NAV on (30 Apr 2026 )
₹18.73 ▼
(-1.00%)
Fund Size
₹6799.2 Crores
1Y Returns
5.11 %
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.
ICICI Prudential Asset Management Co. Ltd.
Launch Date
April 10, 2023
Fund Manager
Mr. Vaibhav Dusad
Initial Price
10
AUM Fund
6799.2 Cr
Min investment
Rs 5000
Expense Ratio
0.76%
Daily, Weekly, Fortnightly and Monthly - Rs. 100/- and in multiple of Rs. 1/-. Minimum 6 installments. Quarterly - Rs. 5,000/- and in multiple of Rs. 1/-. Minimum 4 installments.
If redeemed or switched out within 1 month from the date of allotment : 1% If redeemed or switched out more than 1 month from the date of allotment : Nil
1 Month
+9.60%
6 Months
-5.45%
1 Year
+5.11%
2 Years (CAGR)
+9.47%
3 Years (CAGR)
NA
5 Years (CAGR)
NA
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 45.63% | 104.15% | ₹3935.83 | |
| 44.86% | 100.86% | ₹3935.83 | |
| 29.97% | 105.60% | ₹110.26 | |
| 29.02% | 0.00% | ₹4616.45 | |
| 29.02% | 0.00% | ₹4616.45 |
Q: What is the current NAV of ICICI Prudential Innovation Fund - Direct Fund - Growth?
A: The latest NAV of ICICI Prudential Innovation Fund - Direct Fund - Growth is ₹ 18.73 as on 30 Apr 2026.
Q: What type of mutual fund is ICICI Prudential Innovation Fund - Direct Fund - Growth?
A: ICICI Prudential Innovation Fund - Direct Fund - Growth is a 'Equity - Large Cap' type mutual fund managed by 'ICICI Prudential Asset Management Co. Ltd.'.
Q: What is the expense ratio of ICICI Prudential Innovation Fund - Direct Fund - Growth?
A: The expense ratio of ICICI Prudential Innovation Fund - Direct Fund - Growth is 0.76%, which impacts overall returns.
Q: Who manages ICICI Prudential Innovation Fund - Direct Fund - Growth?
A: ICICI Prudential Innovation Fund - Direct Fund - Growth is managed by Mr. Vaibhav Dusad, who oversees investment strategy and portfolio decisions.
Q: Is ICICI Prudential Innovation Fund - Direct Fund - Growth a good investment?
A: ICICI Prudential Innovation Fund - Direct Fund - Growth may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of ICICI Prudential Innovation Fund - Direct Fund - Growth?
A: The exit load of ICICI Prudential Innovation Fund - Direct Fund - Growth is If redeemed or switched out within 1 month from the date of allotment : 1% If redeemed or switched out more than 1 month from the date of allotment : Nil, applicable if redeemed within the specified period.
Q: How is ICICI Prudential Innovation Fund - Direct Fund - Growth taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
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