ICICI Prudential Value Discovery Fund Direct Growth
Equity
Direct
Value
NAV as on 20-02-2025
₹ 467.63
Inception Returns
18.8%
/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 Sankaran Naren, Dharmesh Kakkad. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Value Discovery Fund Direct Growth has ₹48400 Cr worth of assets under management (AUM) as on Jan 2025 and is more than category average.
- The fund has an expense ratio 1.1.
Returns
ICICI Prudential Value Discovery Fund Direct Growth has given a CAGR return of 18.76% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.95%, 19.74% and 25.48% respectively.
Holdings
ICICI Prudential Value Discovery Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Energy, Corporate, Consumer Cyclical, Consumer Defensive, Tech, Basic Materials, Communication, Industrial, Utilities, 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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
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
Absolute
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25791 people have invested ₹ 23.3Cr 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
3
/14
63% Performance
74% Risk Management
15% Cost
3 out of 14 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 | 1.06% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹48400 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 (20-Feb-25)
Fund Distribution
as on (31-Jan-25)
Large cap
79.4%
Mid cap
6.4%
Small cap
4%
Sector Allocation
Financial Services
33%
Health
11.6%
Energy
11%
Consumer Cyclical
9.5%
Consumer Defensive
9.2%
Tech
6.8%
Basic Materials
5.6%
Communication
5.4%
Industrial
4.5%
Utilities
3.5%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 48.3K Cr as of Jan'25
- AUM has remained same between Jan'25 and Dec'24
Top Stocks bought last month
Cipla Ltd's allocation increased from 0% to 0.72%
SBI Life Insurance Co Ltd's allocation increased from 1.36% to 2.03%
Axis Bank Ltd's allocation increased from 3.59% to 4.15%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 8.16 % to 7.9 %
ICICI Bank Ltd's allocation decreased from 6.76 % to 6.59 %
Reliance Industries Ltd's allocation decreased from 6.44 % to 6.25 %
Small Cap allocation has gone up from 4% to 4.6%
Mid Cap allocation has gone down from 6.6% to 5.9%
Large Cap allocation has gone up from 73.8% to 76.4%
Cash allocation has gone down from 12.3% to 6.9%
Top 3 Sectors in January were Financial Services, Health & Energy
Jan'25
Financial Services
33%
Health
12%
Energy
11%
Dec'24
Financial Services
34%
Health
12%
Energy
11%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Maruti Suzuki India Ltd | 5.5% |
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Sankaran Naren
Fund Manager of ICICI Prudential Value Discovery Fund Direct Growth, since 18 January 2021
Top funds managed
Dharmesh Kakkad
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
₹8.31L Cr
as on 31-Jan-2025
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 1.06% which is lower than the category average expense ratio of 1.35%.
In the last 1 year, UTI Value fund Fund-Direct Growth Option has given 13.78% return, outperforming this fund by 4.83%.
In the last 3 years, Quant Value Fund Direct Growth has given 22.45% return, outperforming this fund by 2.71% per annum.
In the last 5 years, this fund has outperformed all funds in its category.
Over the last 1 month, this fund has increased expense ratio by 8.2% moving from 0.98 to 1.06.
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 18.76% since inception which is more than its category average return of 15.28%
Fund Allocations
This fund has an allocation of 93.14% in Equity, 0% in Debt and 6.86% in Cash related instruments
AUM size ₹48400 Cr
This fund has AUM of ₹48400 Cr which is more than its category average of ₹ 4957 Cr
Expense Ratio 1.06%
This fund has an expense ratio of 1.06% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions for ICICI Prudential Value Discovery Fund Direct Growth
The current NAV of ICICI Prudential Value Discovery Fund Direct Growth is ₹467.63 as on 20-Feb-2025.
Existing (Absolute + CAGR) as on 20-Feb-2025.
ICICI Prudential Value Discovery Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.09% | -2.09% |
6 Month Returns | -5.98% | -5.98% |
1 Year Returns | 8.95% | 8.95% |
3 Years Returns | 71.7% | 19.74% |
5 Years Returns | 211.09% | 25.48% |
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1.06% as on January 2025
₹48400 Cr as on January 2025
HDFC Bank Ltd(7.9%), ICICI Bank Ltd(6.59%), Reliance Industries Ltd(6.25%), Infosys Ltd(5.5%), Sun Pharmaceuticals Industries Ltd(4.54%) as on January 2025
Financial Services(30.7%), Health(10.81%), Energy(10.25%) as on January 2025
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 | 5.11 | 6.86 | 8.08 |
As on January 2025
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 | 0.83 | 0.77 | 0.83 |
As on January 2025
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 | 0.72 | 1.15 | 1.13 |
As on January 2025
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 | 11.21 | 11.52 | 17.03 |
As on January 2025
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 2.3 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.17 as on January 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Sankaran Naren, Dharmesh Kakkad 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%