• 1 Year Returns: -2.30%

• IT Services & Consulting | 14.71%
• Pharmaceuticals | 13.08%
• Others | 9.42%
• Private Banks | 8.15%
• Four Wheelers | 5.70%

• ICICI Bank Ltd | 5.06%
• Bharti Airtel Ltd. - Partly Paid Share | 4.66%
• Infosys Ltd | 4.24%
• Maruti Suzuki India Ltd | 3.14%
• Axis Bank Ltd | 3.09%

• Equity | 92.04%
• Rights | 4.66%
• Cash & Equivalents | 3.07%
• Treasury Bills | 0.20%
• Pref Shares | 0.03%

The alpha ratio for the ICICI Pru Innovation Fund-Reg(IDCW) is 11.10

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 12.30

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 0.19

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 0.02

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.