• 1 Year Returns: -5.75%
• 3 Year Returns: 11.97%

• IT Services & Consulting | 12.31%
• Pharmaceuticals | 9.76%
• Four Wheelers | 8.18%
• Private Banks | 8.09%
• Others | 7.93%

• Maruti Suzuki India Ltd | 5.20%
• ICICI Bank Ltd | 4.95%
• TREPS | 3.42%
• Axis Bank Ltd | 3.14%
• Computer Age Management Services Ltd | 2.72%

• Equity | 95.97%
• Cash & Equivalents | 2.94%
• Treasury Bills | 1.06%
• Pref Shares | 0.03%

The alpha ratio for the ICICI Pru Innovation Fund-Reg(IDCW) is 1.67

Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

The volatility or standard deviation for the ICICI Pru Innovation Fund-Reg(IDCW) is 13.05

Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

The Sharpe ratio for the ICICI Pru Innovation Fund-Reg(IDCW) is -0.02

The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

The Sortino Ratio for the ICICI Pru Innovation Fund-Reg(IDCW) is -0.00

The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.