ICICI Prudential India Opportunities Fund
Equity OpportunitiesVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹36.93+0.33%1 day
- Return since launch
- 18.0%
- 52-week range
- ₹33.33 — ₹38.22
- AUM
- ₹36,573 Cr
ICICI Prudential India Opportunities Fund is a Equity Opportunities equity fund from ICICI Prudential Mutual Fund with ₹36,573 Cr under management, launched in 2018. Over three years it has returned 6.7% a year, against 13.7% for its category. The expense ratio is 1.72% and the SEBI riskometer reading is Very High.
Performance
ICICI Prudential India Opportunities Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -0.7% against -1.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.6% | −0.6 pts | 4.1% | 5.3% |
| 2Y | 4.6% | −1.2 pts | 5.8% | 3.0% |
| 3Y | 6.7% | −7.0 pts | 13.7% | 3.6% |
| 5Y | 14.0% | +1.2 pts | 12.8% | 9.6% |
| 7Y | 19.2% | +1.2 pts | 18.0% | 12.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 7.6% | +3.9 pts | 3.8% | 4.8% |
| 3M | -0.2% | +0.9 pts | -1.0% | -0.9% |
| 6M | 3.4% | −2.1 pts | 5.5% | 4.4% |
| 1Y | -0.2% | −4.4 pts | 4.1% | -1.1% |
| 2Y | 4.4% | +1.7 pts | 2.7% | 0.1% |
| 3Y | 14.2% | +0.4 pts | 13.7% | 10.6% |
| 5Y | 15.3% | +2.5 pts | 12.8% | 9.8% |
| 7Y | 20.3% | +1.6 pts | 18.6% | 13.2% |
Since launch (26 Dec 2018): 18.0%
Calendar-year returns
Category average7.3%
49.3%
19.5%
36.2%
21.3%
13.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 13.0% | +9.8 pts | 3.2% |
| 2024 | 21.3% | −2.0 pts | 23.3% |
| 2023 | 36.2% | +0.9 pts | 35.3% |
| 2022 | 19.5% | +9.9 pts | 9.7% |
| 2021 | 49.3% | +12.3 pts | 37.0% |
| 2020 | 7.3% | −4.1 pts | 11.4% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.72%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.30%
- Brokerage
- 0.05%
- Transaction charges
- 0.00%
- Statutory levies
- 0.37%
- Exit load
- Exit load of 1% if redeemed within 1 year.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 2.89 | 4.92 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.80 | 0.97 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.54 | 0.62 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.69 | 0.84 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 12.91 | 15.96 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
ICICI Prudential India Opportunities Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity95.5%
- Debt0.9%
- Other3.6%
Market cap split
- Large71.9%
- Mid17.8%
- Small10.2%
- P/E
- 16.68
- P/B
- 2.74
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 9.00% | ₹3,281 Cr | +9.08% | +4.61% | +4.14% |
| ICICI Bank Ltd. | Financial | 5.61% | ₹2,046 Cr | +0.46% | +0.45% | +0.56% |
| Axis Bank Ltd. | Financial | 5.12% | ₹1,867 Cr | +5.36% | +4.62% | +6.49% |
| Infosys Ltd. | Technology | 4.51% | ₹1,645 Cr | +5.06% | +5.88% | +6.71% |
| Life Insurance Corporation of India | Insurance | 4.22% | ₹1,539 Cr | +0.97% | — | — |
| Others | Others | 3.60% | ₹1,314 Cr | +2.36% | +0.37% | +0.63% |
