ICICI PRUDENTIAL INNOVATION FUND REGULAR PLAN IDCW PAYOUT

ICICI PRUDENTIAL INNOVATION FUND REGULAR PLAN IDCW PAYOUT is a scheme launched by ICICI Mutual Fund on April 28, 2023, and falls under the Other Themes fund category. It currently manages an AUM of Rs 7,125.32 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 5000. It charges an expense ratio of 1.83% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  ICICI PRUDENTIAL INNOVATION FUND REGULAR PLAN IDCW PAYOUT trailing returns over different times are -5.6% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at -1.6%.