ICICI Prudential Innovation Fund Direct-Growth
Equity: Thematic-Innovation - Growth (Open ended) Factsheet
SEBI Riskometer: Very HighCategory: Equity: Thematic-InnovationBenchmark: NIFTY 500 Total Return Index
NAV: ₹19.88+0.20%
07 Jul 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for ICICI Prudential Innovation Fund Direct-Growth.
Market Cap Distribution
Large Cap (42.8%)
Mid Cap (29.0%)
Small Cap (28.3%)
Historical Asset Allocation
| Asset | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Equity | 97.48% | 97.46% | 98.11% | 98.05% | 96.84% | 97.70% |
| Debt | 1.08% | 0.34% | 1.10% | 0.99% | 0.65% | 0.11% |
| Others (incl. cash) | 1.44% | 2.20% | 0.79% | 0.95% | 2.51% | 2.20% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Portfolio Snapshot
No. of Securities
72
P/E Ratio
22.42
P/B Ratio
4.30
Top Holding %
4.61%
Top 5 Holdings %
17.70%
Top 10 Holdings %
29.67%
AUM
₹7,453 Cr
Expense Ratio
1.22%
Since Inception
23.96%
Max Drawdown
-0.17%
Alpha
8.02%
Sharpe Ratio
0.98
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 27,37,499 | 343.94 | 4.61% | -0.13%↓ |
| Maruti Suzuki India Ltd. | Automobile | 2,61,930 | 343.84 | 4.61% | 0.10%↑ |
| Axis Bank Ltd. | Financial | 17,74,951 | 228.37 | 3.06% | -0.02%↓ |
| Computer Age Management Services Ltd. | Services | 26,00,221 | 205.81 | 2.76% | -0.14%↓ |
| 360 One Wam Ltd. | Financial | 17,85,661 | 197.23 | 2.65% | 0.11%↑ |
| TVS Motor Company Ltd. | Automobile | 5,83,464 | 195.79 | 2.63% | 0.16%↑ |
| Eternal Ltd. | Services | 75,50,453 | 189.2 | 2.54% | -0.02%↓ |
| Sagility Ltd. | Services | 4,29,43,901 | 176.24 | 2.36% | 0.18%↑ |
| Dr. Reddys Laboratories Ltd. | Healthcare | 12,91,451 | 168.34 | 2.26% | 0.82%↑ |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 41,22,435 | 162.38 | 2.18% | -0.42%↓ |
| Coforge Ltd. | Technology | 11,33,681 | 161.19 | 2.16% | 0.14%↑ |
| NTPC Ltd. | Energy | 39,83,939 | 154.14 | 2.07% | -0.69%↓ |
| Bharti Airtel Ltd. | Communication | 8,23,532 | 150.62 | 2.02% | -0.11%↓ |
| Hexaware Technologies Ltd. | Technology | 29,54,121 | 150.07 | 2.01% | 0.29%↑ |
| Swiggy Ltd. | Services | 57,37,055 | 147.96 | 1.99% | -0.14%↓ |
| Mankind Pharma Ltd. | Healthcare | 6,15,751 | 146.28 | 1.96% | -1.09%↓ |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | 99,029 | 145.32 | 1.95% | -0.41%↓ |
| Info Edge (India) Ltd. | Services | 14,14,570 | 140.75 | 1.89% | 0.00%↑ |
| Vijaya Diagnostic Centre Ltd. | Healthcare | 10,59,347 | 138.62 | 1.86% | -0.24%↓ |
| Hindustan Aeronautics Ltd. | Capital Goods | 3,17,025 | 136.44 | 1.83% | -0.06%↓ |
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Sector-wise Portfolio Allocation
Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.
