Fund Overview
Fund Size
₹45,471 Cr
Expense Ratio
1.01%
ISIN
INF109K012K1
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
ICICI Prudential Value Discovery Fund Direct Growth is a Value mutual fund schemes offered by ICICI Prudential Mutual Fund. This fund has been in existence for 11 years, 6 months and 25 days, having been launched on 01-Jan-13.
As of 24-Jul-24, it has a Net Asset Value (NAV) of ₹487.24, Assets Under Management (AUM) of 45470.95 Crores, and an expense ratio of 1.01%.
As of 24-Jul-24, it has a Net Asset Value (NAV) of ₹487.24, Assets Under Management (AUM) of 45470.95 Crores, and an expense ratio of 1.01%.
- ICICI Prudential Value Discovery Fund Direct Growth has given a CAGR return of 20.21% since inception.
- The fund's asset allocation comprises around 86.15% in equities, 0.00% in debts, and 13.85% in cash & cash equivalents.
- You can start investing in ICICI Prudential Value Discovery Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+43.56%
+48.18% (Cat Avg.)
3 Years
+27.63%
+22.86% (Cat Avg.)
5 Years
+26.48%
+23.16% (Cat Avg.)
10 Years
+17.97%
+16.57% (Cat Avg.)
Since Inception
+20.21%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹39,173.19 Cr | 86.15% |
| Others | ₹6,297.76 Cr | 13.85% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹6,058.98 Cr | 13.32% |
| HDFC Bank Ltd | Equity | ₹3,948.4 Cr | 8.68% |
| Infosys Ltd | Equity | ₹3,290.33 Cr | 7.24% |
| ICICI Bank Ltd | Equity | ₹3,074.01 Cr | 6.76% |
| Reliance Industries Ltd | Equity | ₹2,793.08 Cr | 6.14% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹2,499.03 Cr | 5.50% |
| Bharti Airtel Ltd | Equity | ₹1,557.16 Cr | 3.42% |
| NTPC Ltd | Equity | ₹1,553.32 Cr | 3.42% |
| Hindustan Unilever Ltd | Equity | ₹1,417.86 Cr | 3.12% |
| ITC Ltd | Equity | ₹1,338.69 Cr | 2.94% |
| Oil & Natural Gas Corp Ltd | Equity | ₹1,115.16 Cr | 2.45% |
| Larsen & Toubro Ltd | Equity | ₹924.09 Cr | 2.03% |
| Tata Motors Ltd Class A | Equity | ₹863.21 Cr | 1.90% |
| Axis Bank Ltd | Equity | ₹849.16 Cr | 1.87% |
| HDFC Life Insurance Company Limited | Equity | ₹748.67 Cr | 1.65% |
| Bajaj Finserv Ltd | Equity | ₹736.43 Cr | 1.62% |
| Maruti Suzuki India Ltd | Equity | ₹729.05 Cr | 1.60% |
| HCL Technologies Ltd | Equity | ₹727.61 Cr | 1.60% |
| Lupin Ltd | Equity | ₹668.2 Cr | 1.47% |
| Vodafone Group PLC ADR | Equity | ₹649.33 Cr | 1.43% |
| TVS Motor Co Ltd | Equity | ₹548.29 Cr | 1.21% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹527.89 Cr | 1.16% |
| Aurobindo Pharma Ltd | Equity | ₹477.98 Cr | 1.05% |
| Viatris Inc | Equity | ₹444.92 Cr | 0.98% |
| SBI Life Insurance Company Limited | Equity | ₹413.09 Cr | 0.91% |
| Bharat Petroleum Corp Ltd | Equity | ₹409.82 Cr | 0.90% |
| Dabur India Ltd | Equity | ₹376.38 Cr | 0.83% |
| Net Current Assets | Cash | ₹-370.18 Cr | 0.81% |
| Muthoot Finance Ltd | Equity | ₹342.85 Cr | 0.75% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹337.71 Cr | 0.74% |
| British American Tobacco PLC ADR | Equity | ₹336.73 Cr | 0.74% |
| Life Insurance Corporation of India | Equity | ₹334.4 Cr | 0.74% |
| UPL Ltd | Equity | ₹324.5 Cr | 0.71% |
| LTIMindtree Ltd | Equity | ₹313.77 Cr | 0.69% |
| Gujarat State Petronet Ltd | Equity | ₹287.38 Cr | 0.63% |
| Grasim Industries Ltd | Equity | ₹265.99 Cr | 0.58% |
| Bata India Ltd | Equity | ₹249.61 Cr | 0.55% |
| 91 DTB 02082024 | Bond - Gov't/Treasury | ₹228.67 Cr | 0.50% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹228.35 Cr | 0.50% |
| ACC Ltd | Equity | ₹227.44 Cr | 0.50% |
| Hero MotoCorp Ltd | Equity | ₹223.57 Cr | 0.49% |
| Coal India Ltd | Equity | ₹205.71 Cr | 0.45% |
| Great Eastern Shipping Co Ltd | Equity | ₹190.86 Cr | 0.42% |
| Gateway Distriparks Ltd | Equity | ₹185.76 Cr | 0.41% |
| Zydus Lifesciences Ltd | Equity | ₹176.3 Cr | 0.39% |
| Zee Entertainment Enterprises Ltd | Equity | ₹172.65 Cr | 0.38% |
| TVS Holdings Ltd | Equity | ₹157.9 Cr | 0.35% |
| LIC Housing Finance Ltd | Equity | ₹155.89 Cr | 0.34% |
| Zydus Wellness Ltd | Equity | ₹141.67 Cr | 0.31% |
| Century Plyboards (India) Ltd | Equity | ₹134.75 Cr | 0.30% |
| PVR INOX Ltd | Equity | ₹132.1 Cr | 0.29% |
| Atul Ltd | Equity | ₹131.52 Cr | 0.29% |
| Kalpataru Projects International Ltd | Equity | ₹117.8 Cr | 0.26% |
