person holding light bulb

ICICI Prudential Innovation Fund NFO

ICIC Pru Mutual Fund launched a new thematic fund.

Pabitra Kumar Moharana

April 6th  2023

low angle photography of drop lights

Opening Date:  10th April 2023  Closing Date:  24th April 2023 

ICICI Prudential Innovation Fund NFO Opening & Closing Dates

eyeglasses during golden hour

Minimum Investment:  INR 5000  Minimum Additional Purchase: INR 1000  Exit Load: 0-1%   Suitability: Very High Risk  Benchmark: Nifty 500 TRI

Investment Details

brown cardboard box with yellow light

Asset Allocation

Equity and Equity Related Securities Covered by 80% - 100%

Maximum Debt and Money Market Instruments Covered by 20% - 0%

Other Equity by 20% - 0%

REITs and InvITs by 10% - 0%

person jumping on big rock under gray and white sky during daytime

Risk Profile

Very high-risk investment ICICI Prudential Innovation Fund is a thematic fund and benchmarked to Nifty 500 TRI

man wearing black notched lapel suit jacket in focus photography

Fund Managers

ICICI Prudential Innovation Fund will be managed by three fund managers. Mr Anish Tawakley Mr Vaibhav Dusad Ms Sharmila D’mello

three paper rolls in basket on table with table lamp that is turned on

Plans Available

ICICI Prudential Innovation Fund – Growth Option Direct & Regular ICICI Prudential Innovation Fund – IDCW (Payout & Re-investment facility) Direct & Regular

man holding 1 US dollar banknote

 To generate long-term capital appreciation by predominantly investing in equity & equity-related securities of companies and units of global mutual funds/ETFs.

Investment Objective