ICICI Prudential Innovation Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.00
• Std Deviation 0.00%
• Tracking Error 0.00%

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.

The ICICI Prudential Innovation Fund Regular Growth has an AUM of 7486.66 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.80%. The minimum investment in ICICI Prudential Innovation Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Moderate & Good respectively.

The top holdings of the fund include ICICI Bank, Maruti Suzuki India, Computer Age Management Services & AXIS Bank Ltd.

The major sectors where the fund is invested are Biotechnology & Drugs, Software & Programming, Auto & Truck Manufacturers & Regional Banks.

Some of the similar funds are Nippon India Power & Infra Fund - Growth, ICICI Prudential Manufacturing Fund Growth, Franklin India Opportunities Fund Growth, HDFC Defence Fund Regular Growth, ICICI Prudential Innovation Fund Regular Growth. ICICI Prudential Innovation Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.