|Infosys||IT - Software||Equity||6.07%|
|O N G C||Crude Oil & Natural Gas||Equity||5.69%|
|NTPC||Power Generation & Distribution||Equity||5.41%|
|B P C L||Refineries||Equity||1.75%|
|St Bk of India||Banks||Equity||1.53%|
|HCL Technologies||IT - Software||Equity||1.27%|
|TVS Motor Co.||Automobile||Equity||1.18%|
|Coal India||Mining & Mineral products||Equity||1.11%|
|SBI Life Insuran||Insurance||Equity||1.02%|
|Larsen & Toubro||Infrastructure Developers & Operators||Equity||1%|
|LIC Housing Fin.||Finance||Equity||0.96%|
|Bharti Airtel PP||Telecomm-Service||Equity||0.79%|
|Interglobe Aviat||Air Transport Service||Equity||0.79%|
|GE Shipping Co||Shipping||Equity||0.77%|
|Hindalco Inds.||Non Ferrous Metals||Equity||0.74%|
|M & M||Automobile||Equity||0.71%|
|Exide Inds.||Auto Ancillaries||Equity||0.66%|
|Mphasis||IT - Software||Equity||0.63%|
|Kalpataru Proj.||Capital Goods - Electrical Equipment||Equity||0.36%|
|Tech Mahindra||IT - Software||Equity||0.36%|
|TVS Holdings||Castings, Forgings & Fastners||Equity||0.33%|
|Cummins India||Capital Goods-Non Electrical Equipment||Equity||0.31%|
|Power Grid Corpn||Power Generation & Distribution||Equity||0.3%|
|NHPC Ltd||Power Generation & Distribution||Equity||0.27%|
|Samvardh. Mothe.||Auto Ancillaries||Equity||0.21%|
|City Union Bank||Banks||Equity||0.21%|
|Gujarat Gas||Gas Distribution||Equity||0.18%|
|Karur Vysya Bank||Banks||Equity||0.17%|
|Aster DM Health.||Healthcare||Equity||0.14%|
|CESC||Power Generation & Distribution||Equity||0.13%|
|Samhi Hotels||Hotels & Restaurants||Equity||0.09%|
|Guj Pipavav Port||Marine Port & Services||Equity||0.08%|
|Sundaram Clayton||Castings, Forgings & Fastners||Equity||0.05%|
|Cement & Cement Products||1%|
|Cash & Others||-1.27%|
|Exit Load||1.00% - If the amount sought to be redeemed or switched out is invested for a period of upto 12 months from the date of allotment. Nil - If the amount sought to be redeemed or switched out is invested for a period of more than 12 months from the date of allotment.|
ICICI Prudential Mutual Fund’s ICICI Prudential Value Discovery Fund-Growth is a Value-Oriented mutual fund strategy. This fund was launched on January 1, 2013, and is now currently managed by Sankaran Naren and Dharmas Kakkad.
The fund invests 87.01% of its assets in domestic equities, with 62.61% in large-cap stocks, 10.22% in mid-cap stocks, and 5.57% in small-cap stocks. The bulk of the fund’s assets is invested in the financial, energy, healthcare, and technology sectors, as well as the automobile industry. When compared to other funds in the same category, it has taken less risk in the energy and financial sectors.
This fund’s primary investment objective is to generate a balanced and diversified portfolio of value companies to achieve its return-on-investment goals largely via a mix of dividend income and capital appreciation. However, there is neither a promise nor a warranty that the investment goal of the Scheme will be attained in any way, shape, or form.
Pros & Cons
|It generates consistent returns.||It underperforms during bull runs.|
|It consistently beats benchmarks.||It is highly volatile within the category.|
How to invest in ICICI Prudential value discovery fund?
With 5paisa, investing in ICICI Prudential value discovery fund is easier than ever. The process has been streamlined, and there is no longer any documentation required. Simply follow the instructions listed below:
Step 1: Log in to your 5Paisa Account. If you do not have one, click the link to register and create a new 5Paisa account in 3 easy steps. Alternatively, you can download the 5Paisa app on your smartphone for Android or IOS and log in from your device.
Step 2: Search for the ICICI Prudential Mutual FundMutual Fund scheme that you want to invest in
Step 3: Select the option that is apt for your requirement and risk appetite
Step 4: Select the investment type – SIP (Systematic Investment Plan) or Lumpsum
Step 5: Input the amount that you’d like to invest and proceed with payment by clicking on the ‘Invest Now’ button
That’s it! This sums up the investment process. Once your payment is successful, you can see the ICICI Prudential Mutual FundMutual Fund reflected in your 5Paisa account in 3-4 working days. If you have selected the SIP option, the chosen amount will get deducted every month starting from the date you have made the payment.
