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ICICI Prudential Equity Minimum Variance Fund
Get the latest NAV of ICICI Prudential Equity Minimum Variance Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹10.32
1D
NAV as on 12 Mar 2026
2.53%/per year
Since Inception
▲▼
404 people have invested ₹ 60.9L in ICICI Prudential Equity Minimum Variance Fund in the last three months
ICICI Prudential Equity Minimum Variance Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (12-Mar-26)
The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.
Peer comparison
ICICI Prudential Equity Minimum Variance Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
ICICI Prudential Equity Minimum Variance Fund Asset Allocation
See fund asset allocation details as on (14-Feb-26)
Fund Distribution
as on (14-Feb-26)
ICICI Prudential Equity Minimum Variance Fund Sector Allocation
See fund sector allocation details as on (14-Feb-26)
Sector Allocation
Top 3 Sectors in January were Financial Services, Government & Consumer Cyclical
Financial Services
32%
Consumer Cyclical
13%
Consumer Defensive
10%
Financial Services
32%
Government
14%
Consumer Cyclical
13%
ICICI Prudential Equity Minimum Variance Fund Holdings Details
as on (28-Feb-26)
ICICI Prudential Equity Minimum Variance Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.8% |
Benchmark | Nifty 50 TR INR |
| AUM | ₹3513 Cr |
| Inception Date | 6 December, 2024 |
| Min Lumpsum/SIP | ₹5,000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 16.37% |
| Risk |   Very High Risk |
About ICICI Prudential Equity Minimum Variance Fund
ICICI Prudential Equity Minimum Variance Fund is an equity fund. This fund was started on 6 December, 2024. The fund is managed by Aatur Shah, Nitya Mishra. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Equity Minimum Variance Fund has ₹3513 Cr worth of assets under management (AUM) as on Feb 2026 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
ICICI Prudential Equity Minimum Variance Fund has given a CAGR return of 2.53% since inception. Over the last 1 year the fund has given a CAGR return of 8.98%.
Holdings
ICICI Prudential Equity Minimum Variance Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Consumer Defensive, Health, Tech, Basic Materials, Energy, Utilities, Communication, Industrial, Real Estate. Its top holdings are ICICI Bank Ltd, Reliance Industries Ltd, HDFC Bank Ltd, HDFC Life Insurance Co Ltd, Hindustan Unilever Ltd
Taxation
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of ICICI Prudential Equity Minimum Variance Fund
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Equity Minimum Variance Fund has no lock in period.
Fund Manager
Aatur Shah
Fund Manager of ICICI Prudential Equity Minimum Variance Fund, since 5 February 2026
Nitya Mishra
Fund Manager of ICICI Prudential Equity Minimum Variance Fund, since 6 December 2024
- AUM of the fund stands at 3.7K Cr as of Jan'26
- AUM decreased by 158.1 Cr between Jan'26 and Dec'25
Frequently Asked Questions for ICICI Prudential Equity Minimum Variance Fund
How do I invest in ICICI Prudential Equity Minimum Variance Fund?
- Download the INDmoney app.
- Search for ‘ICICI Prudential Equity Minimum Variance Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.