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Mutual Funds

ICICI Prudential Equity Minimum Variance Fund

ICICI Prudential Equity Minimum Variance Fund icon

ICICI Prudential Equity Minimum Variance Fund

Thematic-OtherRank #47
Not Rated

NAV (2026-08-28)

10.56

AUM

₹2,836.15 Cr

Exp. Ratio: 2.94%

RISK LEVEL

Very High

Returns & Performance

1 Year1.05%10.02% vs cat avgRank #34
3 Year----
5 Year----
Since Launch3.21%11.65% vs cat avg

Fund vs Category Average

1Y
1.05%-10.02%

Pros & Cons

Pros

No lock-in period

Cons

1Y returns trail category average
3Y returns below category average
Higher expense ratio (2.94%)
1Y category rank outside top 15 (#34)
Overall rank #47 in category
Returns since launch below category avg
ISININF109KC17X3
NAV₹10.56
NAV Date2026-08-28
AUM₹2,836.15 Cr
Expense Ratio2.94%
RiskVery High
RatingNot Rated / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1993-10-12

INVESTMENT OBJECTIVE

The scheme seeks to generate long term capital appreciation by investing in Equity & Equity related instruments through a diversified basket with an aim to minimize the portfolio volatility.

Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.

Aatur Shah

Chartered Accountant, Chartered Financial Analyst (CFA) and B.Com.

He has over 10 years of experience in ICICI Prudentail AMC as Product Development & Strategy team and Research Analyst.

Top Holdings

CompanySectorAsset Value (Cr)Asset %
Reliance Industries Ltd.Energy₹281.189.91
Axis Bank Ltd.Financial₹227.468.02
Kotak Mahindra Bank Ltd.Financial₹196.376.92
HDFC Bank Ltd.Financial₹187.046.59
State Bank of IndiaFinancial₹184.936.52
Larsen & Toubro Ltd.Construction₹157.565.56
Bharti Airtel Ltd.Communication₹124.824.33
ITC Ltd.Consumer Staples₹114.344.03
ICICI Bank Ltd.Financial₹99.763.52

Frequently Asked Questions

Common questions about this fund, answered from scheme data

The latest Net Asset Value (NAV) of ICICI Prudential Equity Minimum Variance Fund is ₹10.56 as of 2026-08-28.

The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.