What is the expense ratio of the ICICI Prudential value discovery fund?
The Expense Ratio is a measure of the annual fee that the Mutual Fund company will make to manage your money throughout your investment. Each unit of the fund’s performance is discounted by the Expense Ratio, which is a percentage of the fund’s AUM. You can retain more of your hard-earned money by investing in a fund with a lower expense ratio.
Who should invest in the ICICI Prudential value discovery fund?
● Investors who have a sophisticated understanding of macro trends and who like making selected bets for greater returns in comparison to other Equity funds are the ones that can invest in this fund. Even though the market as a whole is doing better, these investors should nevertheless be prepared for the prospect of moderate to significant losses in their holdings.
● An investment in the ICICI Prudential Value Discovery Fund is best made with a time horizon of more than 3 years in mind. The recommended investment horizon is the minimum amount of time an investor should plan to maintain assets in the fund to stabilize its returns and protect against any potential losses.
What are the benefits of investing in the ICICI Prudential value discovery fund?
Being an open-ended mutual fund, ICICI Prudential Value Discovery Fund has many benefits, some of which are listed below:
Since there are no withdrawal limits for open-ended funds, they are very liquid. Fund units may be redeemed by investors at the most recent Net Asset Value (NAV) on the day of redemption, or NAV as of the applicable cut-off times.
● Diversified portfolio
Open-Ended Funds invest in a wide range of assets and maintain a diversified portfolio of securities, all of which contribute to the funds’ ability to mitigate the risks often associated with investing.
● Access to track record
Open-ended funds make it possible for investors to monitor the performance of funds in various markets over some time. This enables investors to be better informed and to make more informed choices on their investments.
Sankaran Naren - Investment Team - Fund Manager
Mr Sankaran is in charge of the investment function for the Mutual Fund and International Advisory Business. He graduated from IIT Madras and IIM Kolkata and has worked in the financial services industry in a variety of capacities. In his twelve years as a fund manager, he has managed 29 funds.
- Fund Name
- Fund Size
- 3Y Returns
- Bandhan Sterling Value Fund – Direct Growth
24%Fund Size - 6,672
32.3%Fund Size - 6,672
19.8%Fund Size - 6,672
- Templeton India Value Fund – Direct Growth
21.5%Fund Size - 1,359
30.8%Fund Size - 1,359
19.5%Fund Size - 1,359
- HSBC Value Fund – Direct Growth
32.1%Fund Size - 9,288
28.4%Fund Size - 9,288
19.8%Fund Size - 9,288
- Nippon India Value Fund – Direct Growth
27%Fund Size - 5,638
27.5%Fund Size - 5,638
19.8%Fund Size - 5,638
- Aditya Birla SL Pure Value Fund – Direct Growth
33.4%Fund Size - 4,717
26.4%Fund Size - 4,717
15.7%Fund Size - 4,717
Frequently Asked Questions
How to invest in ICICI Pru Value Discovery Fund – Direct Growth ?
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for ICICI Pru Value Discovery Fund – Direct Growth in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of ICICI Pru Value Discovery Fund – Direct Growth ?
How to redeem ICICI Pru Value Discovery Fund – Direct Growth holding ?
What is the minimum sip amount of ICICI Pru Value Discovery Fund – Direct Growth?
What are the top sectors ICICI Pru Value Discovery Fund – Direct Growth has invested in?
- Banks - 18.85%
- IT-Software - 7.74%
- Telecom-Services - 7.72%
- Automobiles - 7%
- Oil - 6.73%
Can I make investments in both the SIP and Lump Sum schemes of ICICI Pru Value Discovery Fund – Direct Growth?
How much returns have ICICI Pru Value Discovery Fund – Direct Growth generated ?
What is the expense ratio of ICICI Pru Value Discovery Fund – Direct Growth ?
What is the AUM of ICICI Pru Value Discovery Fund – Direct Growth?
What are the top stock holdings of ICICI Pru Value Discovery Fund – Direct Growth?
How can I redeem my investments in ICICI Pru Value Discovery Fund – Direct Growth?
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select ICICI Pru Value Discovery Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Is there any lock-in period for ICICI Pru Value Discovery Fund - Direct Growth?
No, there is no lock-in period for ICICI Pru Value Discovery Fund – Direct Growth.