| Reliance Industries Ltd. | Energy | 3.45% | ₹1,259 Cr | +3.68% | +4.25% | +5.05% |
| SBI Life Insurance Company Ltd. | Insurance | 3.02% | ₹1,100 Cr | +2.91% | +3.26% | +2.92% |
| Bharti Airtel Ltd. | Communication | 2.98% | ₹1,088 Cr | +3.25% | +3.22% | +2.56% |
| Info Edge (India) Ltd. | Services | 2.69% | ₹979 Cr | +1.78% | +1.82% | +1.42% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 2.65% | ₹967 Cr | +0.75% | +0.78% | +0.86% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 2.60% | ₹950 Cr | +1.72% | +1.97% | +2.15% |
| Larsen & Toubro Ltd. | Construction | 2.55% | ₹931 Cr | +3.22% | +3.08% | +4.29% |
| HDFC Life Insurance Co Ltd. | Insurance | 2.47% | ₹901 Cr | +2.46% | +2.93% | +2.28% |
| Mahindra & Mahindra Ltd. | Automobile | 2.35% | ₹857 Cr | +2.39% | +2.55% | +0.97% |
| Tata Motors Ltd. | Automobile | 2.30% | ₹840 Cr | +2.39% | +2.53% | — |
| Interglobe Aviation Ltd. | Services | 2.07% | ₹757 Cr | +1.50% | +1.72% | — |
| Britannia Industries Ltd. | Consumer Staples | 2.03% | ₹739 Cr | +1.75% | +0.84% | — |
| Kotak Mahindra Bank Ltd. | Financial | 1.87% | ₹682 Cr | +0.16% | — | +0.41% |
| Hindustan Unilever Ltd. | Consumer Staples | 1.85% | ₹673 Cr | +1.94% | +2.13% | +1.38% |
| NTPC Ltd. | Energy | 1.83% | ₹666 Cr | +1.83% | +2.79% | +3.45% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.69% | ₹617 Cr | +3.62% | +3.64% | +5.10% |
| PI Industries Ltd. | Chemicals | 1.31% | ₹476 Cr | +2.77% | +2.85% | +2.89% |
| UPL Ltd. | Chemicals | 1.24% | ₹451 Cr | +1.06% | +0.47% | +0.67% |
| SBI Cards And Payment Services Ltd. | Financial | 1.21% | ₹441 Cr | +1.21% | +0.90% | — |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 1.21% | ₹440 Cr | +1.40% | +2.01% | +2.49% |
| Tata Communications Ltd. | Communication | 1.03% | ₹374 Cr | +1.03% | +1.34% | +1.62% |
| Gland Pharma Ltd. | Healthcare | 1.00% | ₹366 Cr | +1.65% | +1.60% | +1.46% |
| Trent Ltd. | Services | 1.00% | ₹363 Cr | +1.00% | +1.04% | — |
| KPIT Technologies Ltd. | Technology | 0.99% | ₹362 Cr | +0.92% | +0.44% | +0.21% |
| Ultratech Cement Ltd. | Materials | 0.99% | ₹361 Cr | +0.54% | +0.58% | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 0.98% | ₹357 Cr | +0.57% | — | — |
| TBO Tek Ltd. | Services | 0.97% | ₹352 Cr | +0.81% | +0.54% | +0.46% |
| Avenue Supermarts Ltd. | Services | 0.96% | ₹350 Cr | +0.61% | +0.88% | +1.16% |
| Swiggy Ltd. | Services | 0.95% | ₹348 Cr | +0.28% | +0.31% | — |
| Affle 3I Ltd. | Technology | 0.95% | ₹345 Cr | +0.73% | +0.80% | +0.60% |
| Tata Consultancy Services Ltd. | Technology | 0.90% | ₹327 Cr | +1.53% | +1.72% | +1.21% |
| Kalpataru Projects International Ltd. | Capital Goods | 0.78% | ₹286 Cr | +0.76% | +0.67% | +0.84% |
| Sona BLW Precision Forgings Ltd. | Automobile | 0.77% | ₹280 Cr | +0.58% | +0.51% | +0.46% |
| ICICI Life Insurance Ltd. | Insurance | 0.73% | ₹267 Cr | +0.75% | +0.25% | +0.22% |
| Cipla Ltd. | Healthcare | 0.63% | ₹229 Cr | +0.67% | +0.40% | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.59% | ₹213 Cr | +0.79% | +0.50% | — |
