ICICI Prudential Value Discovery Fund Direct Plan Growth
Equity
Direct
Value
NAV: ₹ 355.5 as on 26-09-2023
Fund Performance
14688 people have invested ₹ 12.5Cr in ICICI Prudential Value Discovery Fund Direct Plan Growth in the last three months
Fund Insights
Over the last 6 months, this fund has decreased expense ratio by 9.0% moving from 1.22 to 1.11.
In the last 5 years, Bandhan Sterling Value Fund Direct Plan Growth has given 18.13% return, outperforming this fund by 0.51% per annum.
In the last 1 year, Aditya Birla Sun Life Pure Value Fund Direct Plan Growth has given 36.31% return, outperforming this fund by 6.6%.
This fund with AUM at ₹32753.84Cr is among the largest funds in the value category.
This fund has one of the lowest expense ratio in the category (value). Its expense ratio is 1.11% which is lower than the category average expense ratio of 1.39%.
Over the last 6 months, this fund has experienced a 19.3% growth in AUM moving from 27.44K Cr to 32.75K Cr.
In the last 3 years, Bandhan Sterling Value Fund Direct Plan Growth has given 38.43% return, outperforming this fund by 6.41% per annum.
INDmoney Rank
Powered by IND quant engine
1
/9
59% Performance
93% Risk Management
33% Cost
1 out of 9 among value
Pros
Consistently beats benchmark
Lower volatility within category
Lower probablity of downside risk
Cons
No bad points found for this fund.
About the Fund
ICICI Prudential Value Discovery Fund Direct Plan 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 Plan Growth has ₹32754 Cr worth of assets under management (AUM) as on Aug 2023 and is more than category average.
- The fund has an expense ratio 1.1.
ICICI Prudential Value Discovery Fund Direct Plan Growth Overview
 | 1.11% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹32754 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 52.91% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
77.2%
Mid cap
10.4%
Small cap
6.5%
Sector Allocation
Financial Services
27.9%
Energy
14.2%
Health
12.6%
Communication
11.2%
Consumer Cyclical
9.2%
Tech
8.2%
Utilities
5.8%
Industrial
4.5%
Basic Materials
3.4%
Consumer Defensive
2.8%
Top Holdings of ICICI Prudential Value Discovery Fund Direct Plan Growth as on (31-Aug-23)
Equity Holdings69
Debt Holdings3
ICICI Prudential Value Discovery Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at -0.42% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund outperformed Nifty 500 by 0.33% in Aug'23
AUM Change
- AUM of the fund stands at 32.8K Cr as of Aug'23
- AUM increased by 94.4 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in ICICI Prudential Value Discovery Fund Direct Plan Growth portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Lupin Ltd | 11.1% |
 Zee Entertainment Enterprises Ltd | 10.6% |
 Infosys Ltd | 5.1% |
Top Losers | 1M Return |
|---|---|
 HDFC Bank Ltd | -5.5% |
 Bharti Airtel Ltd | -4% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
ICICI Prudential Value Discovery Fund Direct Plan Growth Fund Manager
Dharmesh Kakkad
Fund Manager of ICICI Prudential Value Discovery Fund Direct Plan Growth, since 18 January 2021
Top funds managed
Sankaran Naren
Fund Manager of ICICI Prudential Value Discovery Fund Direct Plan Growth, since 18 January 2021
Top funds managed
Fund 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 18.4% since inception which is more than its category average return of 14.23%
Fund Allocations
This fund has an allocation of 94.14% in Equity, 0% in Debt and 5.86% in Cash related instruments
AUM size ₹32754 Cr
This fund has AUM of ₹32754 Cr which is more than its category average of ₹ 3719 Cr
Expense Ratio 1.11%
This fund has an expense ratio of 1.11% which is less than its category average expense ratio of 1.52%
Frequently Asked Questions
The current NAV of ICICI Prudential Value Discovery Fund Direct Plan Growth is ₹355.47 as on 26-Sep-2023.
Existing (Absolute + CAGR) as on 26-Sep-2023.
ICICI Prudential Value Discovery Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.19% | 3.19% |
6 Month Returns | 21.62% | 21.62% |
1 Year Returns | 29.71% | 29.71% |
3 Years Returns | 130.09% | 32.02% |
5 Years Returns | 125.12% | 17.62% |
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1.11% as on August 2023
₹32754 Cr as on August 2023
Bharti Airtel Ltd(7.03%), HDFC Bank Ltd(6.88%), Oil & Natural Gas Corp Ltd(6.73%), ICICI Bank Ltd(6.65%), Sun Pharmaceuticals Industries Ltd(6.45%) as on August 2023
Financial Services(26.27%), Energy(13.41%), Health(11.82%) as on August 2023
The alpha ratio for the ICICI Prudential Value Discovery Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Value Discovery Fund Direct Plan Growth | 9.7 | 9.4 | 4.46 |
As on August 2023
The alpha for ICICI Prudential Value Discovery Fund Direct Plan 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 Plan Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Value Discovery Fund Direct Plan Growth | 0.79 | 0.76 | 0.81 |
As on August 2023
The Beta for ICICI Prudential Value Discovery Fund Direct Plan 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 Plan 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 Plan Growth | 1.35 | 1.87 | 0.67 |
As on August 2023
The sharpe ratio for ICICI Prudential Value Discovery Fund Direct Plan 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 Plan 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 Plan Growth | 10.15 | 11.97 | 17.02 |
As on August 2023
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 4.86 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.11 as on August 2023. 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 Plan Growth
The Exit load of ICICI Prudential Value Discovery Fund Direct Plan Growth is 1%