ICICI Prudential Value Discovery Fund Direct Growth
Equity
Direct
Value
NAV as on 17-12-2024
₹ 490.06
1D
Inception Returns
19.5%
/yr
About ICICI Prudential Value Discovery Fund Direct Growth
ICICI Prudential Value Discovery Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Dharmesh Kakkad, Sankaran Naren. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Value Discovery Fund Direct Growth has ₹49104 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 1.
Returns
ICICI Prudential Value Discovery Fund Direct Growth has given a CAGR return of 19.53% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 25.10%, 24.20% and 26.58% respectively.
Holdings
ICICI Prudential Value Discovery Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Energy, Consumer Cyclical, Consumer Defensive, Corporate, Tech, Communication, Basic Materials, Utilities, Industrial, Government. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Sun Pharmaceuticals Industries Ltd
Taxation
As it is a value mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of ICICI Prudential Value Discovery Fund Direct Growth
To generate returns through a combination of dividend income and capital appreciation by investing primarily in a well-diversified portfolio of value stocks. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. ICICI Prudential Value Discovery Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
26073 people have invested ₹ 25.6Cr in ICICI Prudential Value Discovery Fund Direct Growth in the last three months
INDmoney Rank for ICICI Prudential Value Discovery Fund Direct Growth
Powered by IND quant engine
5
/13
56% Performance
67% Risk Management
62% Cost
5 out of 13 among value
Consistently beats benchmark
Lower probablity of downside risk
Protects capital during bear phase
No bad points found for this fund.
ICICI Prudential Value Discovery Fund Direct Growth Overview
| Expense ratio | 1% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹49104 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 52.91% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (17-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
73.8%
Mid cap
6.6%
Small cap
4%
Sector Allocation
Financial Services
33.8%
Health
11.6%
Energy
11.5%
Consumer Cyclical
9.8%
Consumer Defensive
8.6%
Tech
7.3%
Communication
5.7%
Basic Materials
4.8%
Utilities
4%
Industrial
2.9%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -0.89% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund underperformed Nifty 500 by 0.30% in Nov'24
- AUM of the fund stands at 49.1K Cr as of Nov'24
- AUM has remained same between Nov'24 and Oct'24
Top Stocks bought last month
Reliance Industries Ltd's allocation increased from 5.55% to 6.44%
Axis Bank Ltd's allocation increased from 2.92% to 3.59%
Maruti Suzuki India Ltd's allocation increased from 3.25% to 3.66%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.86 % to 8.16 %
Infosys Ltd's allocation decreased from 6.38 % to 5.37 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 5.05 % to 4.88 %
Mid Cap allocation has gone down from 7.1% to 6.6%
Large Cap allocation has gone down from 74.6% to 73.8%
Small Cap allocation has gone down from 4.2% to 4%
Cash allocation has gone up from 10.9% to 12.3%
Top 3 Sectors in November were Financial Services, Health & Energy
Nov'24
Financial Services
34%
Health
12%
Energy
11%
Oct'24
Financial Services
35%
Health
12%
Energy
10%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 10.4% |
 HDFC Bank Ltd | 9.8% |
 State Bank of India | 5.8% |
Loading...
We are taking more time than usual
Dharmesh Kakkad
Fund Manager of ICICI Prudential Value Discovery Fund Direct Growth, since 18 January 2021
Top funds managed
Sankaran Naren
Fund Manager of ICICI Prudential Value Discovery Fund Direct Growth, since 18 January 2021
Top funds managed
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.23L Cr
as on 29-Nov-2024
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (value). Its expense ratio is 1% which is lower than the category average expense ratio of 1.33%.
Over the last 1 year, this fund has decreased expense ratio by 9.9% moving from 1.11 to 1.00.
In the last 1 year, Axis Value Fund Direct Growth has given 34.24% return, outperforming this fund by 9.15%.
In the last 5 years, Bandhan Sterling Value Fund Direct Plan Growth has given 27.38% return, outperforming this fund by 0.8% per annum.
Over the last 3 months, this fund has experienced a 2.1% drop in AUM moving from 50.15K Cr to 49.10K Cr.
In the last 3 years, Quant Value Fund Direct Growth has given 28.41% return, outperforming this fund by 4.21% per annum.
ICICI Prudential Value Discovery Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 19.53% since inception which is more than its category average return of 17.88%
Fund Allocations
This fund has an allocation of 87.7% in Equity, 0% in Debt and 12.3% in Cash related instruments
AUM size ₹49104 Cr
This fund has AUM of ₹49104 Cr which is more than its category average of ₹ 5381 Cr
Expense Ratio 1%
This fund has an expense ratio of 1% which is less than its category average expense ratio of 1.44%
Frequently Asked Questions for ICICI Prudential Value Discovery Fund Direct Growth
The current NAV of ICICI Prudential Value Discovery Fund Direct Growth is ₹490.06 as on 17-Dec-2024.
Existing (Absolute + CAGR) as on 17-Dec-2024.
ICICI Prudential Value Discovery Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.04% | 2.04% |
6 Month Returns | 7.17% | 7.17% |
1 Year Returns | 25.1% | 25.1% |
3 Years Returns | 91.61% | 24.2% |
5 Years Returns | 225% | 26.58% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
1% as on November 2024
₹49104 Cr as on November 2024
HDFC Bank Ltd(8.16%), ICICI Bank Ltd(6.76%), Reliance Industries Ltd(6.44%), Infosys Ltd(5.37%), Sun Pharmaceuticals Industries Ltd(4.88%) as on November 2024
Financial Services(29.6%), Health(10.17%), Energy(10.09%) as on November 2024
The alpha ratio for the ICICI Prudential Value Discovery Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Value Discovery Fund Direct Growth | 5.67 | 8.44 | 7.7 |
As on November 2024
The alpha for ICICI Prudential Value Discovery Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ICICI Prudential Value Discovery Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Value Discovery Fund Direct Growth | 0.84 | 0.76 | 0.83 |
As on November 2024
The Beta for ICICI Prudential Value Discovery Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ICICI Prudential Value Discovery Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Value Discovery Fund Direct Growth | 1.81 | 1.45 | 1.17 |
As on November 2024
The sharpe ratio for ICICI Prudential Value Discovery Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ICICI Prudential Value Discovery Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Value Discovery Fund Direct Growth | 11.64 | 11.42 | 16.94 |
As on November 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 3 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.26 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Dharmesh Kakkad, Sankaran Naren are the fund managers of ICICI Prudential Value Discovery Fund Direct Growth
The Exit load of ICICI Prudential Value Discovery Fund Direct Growth is 1%