| Aditya Birla Lifestyle Brands Ltd. | Services | 0.56% | ₹205 Cr | +0.53% | +0.50% | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.55% | ₹202 Cr | +0.80% | +1.63% | +2.88% |
| Indian Energy Exchange Ltd. | Services | 0.54% | ₹196 Cr | +0.61% | +0.64% | +1.23% |
| Shree Cement Ltd. | Materials | 0.54% | ₹196 Cr | +0.59% | +0.33% | — |
| Jindal Steel Ltd. | Metals & Mining | 0.54% | ₹195 Cr | — | — | — |
| Apollo Tyres Ltd. | Automobile | 0.52% | ₹189 Cr | +0.50% | +0.35% | +0.17% |
| Aarti Industries Ltd. | Chemicals | 0.51% | ₹188 Cr | +0.50% | +0.48% | +0.38% |
| Indian Oil Corporation Ltd. | Energy | 0.51% | ₹188 Cr | — | — | +0.41% |
| Delhivery Ltd. | Services | 0.51% | ₹186 Cr | — | — | — |
| Brainbees Solutions Ltd. | Consumer Discretionary | 0.51% | ₹185 Cr | +0.42% | +0.45% | +0.67% |
| Bharat Petroleum Corporation Ltd. | Energy | 0.50% | ₹183 Cr | — | — | +0.25% |
| Oil India Ltd. | Energy | 0.46% | ₹168 Cr | +0.58% | +0.43% | +0.95% |
| Tata Chemicals Ltd. | Chemicals | 0.37% | ₹136 Cr | +0.43% | +0.58% | +0.86% |
| LIC Housing Finance Ltd. | Financial | 0.36% | ₹132 Cr | +0.38% | — | — |
| Eternal Ltd. | Services | 0.34% | ₹125 Cr | +0.59% | +0.15% | — |
| Mphasis Ltd. | Technology | 0.33% | ₹119 Cr | +0.32% | +0.35% | — |
| Chambal Fertilisers and Chemicals Ltd. | Chemicals | 0.28% | ₹103 Cr | +0.27% | +0.28% | — |
| Reserve Bank of India | Financial | 0.27% | ₹99.29 Cr | +0.12% | +0.68% | +0.64% |
| CIE Automotive India Ltd. | Metals & Mining | 0.24% | ₹87.51 Cr | +0.28% | +0.31% | +0.30% |
| KEC International Ltd. | Capital Goods | 0.24% | ₹86.85 Cr | +0.32% | +0.36% | — |
| Cohance Lifesciences Ltd. | Healthcare | 0.23% | ₹82.32 Cr | +0.29% | +0.28% | — |
| Bajaj Finserv Ltd. | Financial | 0.23% | ₹82.21 Cr | +1.11% | — | — |
| PB Fintech Ltd. | Services | 0.16% | ₹59.52 Cr | — | — | — |
| Chemplast Sanmar Ltd. | Chemicals | 0.14% | ₹49.36 Cr | +0.14% | +0.21% | +0.24% |
| State Bank of India | Financial | 0.12% | ₹43.64 Cr | +1.70% | +2.15% | +4.44% |
| GSPL Transmission Ltd. | Energy | 0.07% | ₹25.19 Cr | — | — | — |
| Redtape Ltd. | Consumer Discretionary | 0.06% | ₹22.33 Cr | +0.07% | +0.06% | +0.09% |
| Indusind Bank Ltd. | Financial | 0.01% | ₹4.17 Cr | -0.94% | -0.87% | +1.12% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| ICICI Bank Ltd. | 0.47% | 5.61% | +5.14% |
| SBI Cards And Payment Services Ltd. | 0.01% | 1.21% | +1.20% |
| Avenue Supermarts Ltd. | 0.01% | 0.96% | +0.95% |
| Swiggy Ltd. | 0.01% | 0.95% | +0.94% |
| Delhivery Ltd. | 0.00% | 0.51% | +0.51% |
| Others | 0.09% | 0.57% | +0.47% |
| HDFC Bank Ltd. | 8.56% | 9.00% | +0.44% |
| Larsen & Toubro Ltd. | 2.95% | 2.55% | -0.40% |
| Infosys Ltd. | 4.89% | 4.51% | -0.38% |
| Titan Company Ltd. | 0.34% | 0.00% | -0.34% |
| Interglobe Aviation Ltd. | 1.77% | 2.07% | +0.31% |
| Dr. Reddy's Laboratories Ltd. | 2.36% | 2.65% | +0.29% |
| Tata Motors Ltd. | 2.59% | 2.30% | -0.29% |
