• 1 Year Returns: -8.90%
• 3 Year Returns: 10.26%

• Others | 10.42%
• IT Services & Consulting | 9.55%
• Private Banks | 8.23%
• Pharmaceuticals | 7.89%
• Retail - Online | 7.06%

• ICICI Bank Limited | 4.73%
• Eternal Limited | 3.97%
• Axis Bank Limited | 2.88%
• Bharti Hexacom Ltd | 2.72%
• TREPS | 2.58%

• Equity | 94.80%
• Cash & Equivalents | 4.54%
• Treasury Bills | 0.66%

The alpha ratio for the ICICI Pru Innovation Fund-Reg(IDCW) is 2.02

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 13.33

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 -0.42

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 -0.04

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.