| TTK Prestige Ltd | Equity | ₹117.77 Cr | 0.26% |
| State Bank of India | Equity | ₹107.11 Cr | 0.24% |
| Dr Reddy's Laboratories Ltd | Equity | ₹106.45 Cr | 0.23% |
| Max Financial Services Ltd | Equity | ₹103.26 Cr | 0.23% |
| India (Republic of) | Bond - Short-term Government Bills | ₹99.95 Cr | 0.22% |
| Mahindra & Mahindra Ltd | Equity | ₹97.44 Cr | 0.21% |
| JM Financial Ltd | Equity | ₹96.61 Cr | 0.21% |
| Gujarat Gas Ltd | Equity | ₹90.84 Cr | 0.20% |
| Wipro Ltd | Equity | ₹82.52 Cr | 0.18% |
| 182 DTB 29082024 | Bond - Gov't/Treasury | ₹79.13 Cr | 0.17% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹75.98 Cr | 0.17% |
| Gland Pharma Ltd | Equity | ₹74.5 Cr | 0.16% |
| City Union Bank Ltd | Equity | ₹71.49 Cr | 0.16% |
| Cash Margin - Derivatives | Cash - Collateral | ₹62.3 Cr | 0.14% |
| Avanti Feeds Ltd | Equity | ₹44.92 Cr | 0.10% |
| 182 DTB 26102024 | Bond - Gov't/Treasury | ₹44.75 Cr | 0.10% |
| India (Republic of) | Bond - Short-term Government Bills | ₹44.63 Cr | 0.10% |
| 364 DTB 02052024 | Bond - Gov't/Treasury | ₹29.71 Cr | 0.07% |
| Tata Consultancy Services Ltd | Equity | ₹27.05 Cr | 0.06% |
| Sundaram Clayton Ltd | Equity | ₹20.91 Cr | 0.05% |
| 182 DTB 22082024 | Bond - Gov't/Treasury | ₹19.81 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
71.08%
Mid Cap Stocks
7.18%
Small Cap Stocks
4.74%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹12,151.29 Cr | 26.72% |
| Energy | ₹4,523.77 Cr | 9.95% |
| Healthcare | ₹4,447.38 Cr | 9.78% |
| Technology | ₹4,441.27 Cr | 9.77% |
| Consumer Defensive | ₹3,656.25 Cr | 8.04% |
| Consumer Cyclical | ₹2,986.82 Cr | 6.57% |
| Communication Services | ₹2,511.23 Cr | 5.52% |
| Utilities | ₹1,931.54 Cr | 4.25% |
| Industrials | ₹1,439.42 Cr | 3.17% |
| Basic Materials | ₹1,084.21 Cr | 2.38% |
Risk & Performance Ratios
Standard Deviation
This fund
11.04%
Cat. avg.
12.98%
Lower the better
Sharpe Ratio
This fund
1.71
Cat. avg.
1.06
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.99
Higher the better
Fund Managers
SN
Sankaran Naren
Since January 2021
DK
Dharmesh Kakkad
Since January 2021
SD
Sharmila D’mello
Since June 2022
Additional Scheme Detailsas of 30th June 2024
ISIN | INF109K012K1 | Expense Ratio | 1.01% | Exit Load | 1.00% | Fund Size | ₹45,471 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Value Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Groww Value Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹24.57 Cr | 39.5% |
| Groww Value Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹24.57 Cr | 41.2% |
| ICICI Prudential Nifty50 Value 20 ETF Very High Risk | 0.3% | - | ₹128.26 Cr | 35.5% |
| Motilal Oswal S&P BSE Enhanced Value ETF Very High Risk | 0.3% | - | ₹61.10 Cr | 87.9% |
| Tata Equity P/E Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹8483.97 Cr | 47.5% |
| Templeton India Value Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2137.53 Cr | 45.1% |
| Kotak Nifty 50 Value 20 ETF Very High Risk | 0.1% | - | ₹68.05 Cr | 41.1% |
| HDFC Capital Builder Value Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹7313.09 Cr | 43.9% |
| UTI Value Opportunities Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹9902.89 Cr | 43.6% |
| Nippon India Value Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹8187.57 Cr | 51.4% |
About the AMC
Total AUM
₹7,74,868 Cr
Address
3rd Floor, Hallmark Business Plaza, Mumbai, 400 051
Other Funds by ICICI Prudential Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of ICICI Prudential Value Discovery Fund Direct Growth?
The NAV of ICICI Prudential Value Discovery Fund Direct Growth, as of 24-Jul-2024, is ₹487.24.
What are the returns of ICICI Prudential Value Discovery Fund Direct Growth?
The fund has generated 43.56% over the last 1 year and 27.63% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of ICICI Prudential Value Discovery Fund Direct Growth?
The fund's allocation of assets is distributed as 86.15% in equities, 0.00% in bonds, and 13.85% in cash and cash equivalents.
Who manages the ICICI Prudential Value Discovery Fund Direct Growth?
The fund managers responsible for ICICI Prudential Value Discovery Fund Direct Growth are:-
- Sankaran Naren
- Dharmesh Kakkad
- Sharmila D’mello
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.