Fund Overview
Fund Size
₹52,598 Cr
Expense Ratio
1.53%
ISIN
INF109K01AF8
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
16 Aug 2004
About this fund
ICICI Prudential Value Discovery Fund Regular Growth is a Value mutual fund schemes offered by ICICI Prudential Mutual Fund. This fund has been in existence for 20 years, 10 months and 3 days, having been launched on 16-Aug-04.
As of 17-Jun-25, it has a Net Asset Value (NAV) of ₹465.48, Assets Under Management (AUM) of 52597.66 Crores, and an expense ratio of 1.53%.
As of 17-Jun-25, it has a Net Asset Value (NAV) of ₹465.48, Assets Under Management (AUM) of 52597.66 Crores, and an expense ratio of 1.53%.
- ICICI Prudential Value Discovery Fund Regular Growth has given a CAGR return of 20.24% since inception.
- The fund's asset allocation comprises around 92.83% in equities, 0.00% in debts, and 7.17% in cash & cash equivalents.
- You can start investing in ICICI Prudential Value Discovery Fund Regular 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
+11.22%
+1.97% (Cat Avg.)
3 Years
+26.40%
+25.16% (Cat Avg.)
5 Years
+28.93%
+26.50% (Cat Avg.)
10 Years
+15.27%
+15.12% (Cat Avg.)
Since Inception
+20.24%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹48,828.51 Cr | 92.83% |
| Others | ₹3,769.15 Cr | 7.17% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹3,871.56 Cr | 7.36% |
| ICICI Bank Ltd | Equity | ₹3,682.43 Cr | 7.00% |
| Reliance Industries Ltd | Equity | ₹3,672.15 Cr | 6.98% |
| Axis Bank Ltd | Equity | ₹2,512.09 Cr | 4.78% |
| Infosys Ltd | Equity | ₹2,297.96 Cr | 4.37% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹2,014.64 Cr | 3.83% |
| State Bank of India | Equity | ₹1,952.78 Cr | 3.71% |
| Maruti Suzuki India Ltd | Equity | ₹1,900.84 Cr | 3.61% |
| Treps | Cash - Repurchase Agreement | ₹1,690.59 Cr | 3.21% |
| Larsen & Toubro Ltd | Equity | ₹1,602.4 Cr | 3.05% |
| ITC Ltd | Equity | ₹1,410.17 Cr | 2.68% |
| Bharti Airtel Ltd | Equity | ₹1,380.97 Cr | 2.63% |
| Hindustan Unilever Ltd | Equity | ₹1,284.48 Cr | 2.44% |
| NTPC Ltd | Equity | ₹1,271.11 Cr | 2.42% |
| Dr Reddy's Laboratories Ltd | Equity | ₹1,166.49 Cr | 2.22% |
| Tata Consultancy Services Ltd | Equity | ₹1,129.13 Cr | 2.15% |
| Oil & Natural Gas Corp Ltd | Equity | ₹1,117.99 Cr | 2.13% |
| SBI Life Insurance Co Ltd | Equity | ₹959.53 Cr | 1.82% |
| Max Financial Services Ltd | Equity | ₹909.49 Cr | 1.73% |
| InterGlobe Aviation Ltd | Equity | ₹859.92 Cr | 1.63% |
| Tata Motors Ltd | Equity | ₹780.49 Cr | 1.48% |
| Dabur India Ltd | Equity | ₹694.04 Cr | 1.32% |
| Viatris Inc | Equity | ₹652.69 Cr | 1.24% |
| Hero MotoCorp Ltd | Equity | ₹633.01 Cr | 1.20% |
| TVS Motor Co Ltd | Equity | ₹620.27 Cr | 1.18% |
| Lupin Ltd | Equity | ₹552.74 Cr | 1.05% |
| Life Insurance Corporation of India | Equity | ₹541.65 Cr | 1.03% |
| HDFC Life Insurance Co Ltd | Equity | ₹540.23 Cr | 1.03% |
| Vedanta Ltd | Equity | ₹489.32 Cr | 0.93% |
| Tata Steel Ltd | Equity | ₹485.53 Cr | 0.92% |
| Ambuja Cements Ltd | Equity | ₹413.34 Cr | 0.79% |
