ICICI Prudential India Opportunities Fund Direct Growth NAV at ₹39.24 on 23 September; Top Five Holdings at 28.73%

Key Takeaways

• ICICI Prudential India Opportunities Fund Direct Growth recorded an NAV of ₹39.24 on 23 September 2026, an increase of 0.26% from the preceding valuation. 
• The fund's latest one-year return was -0.58%, whereas its three-year CAGR stood at 13.95% and five-year CAGR at 17.17%. The five-year figure exceeded the three-year return by 3.22 percentage points. 
• HDFC Bank, ICICI Bank, Axis Bank, Infosys and Life Insurance Corporation together represented 28.73% of the portfolio. This left 71.27% distributed across the remaining securities and other portfolio components. 
• The scheme managed approximately ₹38,338 crore, with a Direct Growth expense ratio of 0.91%. The minimum SIP was ₹100, compared with a ₹5,000 minimum for lump-sum investment. 

ICICI Prudential India Opportunities Fund Direct Growth NAV was ₹39.24 on 23 September 2026, a 0.26% increase from the previous valuation. Its latest one-year return stood at -0.58%, compared with a three-year CAGR of 13.95% and a five-year CAGR of 17.17%. 

The longer return windows were distinctly stronger than the latest year. The five-year CAGR exceeded the three-year figure by 3.22 percentage points and was 17.75 percentage points above the one-year return. Those gaps arise from different historical measurement periods and should be read as period comparisons rather than indications of future NAV behaviour. 

Portfolio concentration provides another scheme-specific measure. HDFC Bank accounted for 8.56%, ICICI Bank 5.87%, Axis Bank 5.16%, Infosys 4.89% and Life Insurance Corporation 4.25%. Added without rounding adjustments, those five positions represented 28.73% of the portfolio, leaving 71.27% across the remaining holdings and other portfolio components. 

The fund managed around ₹38,338 crore and carried a Direct Growth expense ratio of 0.91%. The minimum SIP amount was ₹100, whereas the minimum lump-sum investment was ₹5,000. Its exit-load structure specified 1% for redemption within 12 months and nil thereafter. 

Historical risk statistics included a beta of 0.80 and a Sharpe ratio of 0.85. These measures describe past behaviour under their respective calculation frameworks and do not determine future volatility or return. Together with the NAV, return periods and portfolio weights, they provide additional numerical context without changing the scheme's underlying market-linked nature. 

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