| Ultratech Cement Ltd. | 0.75% | 0.99% | +0.24% |
| SBI Life Insurance Company Ltd. | 2.79% | 3.02% | +0.23% |
| State Bank of India | 0.34% | 0.12% | -0.22% |
| Oil And Natural Gas Corporation Ltd. | 0.77% | 0.55% | -0.22% |
| Maruti Suzuki India Ltd. | 0.21% | 0.00% | -0.21% |
| Info Edge (India) Ltd. | 2.48% | 2.69% | +0.21% |
| Sun Pharmaceutical Industries Ltd. | 1.88% | 1.69% | -0.19% |
| ICICI Lombard General Insurance Company Ltd. | 2.44% | 2.60% | +0.16% |
| Kotak Mahindra Bank Ltd. | 2.02% | 1.87% | -0.15% |
| Brainbees Solutions Ltd. | 0.36% | 0.51% | +0.15% |
| Hindustan Aeronautics Ltd. | 0.74% | 0.59% | -0.15% |
| PVR Inox Ltd. | 0.15% | 0.00% | -0.15% |
| Trent Ltd. | 0.85% | 1.00% | +0.14% |
| Mahindra & Mahindra Ltd. | 2.49% | 2.35% | -0.14% |
| KPIT Technologies Ltd. | 1.11% | 0.99% | -0.11% |
| Indian Oil Corporation Ltd. | 0.40% | 0.51% | +0.11% |
| PB Fintech Ltd. | 0.27% | 0.16% | -0.11% |
| NTPC Ltd. | 1.72% | 1.83% | +0.11% |
| AIA Engineering Ltd. | 0.11% | 0.00% | -0.11% |
| Bharti Airtel Ltd. | 2.88% | 2.98% | +0.10% |
| Tata Consultancy Services Ltd. | 1.00% | 0.90% | -0.10% |
| Reliance Industries Ltd. | 3.53% | 3.45% | -0.08% |
| ICICI Life Insurance Ltd. | 0.81% | 0.73% | -0.08% |
| Affle 3I Ltd. | 0.89% | 0.95% | +0.06% |
| Oil India Ltd. | 0.52% | 0.46% | -0.06% |
| Sona BLW Precision Forgings Ltd. | 0.72% | 0.77% | +0.05% |
| Axis Bank Ltd. | 5.16% | 5.12% | -0.04% |
| Tata Motors Passenger Vehicles Ltd. | 1.25% | 1.21% | -0.04% |
| Aditya Birla Lifestyle Brands Ltd. | 0.61% | 0.56% | -0.04% |
| Aarti Industries Ltd. | 0.55% | 0.51% | -0.04% |
| Indian Energy Exchange Ltd. | 0.58% | 0.54% | -0.04% |
| Jindal Steel Ltd. | 0.50% | 0.54% | +0.04% |
| Bharat Petroleum Corporation Ltd. | 0.47% | 0.50% | +0.03% |
| Kalpataru Projects International Ltd. | 0.76% | 0.78% | +0.03% |
| Indusind Bank Ltd. | -0.49% | -0.47% | +0.03% |
| Apollo Tyres Ltd. | 0.49% | 0.52% | +0.03% |
| Life Insurance Corporation of India | 4.25% | 4.22% | -0.03% |
| Bajaj Finserv Ltd. | 0.25% | 0.23% | -0.02% |
| Mphasis Ltd. | 0.35% | 0.33% | -0.02% |
| HDFC Life Insurance Co Ltd. | 2.45% | 2.47% | +0.02% |
| Britannia Industries Ltd. | 2.04% | 2.03% | -0.02% |
| Gujarat Energy Ltd. | 0.01% | 0.00% | -0.01% |
| TBO Tek Ltd. | 0.95% | 0.97% | +0.01% |
| Reserve Bank of India | 0.26% | 0.27% | +0.01% |
| Chambal Fertilisers and Chemicals Ltd. | 0.27% | 0.28% | +0.01% |
| Chemplast Sanmar Ltd. | 0.12% | 0.14% | +0.01% |
| KEC International Ltd. | 0.25% | 0.24% | -0.01% |
| UPL Ltd. | 1.22% | 1.24% | +0.01% |
| Tata Communications Ltd. | 1.02% | 1.03% | +0.01% |
| LIC Housing Finance Ltd. | 0.35% | 0.36% | +0.01% |
| CIE Automotive India Ltd. | 0.23% | 0.24% | +0.01% |
| Eternal Ltd. | 0.33% | 0.34% | +0.01% |
| Hindustan Unilever Ltd. | 1.84% | 1.85% | +0.01% |
| Shree Cement Ltd. | 0.53% | 0.54% | +0.01% |
| Gland Pharma Ltd. | 1.01% | 1.00% | -0.01% |
| Cohance Lifesciences Ltd. | 0.22% | 0.23% | +0.01% |
| Medplus Health Services Ltd. | 0.00% | 0.00% | 0.00% |
