ICICI Prudential India Opportunities Fund Direct Growth NAV Advances to ₹38.98 on 17 September; 5-Year CAGR at 17.25%

Key Takeaways

• ICICI Prudential India Opportunities Fund Direct Growth NAV rose 0.78% to ₹38.98 on 17 September 2026. The latest three-year CAGR stood at 13.15%.
• The one-year return remained negative at -1.42%, while the three-year and five-year CAGRs were 13.15% and 17.25%. The five-year figure was 18.67 percentage points above the latest one-year return.
• HDFC Bank was the largest disclosed holding at 8.56%. The five largest positions, which also included ICICI Bank, Axis Bank, Infosys and LIC, represented 28.73% of the portfolio.
• The scheme managed approximately ₹38,338 crore and carried a Direct Growth expense ratio of 0.91%. The minimum SIP was ₹100 and the minimum lump-sum amount was ₹5,000.

ICICI Prudential India Opportunities Fund Direct Growth NAV increased 0.78% to ₹38.98 on 17 September 2026. The scheme's three-year CAGR stood at 13.15%. Fund size was approximately ₹38,338 crore and the Direct Growth expense ratio was 0.91%. The minimum SIP was ₹100, while the minimum lump-sum investment stood at ₹5,000.

The latest one-year return was -1.42%. Over the three-year period, annualised performance rose to 13.15%, followed by a five-year CAGR of 17.25%. The five-year figure therefore exceeded the one-year return by 18.67 percentage points. It was also 4.10 percentage points above the three-year CAGR.

HDFC Bank accounted for 8.56% of the disclosed portfolio. ICICI Bank followed at 5.87%, Axis Bank at 5.16%, Infosys at 4.89% and Life Insurance Corporation at 4.25%. Together, these five positions represented 28.73% of assets, leaving 71.27% spread across the remaining holdings and portfolio components.

Historical risk readings included beta of 0.80 and standard deviation of 3.67. Alpha stood at 4.56, with the Sharpe ratio at 0.85. These values provide a historical view of portfolio behaviour but do not determine future returns.

The latest data therefore show a substantial difference between the one-year return and the longer annualised periods. Portfolio concentration remained below 30% among the five largest disclosed holdings, even with HDFC Bank carrying an 8.56% individual weight