ICICI Pru Value Discovery Fund – Direct Growth

Equity · Value
 · ★★★★★
100
Min SIP
1,000
Min Lumpsum
1.02 %
Expense Ratio
★★★★★
Rating
39,376
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 21 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 41.6% 27.3% 24.7% 19.7%
Category Average 36.3% 19.4% 19% -

Scheme Allocation

By Holding
By Sector
By Asset
7.63%
7.06%
Others
64.78%
View all Holdings
Holdings Sector Instrument Asset
Reliance Industr Refineries Equity 7.64%
HDFC Bank Banks Equity 7.63%
ICICI Bank Banks Equity 7.06%
Sun Pharma.Inds. Pharmaceuticals Equity 6.57%
Bharti Airtel Telecomm-Service Equity 6.31%
Infosys IT - Software Equity 6.22%
O N G C Crude Oil & Natural Gas Equity 4.25%
NTPC Power Generation & Distribution Equity 4.12%
Maruti Suzuki Automobile Equity 2.36%
Axis Bank Banks Equity 2.22%
Tata Motors-DVR Automobile Equity 1.92%
Hind. Unilever FMCG Equity 1.72%
Lupin Pharmaceuticals Equity 1.7%
Life Insurance Insurance Equity 1.38%
ICICI Lombard Insurance Equity 1.29%
SBI Cards Finance Equity 1.25%
TVS Motor Co. Automobile Equity 1.22%
B P C L Refineries Equity 1.17%
ITC Tobacco Products Equity 0.99%
Larsen & Toubro Infrastructure Developers & Operators Equity 0.98%
HCL Technologies IT - Software Equity 0.98%
SBI Life Insuran Insurance Equity 0.96%
St Bk of India Banks Equity 0.94%
Bharti Airtel PP Telecomm-Service Equity 0.94%
Grasim Inds Textiles Equity 0.85%
Hero Motocorp Automobile Equity 0.84%
LIC Housing Fin. Finance Equity 0.8%
UPL Agro Chemicals Equity 0.78%
Mankind Pharma Pharmaceuticals Equity 0.71%
Coal India Mining & Mineral products Equity 0.69%
Aurobindo Pharma Pharmaceuticals Equity 0.67%
Tata Steel Steel Equity 0.67%
GE Shipping Co Shipping Equity 0.64%
Hindalco Inds. Non Ferrous Metals Equity 0.63%
Dabur India FMCG Equity 0.62%
Muthoot Finance Finance Equity 0.62%
ACC Cement Equity 0.56%
360 ONE Finance Equity 0.55%
Gateway Distri Logistics Equity 0.53%
LTIMindtree IT - Software Equity 0.52%
Zee Entertainmen Entertainment Equity 0.52%
M & M Automobile Equity 0.47%
Interglobe Aviat Air Transport Service Equity 0.45%
Bata India Leather Equity 0.4%
TVS Holdings Castings, Forgings & Fastners Equity 0.39%
Chola Financial Finance Equity 0.39%
Zydus Lifesci. Pharmaceuticals Equity 0.38%
Max Financial Finance Equity 0.37%
Piramal Pharma Pharmaceuticals Equity 0.37%
Kalpataru Proj. Capital Goods - Electrical Equipment Equity 0.36%
Cummins India Capital Goods-Non Electrical Equipment Equity 0.35%
Zydus Wellness FMCG Equity 0.35%
Bajaj Finserv Finance Equity 0.32%
Tech Mahindra IT - Software Equity 0.32%
Avanti Feeds FMCG Equity 0.32%
Power Grid Corpn Power Generation & Distribution Equity 0.31%
Exide Inds. Auto Ancillaries Equity 0.31%
Alkem Lab Pharmaceuticals Equity 0.3%
JM Financial Finance Equity 0.25%
TTK Prestige Consumer Durables Equity 0.23%
Gujarat Gas Gas Distribution Equity 0.21%
CESC Power Generation & Distribution Equity 0.18%
City Union Bank Banks Equity 0.16%
Natco Pharma Pharmaceuticals Equity 0.11%
Samhi Hotels Hotels & Restaurants Equity 0.09%
Aster DM Health. Healthcare Equity 0.09%
Sundaram Clayton Auto Ancillaries Equity 0.08%
UTI AMC Finance Equity 0.03%
Glaxosmi. Pharma Pharmaceuticals Equity 0.03%
Coromandel Inter Fertilizers Equity 0.02%
Banks
18%
Pharmaceuticals & Biotech
10.84%
Petroleum Products
8.81%
IT-Software
8.03%
Telecom-Services
7.25%
Others
47.07%
View all Sectors
Sectors Asset
Banks 18%
Pharmaceuticals & Biotech 10.84%
Petroleum Products 8.81%
IT-Software 8.03%
Telecom-Services 7.25%
Automobiles 6.82%
Debt 5.02%
Power 4.61%
Others 4.3%
Oil 4.25%
Finance 4.18%
Insurance 4%
Diversified FMCG 2.71%
Transport Services 1.62%
Cement & Cement Products 1.42%
Construction 1.33%
Fertilisers & Agrochemica 0.79%
Auto Components 0.7%
Consumable Fuels 0.69%
Ferrous Metals 0.67%
Food Products 0.66%
Non-Ferrous Metals 0.63%
Consumer Durables 0.63%
Personal Products 0.62%
Entertainment 0.52%
Industrial Products 0.42%
Gas 0.21%
Leisure Services 0.09%
Healthcare Services 0.09%
Cash & Others 0.06%
Capital Markets 0.03%
Equity
90.62%
Foreign Equity
4.14%
Reverse Repos
4.1%
T-Bills
0.92%
Derivatives
0.16%
Others
0.06%

