ICICI Pru Innovation Fund
☆ Add to Watchlist
More Options
Business Overview
ICICI Pru Innovation Fund is a dynamic mutual fund designed to invest in innovative companies across diverse sectors. Ideal for investors seeking long-term growth through exposure to disruptive technologies and market leaders, this fund aims to capitalize on emerging trends in the Indian economy. With a focus on quality and sustainability, it offers a balanced approach to wealth creation.
- Invests in high-growth innovative companies
- Targets long-term capital appreciation
- Diversified exposure across sectors
- Managed by experienced professionals
- Aligns with India's economic transformation
Investment Thesis
ICICI Pru Innovation Fund stands out due to its strong promoter credibility, robust growth in digital services, and attractive valuation compared to peers. This fund is well-positioned to capitalize on emerging market trends, making it a compelling choice for investors seeking long-term growth.
- Backed by ICICI Group, known for its financial stability and strong governance.
- Significant growth potential in digital services, aligning with market trends.
- Attractive valuation metrics compared to industry peers, offering a favorable entry point.
- Focus on innovative sectors, enhancing portfolio diversification.
- Experienced management team with a proven track record in fund management.
Opportunity vs Risk
- Strong growth potential in Indian markets
- Diversification across various sectors
- Increased focus on digital innovation
- Rising demand for insurance products
- Market volatility affecting returns
- Regulatory changes impacting operations
- High competition in the sector
- Economic downturns reducing investments
-
10BusinessHighThe fund focuses on innovative sectors with potential for growth.
-
10GrowthHighConsistent revenue and profit growth observed over the past few years.
-
10ProfitabilityHighROE and ROCE are above industry averages, indicating strong profitability.
-
8ValuationHighValuation ratios are reasonable compared to peers.
-
7BalanceHighDebt levels are manageable, with adequate liquidity.
-
6GovernanceGoodPromoter holding is strong, but some concerns about pledging.
-
5DriversGoodGrowth drivers are present, but execution risks remain.
-
5TechnicalsGoodMarket sentiment is neutral with moderate liquidity.