ICICI Prudential Innovation Fund Regular Growth is a mutual fund scheme from ICICI Prudential Asset Management Co Ltd. The fund was launched on 2 May 2023 and is managed by Vaibhav Dusad and Sharmila D’mello. As of 15 October 2026, the fund has an AUM of ₹7,549.12 Cr and its latest NAV is ₹18.70. The fund has a Very High Risk risk rating.
The fund allows minimum SIP of ₹100 and lumpsum investment starting from ₹5,000.
The fund primarily invests in Healthcare, Consumer Cyclical, and Financial Services and its top holdings include ICICI Bank Ltd, Eternal Ltd, Axis Bank Ltd, Bharti Hexacom Ltd, and Computer Age Management Services Ltd Ordinary Shares. The fund has delivered -0.3% returns over the last 1 year, 16.3% annualised returns over 3 years, and 19.7% annualised returns since inception.
ICICI Prudential Innovation Fund Regular Growth may be suitable for investors looking for long-term wealth creation and who are comfortable with Very High Risk risk.






