growth |
₹22.96 | 18.50% | 10.89% | - |
| Axis Innovation Fund Direct-IDCW |
₹19.23 | 18.50% | 10.89% | - |
| Axis Innovation Fund Regular-Growth |
₹21.36 | 17.35% | 9.61% | - |
| Axis Innovation Fund Regular-IDCW |
₹17.88 | 17.35% | 9.61% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
ICICI Prudential Innovation Fund Direct-IDCW
What is the current AUM of ICICI Prudential Innovation Fund Direct-IDCW?
As of Wed Sep 30, 2026, ICICI Prudential Innovation Fund Direct-IDCW manages assets worth ₹7,549.1 crore
How has ICICI Prudential Innovation Fund Direct-IDCW performed recently?
- 3 Months: -3.60%
- 6 Months: 5.37%
What is the long-term performance of ICICI Prudential Innovation Fund Direct-IDCW?
- 3 Years CAGR: 18.77%
- Since Inception: 21.43%
What is the portfolio composition of ICICI Prudential Innovation Fund Direct-IDCW?
Equity: 97.11%, Debt: 0.62%, Others: 2.28%.
Who manages ICICI Prudential Innovation Fund Direct-IDCW?
ICICI Prudential Innovation Fund Direct-IDCW is managed by Sharmila D'Silva from ICICI Prudential Mutual Fund.
When was the last dividend declared by ICICI Prudential Innovation Fund Direct-IDCW?
Latest dividend was declared on 06 Jan 2026 at 14.50% of face value.
What is the market-cap allocation of ICICI Prudential Innovation Fund Direct-IDCW?
Large Cap: 36.27%, Mid Cap: 30.09%, Small Cap: 33.64%.
Which are the top companies ICICI Prudential Innovation Fund Direct-IDCW has invested in?
- ICICI Bank Ltd – 6.70% of the fund's portfolio
- ICICI Bank Ltd – 4.97% of the fund's portfolio
- ICICI Bank Ltd – 4.97% of the fund's portfolio
- ICICI Bank Ltd – 4.97% of the fund's portfolio
- ICICI Bank Ltd – 4.97% of the fund's portfolio
Which are the major sectors ICICI Prudential Innovation Fund Direct-IDCW focuses on?
- Financial – 76.33% of the fund's portfolio
- Consumer Discretionary – 20.82% of the fund's portfolio
- Unspecified – 5.28% of the fund's portfolio