Advance Ratio

9.55
Alpha
3.34
SD
0.77
Beta
1.75
Sharpe

Exit Load

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.

Fund Objective

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

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:

● Liquidity

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.

Fund Managers

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.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

ICICI Prudential Mutual Fund
AUM:
6,41,296 Cr
Address:
One BKC, A-Wing, 13th Floor, Bandra Kurla Complex, Mumbai 400051
Contact:
26525000
Email ID:
enquiry@icicipruamc.com

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Frequently Asked Questions

How to invest in ICICI Pru Value Discovery Fund – Direct Growth ?

You can invest in ICICI Pru Value Discovery Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • 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 ?

The NAV of ICICI Pru Value Discovery Fund – Direct Growth is ₹426.6 as of 21 February 2024.

How to redeem ICICI Pru Value Discovery Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of ICICI Pru Value Discovery Fund – Direct Growth?

The minimum SIP amount of ICICI Pru Value Discovery Fund – Direct Growth is ₹100

What are the top sectors ICICI Pru Value Discovery Fund – Direct Growth has invested in?

The top sectors ICICI Pru Value Discovery Fund – Direct Growth has invested in are
  1. Banks - 18%
  2. Pharmaceuticals & Biotech - 10.84%
  3. Petroleum Products - 8.81%
  4. IT-Software - 8.03%
  5. Telecom-Services - 7.25%

Can I make investments in both the SIP and Lump Sum schemes of ICICI Pru Value Discovery Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of ICICI Pru Value Discovery Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have ICICI Pru Value Discovery Fund – Direct Growth generated ?

The ICICI Pru Value Discovery Fund – Direct Growth has delivered 19.7% since inception

What is the expense ratio of ICICI Pru Value Discovery Fund – Direct Growth ?

The expense ratio of ICICI Pru Value Discovery Fund – Direct Growth is 1.02 % as of 21 February 2024.

What is the AUM of ICICI Pru Value Discovery Fund – Direct Growth?

The AUM of ICICI Pru Value Discovery Fund – Direct Growth is ₹6,41,296 Cr as of 21 February 2024

What are the top stock holdings of ICICI Pru Value Discovery Fund – Direct Growth?

The top stock holdings of ICICI Pru Value Discovery Fund – Direct Growth are
  1. Reliance Industr - 7.64%
  2. HDFC Bank - 7.63%
  3. ICICI Bank - 7.06%
  4. Sun Pharma.Inds. - 6.57%
  5. Bharti Airtel - 6.31%

How can I redeem my investments in ICICI Pru Value Discovery Fund – Direct Growth?

Step 1: Visit the fund house's website
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.

Invest Now