What stocks does ICICI Prudential Innovation Fund hold?

ICICI Prudential Innovation Fund holds a portfolio of Indian equity stocks disclosed monthly by ICICI Prudential Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages ICICI Prudential Innovation Fund?

ICICI Prudential Innovation Fund is managed by ICICI Prudential Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is ICICI Prudential Innovation Fund?

ICICI Prudential Innovation Fund is classified as a Equity mutual fund under SEBI's mutual fund categorisation framework.

How often is ICICI Prudential Innovation Fund portfolio data updated?

Portfolio holdings for ICICI Prudential Innovation Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

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ICICI Prudential Innovation Fund - Direct Plan - Growth

Equity Data as of May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹7,159.63 Cr

Equity only, excl. debt & cash

Top 5 Weight

17.7%

Diversified

Top 10 Weight

29.7%

Diversified

Changes

14 new · 4 exits

Top Sector

Pharmaceuticals & Biotechnology

10.4% of portfolio

📋 What Happened This Month ICICI Prudential Innovation Fund made 14 new additions and exited 4 stocks this month. The biggest new buy was Cummins India Limited (Industrial Products) at 1.26% weight. Reliance Industries Limited was the biggest exit (Petroleum Products), which was held at 1.04%. Among existing holdings, Dr. Reddy's Laboratories Limited saw the biggest increase — now at 2.26% of the portfolio. Supreme Industries Limited was trimmed the most, now at 1.19%. Maruti Suzuki India Limited remains the top holding with Pharmaceuticals & Biotechnology the dominant sector at 10.4%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · ICICI Prudential Innovation Fund - Direct Plan - Growth

+1.56%

+11.91%

-1.61%

+3.66%

Latest NAV

₹19.54

24 Jun 2026

52W High

₹20.22

-3% from High

52W Low

₹15.98

+22% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+12.0%

2024

+30.1%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

24.4%

+ve in 100% windows

67.6% / -0.5%

3Y Rolling Avg

23.7% p.a.

+ve in 100% windows

24.7% / 22.9%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-16.5%

Rec: Aug 2025 (8 mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

Pre-inception

Rec: N/A

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

1.48

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

2.13

Penalises downside volatility only.

Std Deviation (3Y)

12.3%

Lower = more consistent returns.

NAV Chart ₹19.54 24 Jun 2026

Simple Moving Avg: Click to draw · click again to remove

ICICI Prudential Innovation Fund - Direct Plan - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹19.54

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Pharmaceuticals & Biotechnology	8.5%	10.6%	▲ +2.0%
Retailing	6.5%	9.7%	▲ +3.2%
Automobiles	8.9%	9.6%	▲ +0.7%
Banks	10.9%	7.8%	▼ -3.1%
IT - Software	3.5%	7.5%	▲ +4.0%
Healthcare Services	1.9%	7.1%	▲ +5.3%
Capital Markets	0.0%	6.3%	▲ +6.3%
Industrial Products	4.2%	4.6%	▲ +0.4%
Telecom - Services	2.5%	4.0%	▲ +1.6%
Consumer Durables	2.7%	3.4%	▲ +0.7%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Pharmaceuticals & Biotechnology	10.6%	10.4%	▼ -0.2%
Automobiles	9.6%	10.1%	▲ +0.5%
Retailing	9.7%	9.7%	● -0.1%
IT - Software	7.5%	8.6%	▲ +1.0%
Banks	7.8%	7.7%	▼ -0.2%
Capital Markets	6.3%	7.1%	▲ +0.8%
Healthcare Services	7.1%	5.9%	▼ -1.3%
Industrial Products	4.6%	4.4%	▼ -0.2%
Consumer Durables	3.4%	4.0%	▲ +0.5%
Telecom - Services	4.0%	3.9%	▼ -0.2%