| Sector | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Healthcare | 17.42% | 19.23% | 15.43% | 16.03% | 16.36% | 13.53% |
| Services | 16.70% | 15.74% | 14.18% | 14.31% | 15.07% | 14.08% |
| Automobile | 12.66% | 12.43% | 11.77% | 12.01% | 11.73% | 10.66% |
| Financial | 11.95% | 10.37% | 10.85% | 10.64% | 10.14% | 11.01% |
| Technology | 10.92% | 9.99% | 10.35% | 11.07% | 9.39% | 10.76% |
| Capital Goods | 7.60% | 4.88% | 5.23% | 6.58% | 5.91% | 5.28% |
| Energy | 5.55% | 7.58% | 7.22% | 5.06% | 5.27% | 4.80% |
| Consumer Discretionary | 4.98% | 4.52% | 4.83% | 5.81% | 5.73% | 5.79% |
| Communication | 3.85% | 4.03% | 3.42% | 2.01% | 2.51% | 4.44% |
| Construction | 1.94% | 2.57% | 4.05% | 4.23% | 3.19% | 3.58% |
| Consumer Staples | 1.49% | 1.58% | 1.92% | 2.01% | 2.10% | 2.41% |
| Materials | 1.19% | 2.51% | 3.48% | 2.88% | 3.19% | 3.39% |
| Others | 0.85% | 0.83% | 1.45% | 1.33% | 1.68% | 1.68% |
| Metals & Mining | 0.39% | - | - | - | - | 0.98% |
| Insurance | - | 0.63% | 1.79% | 1.97% | 2.27% | 2.62% |
| Chemicals | - | 0.58% | 2.15% | 2.12% | 2.29% | 2.68% |
Equity Insights
A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.
Style Analysis
Value score
42.9 / 100
Weighted average Value score is 42.9. This indicates that portfolio is relatively reasonably valued using composite of value measures.
Price Momentum score
61.5 / 100
Weighted average Price Momentum score is 61.5. This indicates that portfolio has average momentum using composite of momentum measures.
Quality score
77.0 / 100
Weighted average Quality score is 77.0. This indicates that portfolio has high quality using composite of quality measures.
QVM score
68.3 / 100
Weighted average QVM score is 68.3. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.
Red Flags
Frequently Asked Questions
What are the top holdings of ICICI Prudential Innovation Fund Direct-Growth?
The top holdings of ICICI Prudential Innovation Fund Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.
How many stocks does ICICI Prudential Innovation Fund Direct-Growth hold in its portfolio?
ICICI Prudential Innovation Fund Direct-Growth holds 72 securities in its portfolio. The top 5 holdings account for 17.70% of the portfolio and the top 10 for 29.67%.
What is the sector allocation of ICICI Prudential Innovation Fund Direct-Growth?
The sector allocation of ICICI Prudential Innovation Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.
What is the equity and debt allocation of ICICI Prudential Innovation Fund Direct-Growth?
As of 31 May 2026, ICICI Prudential Innovation Fund Direct-Growth has 97.48% in equity, 1.08% in debt and 1.44% in cash/others. This asset mix determines the fund's overall risk-return profile.
What is the market cap allocation of ICICI Prudential Innovation Fund Direct-Growth?
ICICI Prudential Innovation Fund Direct-Growth's equity portfolio — Large Cap: 42.78%, Mid Cap: 28.95%, Small Cap: 28.27%. Market cap allocation determines the fund's risk profile — large cap offers stability while mid and small cap offer higher growth potential with higher volatility.
Is ICICI Prudential Innovation Fund Direct-Growth a concentrated or diversified fund?
ICICI Prudential Innovation Fund Direct-Growth holds 72 securities, with the top 10 accounting for 29.67% of the portfolio and the top 5 for 17.70%. This is a moderately diversified fund balancing conviction positions with risk spread.
What is the credit quality of ICICI Prudential Innovation Fund Direct-Growth?
The credit quality breakdown of ICICI Prudential Innovation Fund Direct-Growth's debt portfolio is in the Credit Rating section. For equity-oriented funds, this section may not be applicable.
How often does ICICI Prudential Innovation Fund Direct-Growth change its portfolio?
The portfolio currently holds 72 securities with the top 10 accounting for 29.67% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.
What is the PE ratio of ICICI Prudential Innovation Fund Direct-Growth's portfolio?
The weighted average PE ratio of ICICI Prudential Innovation Fund Direct-Growth's portfolio is 22.42 and the PB ratio is 4.30. These metrics reflect the overall valuation and interest rate sensitivity of the portfolio.
When is the latest portfolio disclosure for ICICI Prudential Innovation Fund Direct-Growth?
The latest portfolio disclosure for ICICI Prudential Innovation Fund Direct-Growth is as of 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.