ICICI Prudential India Opportunities Fund Direct Growth NAV at ₹39.23 on 21 September; Five-Year CAGR at 17.60%

Key Takeaways

• ICICI Prudential India Opportunities Fund Direct Growth NAV was ₹39.23 on 21 September 2026, up 0.23%. 
• The fund recorded a one-year return of -1.11%, a three-year CAGR of 13.81% and a five-year CAGR of 17.60%. 
• HDFC Bank was the largest disclosed holding at 8.56%; the five largest positions together made up 28.73%. 

ICICI Prudential India Opportunities Fund Direct Growth NAV moved 0.23% higher to ₹39.23 on 21 September 2026. The scheme managed approximately ₹38,338 crore and carried a Direct Growth expense ratio of 0.91%. The minimum SIP was ₹100, whereas the minimum lump-sum investment stood at ₹5,000. 

Its trailing-return profile showed a considerable gap between short and longer periods. The latest one-year return was -1.11%. The three-year CAGR reached 13.81%, and the five-year annualised figure was 17.60%. That put the five-year CAGR 3.79 percentage points above the three-year figure and 18.71 percentage points above the latest one-year return. 

HDFC Bank was the largest disclosed holding at 8.56%. ICICI Bank accounted for 5.87%, Axis Bank 5.16%, Infosys 4.89% and Life Insurance Corporation of India 4.25%. Together, the five positions represented 28.73% of the portfolio. The remaining 71.27% was spread across other securities and portfolio components. HDFC Bank and ICICI Bank alone contributed 14.43%. 

Among the published historical risk measures, alpha stood at 4.56, beta at 0.80, standard deviation at 3.67 and the Sharpe ratio at 0.85. The statistics provide additional historical context to the return figures but do not imply a particular future NAV path. 

The scheme seeks opportunities arising from circumstances such as corporate restructuring, policy or regulatory developments and company-specific situations within its stated mandate. Its disclosed exit load is 1% for applicable redemptions or switches made within 12 months, with no exit load after that period under the stated schedule. 

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.