| Cipla Ltd. | 0.62% | 0.63% | 0.00% |
| Vedanta Aluminium Metal Ltd. | 0.98% | 0.98% | 0.00% |
| GSPL Transmission Ltd. | 0.07% | 0.07% | 0.00% |
| Redtape Ltd. | 0.06% | 0.06% | 0.00% |
| PI Industries Ltd. | 0.03% | 0.03% | 0.00% |
| Tata Chemicals Ltd. | 0.37% | 0.37% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹6,051 Cr | 2.13% | 7.0% | 8.6% | 15.0% |
| ICICI Prudential Business Cycle Fund | ₹14,614 Cr | 1.86% | 3.4% | 6.8% | 13.3% |
 Franklin India Opportunities Fund | ₹9,577 Cr | 2.08% | 0.9% | 5.9% | 16.1% |
 Kotak Business Cycle Fund | ₹3,414 Cr | 2.02% | 15.1% | 11.2% | — |
 Aditya Birla Sun Life Special Opportunities Fund | ₹1,359 Cr | 2.26% | 14.5% | 13.5% | 15.7% |
 Mahindra Manulife Business Cycle Fund | ₹1,291 Cr | 2.42% | 0.9% | 5.7% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate long-term capital appreciation by investing in opportunities presented by special situations such as corporate restructuring, Government policy and/or regulatory changes, companies going through temporary unique challenges and other similar instances.
Fund managers
- Roshan ChutkeyRoshan Chutkey did his engineering from IIT Madras, MBA from IIM Lucknow and has a Masters in Finance degree from London Business School.He is associated with ICICI Prudential AMC from February 2015 and has 12 years of overall experience in the industry.
- Sankaran NarenMr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata.Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.39% absolute | ₹60,000 | ₹62,034 | 3.39% | |
| 1 year−0.24% annualised | ₹1,20,000 | ₹1,19,844 | −0.13% | |
| 3 years14.15% annualised | ₹3,60,000 | ₹4,50,509 | 25.14% | |
| 5 years15.32% annualised | ₹6,00,000 | ₹9,04,937 | 50.82% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of ICICI Prudential India Opportunities Fund?
The NAV of ICICI Prudential India Opportunities Fund is ₹36.93 as on 9 Nov 2026.
What is the expense ratio of ICICI Prudential India Opportunities Fund?
The expense ratio of ICICI Prudential India Opportunities Fund is 1.72% per year.
What is the minimum SIP amount for ICICI Prudential India Opportunities Fund?
You can start a SIP in ICICI Prudential India Opportunities Fund with ₹3,000 a month.
What returns has ICICI Prudential India Opportunities Fund given?
ICICI Prudential India Opportunities Fund has returned 3.6% over 1 year, 6.7% over 3 years and 14.0% over 5 years (annualised).
Is there a lock-in or exit load on ICICI Prudential India Opportunities Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 1 year..
How risky is ICICI Prudential India Opportunities Fund?
ICICI Prudential India Opportunities Fund is rated Very High on the SEBI riskometer and belongs to the Equity Opportunities category.
Which fund house manages ICICI Prudential India Opportunities Fund?
ICICI Prudential India Opportunities Fund is managed by ICICI Prudential Mutual Fund, which runs 109 schemes with ₹12,20,481 Cr under management.