🟢

Biggest New Buy

Cummins India Limited

1.26% weight · Industrial Products

🔴

Biggest Exit

Reliance Industries Limited

1.04% was held · Petroleum Products

↑

Biggest Add

Dr. Reddy's Laboratories Limited

+0.82% · now 2.26%

↓

Biggest Trim

Supreme Industries Limited

-1.32% · now 1.19%

🤝 Other funds also bought this month

Cummins India Limited 29 funds

CG Power and Industrial Solutions Limited 27 funds

Angel One Limited 26 funds

GE Vernova T&D India Limited 22 funds

Hyundai Motor India Ltd 19 funds

AIA Engineering Limited 14 funds

👋 Other funds also exited

Reliance Industries Limited 17 funds

HDFC Life Insurance Company Limited 16 funds

Pidilite Industries Limited 4 funds

Timken India Limited 3 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 14 New Entries 🔴 4 Exits ↑ 16 Increased ↓ 35 Decreased

#	Stock	Sector	Weight (May 2026)
1	Cummins India Limited ₹94.10 Cr	Industrial Products	1.26%
2	GE Vernova T&D India Limited ₹89.13 Cr	Electrical Equipment	1.20%
3	Pine Labs Limited ₹82.89 Cr	Financial Technology (Fintech)	1.11%
4	Black Buck Ltd ₹79.69 Cr	Transport Services	1.07%
5	Hyundai Motor India Ltd ₹51.95 Cr	Automobiles	0.70%
6	Wework India Management Limited ₹47.74 Cr	Commercial Services & Supplies	0.64%
7	Safari Industries India Ltd ₹46.40 Cr	Consumer Durables	0.62%
8	Angel One Limited ₹37.95 Cr	Capital Markets	0.51%
9	AstraZeneca Pharma India Limited ₹34.53 Cr	Pharmaceuticals & Biotechnology	0.46%
10	CG Power and Industrial Solutions Limited ₹31.20 Cr	Electrical Equipment	0.42%
11	Rategain Travel Technologies Limited ₹30.99 Cr	IT - Software	0.42%
12	AIA Engineering Limited ₹29.27 Cr	Industrial Products	0.39%
13	Clean Max Enviro Energy Solutions Limited # ₹10.26 Cr	Power	0.14%
14	Alkem Laboratories Limited ₹10.07 Cr	Pharmaceuticals & Biotechnology	0.14%

