ICICI Prudential Innovation Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
| 1 Year | 3 Year | 5 Year | 9 Year | |
| CAGR(%) | 8.59 | 19.44 | N/A | N/A |
| Average Rolling Returns(%) | 22.51 | 21.52 | N/A | N/A |
The Current NAV of ICICI Prudential Innovation Fund - Regular Plan - Growth is ₹19.36.
It is better to invest in a fund with a longer track record as ICICI Prudential Innovation Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.
ICICI Prudential Innovation Fund - Regular Plan - Growth fund’s expense ratio is 1.53%
The process for redemption is
The AUM of ICICI Prudential Innovation Fund - Regular Plan - Growth is currently ₹8,012 Crores.
The Top three stocks are ICICI Bank, Eternal and Maruti Suzuki India and account for 12% of its portfolio. Top 5 and 10 stocks of fund account for 18% and 30% of fund’s portfolio respectively.
Top three sectors of ICICI Prudential Innovation Fund - Regular Plan - Growth fund are Healthcare, Auto and BFSI accounting for 45% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Thematic Fund - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of ICICI Prudential Innovation Fund - Regular Plan - Growth Fund is Equity - Thematic Fund - Other.
Vaibhav Dusad manages the ICICI Prudential Innovation Fund - Regular Plan - Growth Fund.
ICICI Prudential Innovation Fund - Regular Plan - Growth current PE ratio is 47.16 and PB ratio is 7.90
The asset allocation of ICICI Prudential Innovation Fund - Regular Plan - Growth is Stocks : 95.52%, Debt : 4.47% and Gold : 0%
The minimum SIP amount for ICICI Prudential Innovation Fund - Regular Plan - Growth is ₹100.00 and minimum lumpsum is ₹5000.00
The exit load for ICICI Prudential Innovation Fund - Regular Plan - Growth is 1% on or before 1 months, Nil after 1 months
|
Name of the IA registered
with SEBI: |
The Alchemists Ark Pvt. Ltd. |
|
Logo:
|
|
|
Trade/Brand
Name of IA: |
MoneyWorks4Me Investment Advisers |
|
Brand Logo:
|
 |
|
SEBI Registration Number:
|
INA000013323 Validity – May 16, 2019 – Perpetual |
|
Registration:
|
Non-Individual |
|
BSE Enlistment No:
|
1187 |
|
Address:
|
B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045 |
|
Compliance Officer
Details: |
Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com |
Telephone: +919860359463 Address: Same as IA |
|
Grievance Officer
Details: |
Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com |
Telephone: +919860919463 Address: Same as IA |
|
Principal Officer
Details: |
Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com |
Telephone: +919175899463 Address: Same as IA |
|
Standard Warning:
|
Investment in securities market are subject to market risks. Read all the related documents carefully before investing. |
|
|
Disclaimer:
|
Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. |
|
