ICICI Prudential India Opportunities Fund Direct Growth NAV Falls to ₹37.78 on 12 October 2026; 5-Year CAGR at 15.07%

Key Takeaways

• ICICI Prudential India Opportunities Fund Direct Growth recorded a NAV of ₹37.78 on 12 October 2026, declining 0.29%. 
• The scheme's historical one-year return stood at -4.64%, with three- and five-year annualised returns of 12.27% and 15.07%. 
• The latest snapshot showed assets of ₹38,338 crore and a 0.94% expense ratio, with HDFC Bank representing 9.00% of disclosed holdings. 

ICICI Prudential India Opportunities Fund Direct Growth ended the 12 October 2026 valuation day with a NAV of ₹37.78, recording a daily decline of 0.29%. 

The scheme follows an opportunities-oriented equity strategy. Its stated investment mandate includes special situations arising from corporate restructuring, government policy changes, regulatory developments and temporary company-specific challenges. 

This differs from an investment approach determined purely by a company's market capitalisation. 

On the performance front, the scheme reported a one-year historical return of -4.64%. Its three-year CAGR was 12.27%, while the five-year annualised return stood at 15.07%. 

The latest disclosed assets under management were ₹38,338 crore. The Direct Growth expense ratio was 0.94%, with a minimum SIP requirement of ₹100 and a minimum lump-sum investment of ₹5,000. 

HDFC Bank was the largest disclosed portfolio holding at 9.00%. ICICI Bank accounted for 5.61%, followed by Axis Bank at 5.12%, Infosys at 4.51% and Life Insurance Corporation at 4.22%. 

Together, these five positions represented 28.46% of the portfolio. 

Banking companies formed a substantial part of the displayed holdings, although the overall scheme mandate is not limited exclusively to the financial sector. 

The latest risk measures included alpha of 3.40, standard deviation of 3.78, beta of 0.80 and Sharpe ratio of 0.58. 

The disclosed exit-load structure specifies a charge of 1% for redemption or switching within 12 months of allotment and nil thereafter. 

The historical return information and portfolio exposures provide context for the valuation but do not establish the direction of subsequent NAV changes. 

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