#	Stock	Sector	Last Weight (Apr 2026)
1	Reliance Industries Limited ₹75.83 Cr	Petroleum Products	1.04%
2	Timken India Limited ₹47.14 Cr	Industrial Products	0.65%
3	HDFC Life Insurance Company Limited ₹46.29 Cr	Insurance	0.63%
4	Pidilite Industries Limited ₹42.28 Cr	Chemicals & Petrochemicals	0.58%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Dr. Reddy's Laboratories Limited ₹168.34 Cr	Pharmaceuticals & Biotechnology	1.44%	2.26%	+0.82%
2	Multi Commodity Exchange of India Limited ₹88.64 Cr	Capital Markets	0.85%	1.19%	+0.34%
3	Hexaware Technologies Limited ₹150.07 Cr	IT - Software	1.72%	2.01%	+0.29%
4	KEI Industries Limited ₹84.32 Cr	Industrial Products	0.93%	1.13%	+0.20%
5	MedPlus Health Services Limited ₹86.39 Cr	Retailing	0.98%	1.16%	+0.18%
6	Sagility Limited ₹176.24 Cr	IT - Services	2.19%	2.36%	+0.17%
7	TVS Motor Company Limited ₹195.79 Cr	Automobiles	2.47%	2.63%	+0.16%
8	LG Electronics India Ltd ₹121.33 Cr	Consumer Durables	1.47%	1.63%	+0.16%
9	Thyrocare Technologies Limited ₹86.72 Cr	Healthcare Services	1.00%	1.16%	+0.16%
10	Capillary Technologies India Limited ₹80.96 Cr	IT - Software	0.93%	1.09%	+0.16%
11	Coforge Limited ₹161.19 Cr	IT - Software	2.02%	2.16%	+0.14%
12	360 One WAM Limited ₹197.23 Cr	Capital Markets	2.53%	2.65%	+0.12%
13	Mphasis Limited ₹130.63 Cr	IT - Software	1.64%	1.75%	+0.11%
14	Maruti Suzuki India Limited ₹343.84 Cr	Automobiles	4.51%	4.61%	+0.10%
15	Cohance Lifesciences Limited ₹90.07 Cr	Pharmaceuticals & Biotechnology	1.15%	1.21%	+0.06%
16	TD Power Systems Limited ₹26.94 Cr	Electrical Equipment	0.32%	0.36%	+0.04%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Supreme Industries Limited ₹88.53 Cr	Industrial Products	2.51%	1.19%	-1.32%
2	Mankind Pharma Limited ₹146.28 Cr	Pharmaceuticals & Biotechnology	3.05%	1.96%	-1.09%
3	Apollo Hospitals Enterprise Limited ₹105.43 Cr	Healthcare Services	2.37%	1.41%	-0.96%
4	NTPC Limited ₹154.14 Cr	Power	2.75%	2.07%	-0.68%
5	Tata Motors Passenger Vehicles Limited ₹162.38 Cr	Automobiles	2.60%	2.18%	-0.42%
6	ZF Commercial Vehicle Control Systems India Limited ₹145.32 Cr	Auto Components	2.36%	1.95%	-0.41%