| Sikka Ports And Terminals Limited (06/06/2025) ** | Cash - Commercial Paper | ₹399.65 Cr | 0.76% |
| Vodafone Group PLC ADR | Equity | ₹387.65 Cr | 0.74% |
| Cummins India Ltd | Equity | ₹383.47 Cr | 0.73% |
| LIC Housing Finance Ltd | Equity | ₹382.33 Cr | 0.73% |
| HCL Technologies Ltd | Equity | ₹375.41 Cr | 0.71% |
| Aurobindo Pharma Ltd | Equity | ₹370.81 Cr | 0.70% |
| Gujarat State Petronet Ltd | Equity | ₹317.91 Cr | 0.60% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹317.22 Cr | 0.60% |
| Asian Paints Ltd | Equity | ₹315.94 Cr | 0.60% |
| Zydus Lifesciences Ltd | Equity | ₹310.25 Cr | 0.59% |
| Bharat Petroleum Corp Ltd | Equity | ₹303.48 Cr | 0.58% |
| Kotak Securities Ltd | Cash - Commercial Paper | ₹274.9 Cr | 0.52% |
| Cipla Ltd | Equity | ₹267.61 Cr | 0.51% |
| Bajaj Finserv Ltd | Equity | ₹249.89 Cr | 0.48% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹245.98 Cr | 0.47% |
| UPL Ltd | Equity | ₹236.66 Cr | 0.45% |
| AWL Agri Business Ltd | Equity | ₹222.16 Cr | 0.42% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹216.43 Cr | 0.41% |
| Bata India Ltd | Equity | ₹201.11 Cr | 0.38% |
| Hindalco Industries Ltd | Equity | ₹200.3 Cr | 0.38% |
| Zee Entertainment Enterprises Ltd | Equity | ₹190.29 Cr | 0.36% |
| Wipro Ltd | Equity | ₹169 Cr | 0.32% |
| Gland Pharma Ltd | Equity | ₹165.89 Cr | 0.32% |
| Tata Chemicals Ltd | Equity | ₹164.52 Cr | 0.31% |
| ACC Ltd | Equity | ₹163.5 Cr | 0.31% |
| Net Current Assets | Cash | ₹161.43 Cr | 0.31% |
| Alkem Laboratories Ltd | Equity | ₹152.26 Cr | 0.29% |
| Galaxy Surfactants Ltd | Equity | ₹151.74 Cr | 0.29% |
| Reliance Retail Ventures Ltd. ** | Cash - Commercial Paper | ₹149.79 Cr | 0.28% |
| 91 Days Tbill Red 12-06-2025 | Bond - Gov't/Treasury | ₹149.74 Cr | 0.28% |
| 364 DTB 07082025 | Bond - Gov't/Treasury | ₹148.47 Cr | 0.28% |
| TVS Holdings Ltd | Equity | ₹141.36 Cr | 0.27% |
| Great Eastern Shipping Co Ltd | Equity | ₹138.17 Cr | 0.26% |
| IndusInd Bank Ltd | Equity | ₹134.8 Cr | 0.26% |
| India (Republic of) | Bond - Short-term Government Bills | ₹123.84 Cr | 0.24% |
| Gateway Distriparks Ltd | Equity | ₹115.46 Cr | 0.22% |
| Kalpataru Projects International Ltd | Equity | ₹114.1 Cr | 0.22% |
| India (Republic of) | Bond - Short-term Government Bills | ₹99.39 Cr | 0.19% |
| India (Republic of) | Bond - Short-term Government Bills | ₹99.3 Cr | 0.19% |
| JK Lakshmi Cement Ltd | Equity | ₹92.09 Cr | 0.18% |
| PVR INOX Ltd | Equity | ₹91.18 Cr | 0.17% |
| Zydus Wellness Ltd | Equity | ₹89.3 Cr | 0.17% |
| Coal India Ltd | Equity | ₹89.3 Cr | 0.17% |
| Cash Margin - Derivatives | Cash - Collateral | ₹76.25 Cr | 0.14% |
| TTK Prestige Ltd | Equity | ₹67.82 Cr | 0.13% |
| Gujarat Gas Ltd | Equity | ₹66.5 Cr | 0.13% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹49.97 Cr | 0.10% |
| Titan Co Ltd. | Cash - Commercial Paper | ₹49.93 Cr | 0.09% |
| 364 DTB | Bond - Gov't/Treasury | ₹49.91 Cr | 0.09% |
| UPL Ltd Ordinary Shares (Partly Paid Rs.1) | Equity | ₹37.02 Cr | 0.07% |
| V-Guard Industries Ltd | Equity | ₹36.13 Cr | 0.07% |
