ICICI Prudential Innovation Fund
Direct · Growth ₹19.92
20 Jul 2026
NAV
22.5%
3Y CAGR
22.6%
Weighted CAGR
?
Weighted Mean CAGR
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
16.57
Sharpe
-16.5%
Max Drawdown
?
Max Drawdown
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
NA
TER
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.74 L | 20.7% | -19.7% | 72.1% |
| 3 Years | ₹36.00 L | ₹42.63 L | 11.7% | 7.3% | 13.3% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 20.7% | 14.5% | 13.7% | +6.3% |
| 3 Years | 11.7% | 11.2% | 17.2% | +0.5% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 23.0% | 12.2% | -1.1% | 64.8% | 0.77 | 10.92 | 99% | — | — |
| 3 Years | 22.5% | 22.4% | 20.6% | 24.1% | 16.57 | — | 100% | — | — |
-16.5%
Max Drawdown
5 mo
Drawdown Duration
6 mo
Recovery Time
-3.2%
Avg Drawdown
Calmar Ratio by Duration
1.39
1Y
1.36
3Y
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +7.01 | 0.88 | 92.2% | 81.6% | 5.1% | -3.1% |
| 3 Years | +13.45 | 0.83 | 92.9% | 75.9% | 20.6% | 7.3% |
| 5 Years | +8.47 | 0.82 | 92.6% | 74.0% | 14.7% | 6.1% |
| 7 Years | +5.54 | 0.82 | 92.6% | 74.0% | 10.3% | 4.3% |
| 10 Years | +3.45 | 0.82 | 92.6% | 74.0% | 7.1% | 3.0% |
| 12 Years | +2.65 | 0.82 | 92.6% | 74.0% | 5.9% | 2.5% |
| 15 Years | +1.86 | 0.82 | 92.6% | 74.0% | 4.7% | 2.0% |
64
Total Holdings
29.7%
Top 10 Weight
20
Sectors
| # | Stock | % of NAV |
|---|---|---|
| 1 | Maruti Suzuki India Ltd. | 4.61% |
| 2 | ICICI Bank Ltd. | 4.61% |
| 3 | Axis Bank Ltd. | 3.06% |
| 4 | Computer Age Management Services Ltd. | 2.76% |
| 5 | 360 One Wam Ltd. | 2.65% |
| 6 | TVS Motor Company Ltd. | 2.63% |
| 7 | Eternal Ltd. | 2.54% |
| 8 | Sagility India Ltd | 2.36% |
| 9 | Dr. Reddy's Laboratories Ltd. | 2.26% |
| 10 | Tata Motors Passenger Vehicles Ltd. | 2.18% |