7	ITC Hotels Limited ₹32.82 Cr	Leisure Services	0.80%	0.44%	-0.36%
8	Triveni Turbine Limited ₹44.93 Cr	Electrical Equipment	0.95%	0.60%	-0.35%
9	Biocon Limited ₹95.50 Cr	Pharmaceuticals & Biotechnology	1.61%	1.28%	-0.33%
10	Larsen & Toubro Limited ₹99.82 Cr	Construction	1.62%	1.34%	-0.28%
11	Vijaya Diagnostic Centre Limited ₹138.62 Cr	Healthcare Services	2.10%	1.86%	-0.24%
12	Blue Star Limited ₹126.45 Cr	Consumer Durables	1.94%	1.70%	-0.24%
13	Max Healthcare Institute Limited ₹107.79 Cr	Healthcare Services	1.66%	1.45%	-0.21%
14	Emmvee Photovoltaic Power Ltd ₹50.59 Cr	Electrical Equipment	0.88%	0.68%	-0.20%
15	Divi's Laboratories Limited ₹104.13 Cr	Pharmaceuticals & Biotechnology	1.59%	1.40%	-0.19%
16	Computer Age Management Services Limited ₹205.81 Cr	Capital Markets	2.90%	2.76%	-0.14%
17	Swiggy Limited ₹147.96 Cr	Retailing	2.13%	1.99%	-0.14%
18	Oil & Natural Gas Corporation Limited ₹65.69 Cr	Oil	1.02%	0.88%	-0.14%
19	ICICI Bank Limited ₹343.94 Cr	Banks	4.74%	4.61%	-0.13%
20	Bharti Airtel Limited ₹150.62 Cr	Telecom - Services	2.13%	2.02%	-0.11%
21	KSB Limited ₹31.69 Cr	Industrial Products	0.54%	0.43%	-0.11%
22	Oil India Limited ₹133.32 Cr	Oil	1.88%	1.79%	-0.09%
23	Godrej Consumer Products Limited ₹110.80 Cr	Personal Products	1.58%	1.49%	-0.09%
24	Brainbees Solutions Ltd ₹76.63 Cr	Retailing	1.12%	1.03%	-0.09%
25	Container Corporation of India Limited ₹57.96 Cr	Transport Services	0.87%	0.78%	-0.09%
26	Zensar Technologies Limited ₹85.31 Cr	IT - Software	1.22%	1.14%	-0.08%
27	Bharti Hexacom Limited ₹136.20 Cr	Telecom - Services	1.90%	1.83%	-0.07%
28	EQ - IVALUE INFOSOLUTIONS LIMITED ₹65.00 Cr	IT - Hardware	0.94%	0.87%	-0.07%
29	Hindustan Aeronautics Limited ₹136.44 Cr	Aerospace & Defense	1.89%	1.83%	-0.06%
30	Sun Pharmaceutical Industries Limited ₹124.79 Cr	Pharmaceuticals & Biotechnology	1.72%	1.67%	-0.05%
31	AMAGI MEDIA LABS LTD ₹71.40 Cr	IT - Services	1.01%	0.96%	-0.05%
32	Axis Bank Limited ₹228.37 Cr	Banks	3.09%	3.06%	-0.03%
33	Eternal Limited ₹189.20 Cr	Retailing	2.56%	2.54%	-0.02%
34	UNO Minda Limited ₹33.05 Cr	Auto Components	0.46%	0.44%	-0.02%
35	Aditya Vision Ltd ₹77.81 Cr	Retailing	1.05%	1.04%	-0.01%