Allocation By Market Cap (Equity)
Large Cap Stocks
79.75%
Mid Cap Stocks
6.74%
Small Cap Stocks
4.36%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹16,270.43 Cr | 30.93% |
| Healthcare | ₹5,653.38 Cr | 10.75% |
| Energy | ₹5,182.92 Cr | 9.85% |
| Consumer Cyclical | ₹4,344.91 Cr | 8.26% |
| Technology | ₹3,971.49 Cr | 7.55% |
| Consumer Defensive | ₹3,700.14 Cr | 7.03% |
| Industrials | ₹3,249.65 Cr | 6.18% |
| Basic Materials | ₹2,749.97 Cr | 5.23% |
| Communication Services | ₹2,050.1 Cr | 3.90% |
| Utilities | ₹1,655.52 Cr | 3.15% |
Risk & Performance Ratios
Standard Deviation
This fund
11.99%
Cat. avg.
14.52%
Lower the better
Sharpe Ratio
This fund
1.26
Cat. avg.
0.97
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.70
Higher the better
Fund Managers
SN
Sankaran Naren
Since January 2021
DK
Dharmesh Kakkad
Since January 2021
SD
Sharmila D’mello
Since June 2022
MJ
Masoomi Jhurmarvala
Since November 2024
Additional Scheme Detailsas of 31st May 2025
ISIN | INF109K01AF8 | Expense Ratio | 1.53% | Exit Load | 1.00% | Fund Size | ₹52,598 Cr | Age | 20 years 10 months | 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
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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  |
|---|---|---|---|---|
| Axis Nifty500 Value 50 ETF Very High Risk | 0.3% | - | ₹11.62 Cr | - |
| Mahindra Manulife Value Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹383.28 Cr | - |
| Mahindra Manulife Value Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹383.28 Cr | - |
| Axis Nifty500 Value 50 Index Fund Regular Growth Very High Risk | 1.1% | 0.0% | ₹90.23 Cr | - |
| Axis Nifty500 Value 50 Index Fund Direct Growth Very High Risk | 0.2% | 0.0% | ₹90.23 Cr | - |
| ICICI Prudential Nifty200 Value 30 ETF Very High Risk | 0.3% | - | ₹10.22 Cr | - |
| ICICI Prudential Nifty50 Value 20 ETF Very High Risk | 0.3% | - | ₹190.18 Cr | 2.3% |
| HSBC Value Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹13325.48 Cr | 3.2% |
| Quant Value Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹1794.51 Cr | -9.0% |
| Quant Value Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1794.51 Cr | -7.5% |
About the AMC
Total AUM
₹9,45,300 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 Regular Growth?
The NAV of ICICI Prudential Value Discovery Fund Regular Growth, as of 17-Jun-2025, is ₹465.48.
What are the returns of ICICI Prudential Value Discovery Fund Regular Growth?
The fund has generated 11.22% over the last 1 year and 26.40% 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 Regular Growth?
The fund's allocation of assets is distributed as 92.83% in equities, 0.00% in bonds, and 7.17% in cash and cash equivalents.
Who manages the ICICI Prudential Value Discovery Fund Regular Growth?
The fund managers responsible for ICICI Prudential Value Discovery Fund Regular Growth are:-
- Sankaran Naren
- Dharmesh Kakkad
- Sharmila D’mello
- Masoomi Jhurmarvala
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.