What Stocks Does This Fund Hold?

68 stocks — May 2026

#	Stock	Sector	Weight & Value
1	Maruti Suzuki India Limited ₹343.84 Cr	Automobiles	4.61%
2	ICICI Bank Limited ₹343.94 Cr	Banks	4.61%
3	Axis Bank Limited ₹228.37 Cr	Banks	3.06%
4	Computer Age Management Services Limited ₹205.81 Cr	Capital Markets	2.76%
5	360 One WAM Limited ₹197.23 Cr	Capital Markets	2.65%
6	TVS Motor Company Limited ₹195.79 Cr	Automobiles	2.63%
7	Eternal Limited ₹189.20 Cr	Retailing	2.54%
8	Sagility Limited ₹176.24 Cr	IT - Services	2.36%
9	Dr. Reddy's Laboratories Limited ₹168.34 Cr	Pharmaceuticals & Biotechnology	2.26%
10	Tata Motors Passenger Vehicles Limited ₹162.38 Cr	Automobiles	2.18%
11	Coforge Limited ₹161.19 Cr	IT - Software	2.16%
12	NTPC Limited ₹154.14 Cr	Power	2.07%
13	Bharti Airtel Limited ₹150.62 Cr	Telecom - Services	2.02%
14	Hexaware Technologies Limited ₹150.07 Cr	IT - Software	2.01%
15	Swiggy Limited ₹147.96 Cr	Retailing	1.99%
16	Mankind Pharma Limited ₹146.28 Cr	Pharmaceuticals & Biotechnology	1.96%
17	ZF Commercial Vehicle Control Systems India Limited ₹145.32 Cr	Auto Components	1.95%
18	Info Edge (India) Limited ₹140.75 Cr	Retailing	1.89%
19	Vijaya Diagnostic Centre Limited ₹138.62 Cr	Healthcare Services	1.86%
20	Hindustan Aeronautics Limited ₹136.44 Cr	Aerospace & Defense	1.83%
21	Bharti Hexacom Limited ₹136.20 Cr	Telecom - Services	1.83%
22	Oil India Limited ₹133.32 Cr	Oil	1.79%
23	Mphasis Limited ₹130.63 Cr	IT - Software	1.75%
24	Blue Star Limited ₹126.45 Cr	Consumer Durables	1.70%
25	Sun Pharmaceutical Industries Limited ₹124.79 Cr	Pharmaceuticals & Biotechnology	1.67%
26	LG Electronics India Ltd ₹121.33 Cr	Consumer Durables	1.63%
27	Godrej Consumer Products Limited ₹110.80 Cr	Personal Products	1.49%
28	Max Healthcare Institute Limited ₹107.79 Cr	Healthcare Services	1.45%
29	Apollo Hospitals Enterprise Limited ₹105.43 Cr	Healthcare Services	1.41%
30	Divi's Laboratories Limited ₹104.13 Cr	Pharmaceuticals & Biotechnology	1.40%
31	Larsen & Toubro Limited ₹99.82 Cr	Construction	1.34%
32	Biocon Limited ₹95.50 Cr	Pharmaceuticals & Biotechnology	1.28%
33	Cummins India Limited ₹94.10 Cr	Industrial Products	1.26%
34	Cohance Lifesciences Limited ₹90.07 Cr	Pharmaceuticals & Biotechnology	1.21%
35	GE Vernova T&D India Limited ₹89.13 Cr	Electrical Equipment	1.20%
36	Supreme Industries Limited ₹88.53 Cr	Industrial Products	1.19%
37	Multi Commodity Exchange of India Limited ₹88.64 Cr	Capital Markets	1.19%
38	Thyrocare Technologies Limited ₹86.72 Cr	Healthcare Services	1.16%
39	MedPlus Health Services Limited ₹86.39 Cr	Retailing	1.16%
40	Zensar Technologies Limited ₹85.31 Cr	IT - Software	1.14%
41	KEI Industries Limited ₹84.32 Cr	Industrial Products	1.13%
42	Pine Labs Limited ₹82.89 Cr	Financial Technology (Fintech)	1.11%
43	Capillary Technologies India Limited ₹80.96 Cr	IT - Software	1.09%
44	Black Buck Ltd ₹79.69 Cr	Transport Services	1.07%
45	Aditya Vision Ltd ₹77.81 Cr	Retailing	1.04%
46	Brainbees Solutions Ltd ₹76.63 Cr	Retailing	1.03%
47	AMAGI MEDIA LABS LTD ₹71.40 Cr	IT - Services	0.96%
48	Oil & Natural Gas Corporation Limited ₹65.69 Cr	Oil	0.88%
49	EQ - IVALUE INFOSOLUTIONS LIMITED ₹65.00 Cr	IT - Hardware	0.87%
50	Container Corporation of India Limited ₹57.96 Cr	Transport Services	0.78%
51	Hyundai Motor India Ltd ₹51.95 Cr	Automobiles	0.70%
52	Emmvee Photovoltaic Power Ltd ₹50.59 Cr	Electrical Equipment	0.68%
53	Wework India Management Limited ₹47.74 Cr	Commercial Services & Supplies	0.64%
54	Safari Industries India Ltd ₹46.40 Cr	Consumer Durables	0.62%
55	Triveni Turbine Limited ₹44.93 Cr	Electrical Equipment	0.60%
56	Suzlon Energy Limited ₹41.15 Cr	Electrical Equipment	0.55%
57	Aequs Limited ₹38.19 Cr	Aerospace & Defense	0.51%
58	Angel One Limited ₹37.95 Cr	Capital Markets	0.51%
59	AstraZeneca Pharma India Limited ₹34.53 Cr	Pharmaceuticals & Biotechnology	0.46%
60	UNO Minda Limited ₹33.05 Cr	Auto Components	0.44%
61	ITC Hotels Limited ₹32.82 Cr	Leisure Services	0.44%
62	KSB Limited ₹31.69 Cr	Industrial Products	0.43%
63	CG Power and Industrial Solutions Limited ₹31.20 Cr	Electrical Equipment	0.42%
64	Rategain Travel Technologies Limited ₹30.99 Cr	IT - Software	0.42%
65	AIA Engineering Limited ₹29.27 Cr	Industrial Products	0.39%
66	TD Power Systems Limited ₹26.94 Cr	Electrical Equipment	0.36%
67	Clean Max Enviro Energy Solutions Limited # ₹10.26 Cr	Power	0.14%
68	Alkem Laboratories Limited ₹10.07 Cr	Pharmaceuticals & Biotechnology	0.14%