ICICI Prudential Value Discovery Fund Direct Plan Growth
Equity
Direct
Value
NAV: ₹ 430.46 as on 16-04-2024
Fund Performance
18785 people have invested ₹ 19.5Cr in ICICI Prudential Value Discovery Fund Direct Plan Growth in the last three months
Mutual Fund Insights
Over the last 6 months, this fund has decreased expense ratio by 9.9% moving from 1.11 to 1.00.
Over the last 6 months, this fund has experienced a 21.6% growth in AUM moving from 33.93K Cr to 41.28K Cr.
In the last 5 years, JM Value Fund (Direct) - Growth has given 22.51% return, outperforming this fund by 0.16% per annum.
This fund with AUM at ₹41281.57Cr 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% which is lower than the category average expense ratio of 1.34%.
In the last 1 year, Quant Value Fund Direct Growth has given 78.99% return, outperforming this fund by 37.03%.
In the last 3 years, JM Value Fund (Direct) - Growth has given 29.35% return, outperforming this fund by 2.34% per annum.
INDmoney Rank of ICICI Prudential Value Discovery Fund Direct Plan Growth
Powered by IND quant engine
2
/11
74% Performance
66% Risk Management
62% Cost
2 out of 11 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 ICICI Prudential Value Discovery Fund Direct Plan Growth
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 Sankaran Naren, Dharmesh Kakkad. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Value Discovery Fund Direct Plan Growth has ₹41282 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 1.
ICICI Prudential Value Discovery Fund Direct Plan Growth Overview
 | 1% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹41282 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 52.91% |
ICICI Prudential Value Discovery Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
80.3%
Mid cap
8%
Small cap
5.3%
Sector Allocation
Financial Services
29.4%
Health
13.2%
Energy
12.8%
Communication
9.8%
Consumer Defensive
8.2%
Tech
7.8%
Consumer Cyclical
7.8%
Utilities
4.9%
Industrial
3.3%
Basic Materials
2.8%
Top Holdings of ICICI Prudential Value Discovery Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings76
Debt Holdings2
ICICI Prudential Value Discovery Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.15% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 1.62% in Mar'24
AUM Change
- AUM of the fund stands at 41.3K Cr as of Mar'24
- AUM increased by 628.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in ICICI Prudential Value Discovery Fund Direct Plan Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Bharti Airtel Ltd | 4.9% |
 ITC Ltd | 1.8% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 Hindustan Unilever Ltd | -3.5% |
 Axis Bank Ltd | -0.6% |
Peer Analysis
ICICI Prudential Value Discovery Fund Direct Plan Growth Fund Manager
Sankaran Naren
Fund Manager of ICICI Prudential Value Discovery Fund Direct Plan Growth, since 18 January 2021
Top funds managed
Dharmesh Kakkad
Fund Manager of ICICI Prudential Value Discovery Fund Direct Plan Growth, since 18 January 2021
Top funds managed
ICICI Prudential Value Discovery Fund Direct Plan 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 19.42% since inception which is more than its category average return of 17.94%
Fund Allocations
This fund has an allocation of 93.56% in Equity, 0% in Debt and 6.44% in Cash related instruments
AUM size ₹41282 Cr
This fund has AUM of ₹41282 Cr which is more than its category average of ₹ 4632 Cr
Expense Ratio 1%
This fund has an expense ratio of 1% which is less than its category average expense ratio of 1.47%
Frequently Asked Questions
The current NAV of ICICI Prudential Value Discovery Fund Direct Plan Growth is ₹430.46 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
ICICI Prudential Value Discovery Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.34% | 1.34% |
6 Month Returns | 19.98% | 19.98% |
1 Year Returns | 41.96% | 41.96% |
3 Years Returns | 104.87% | 27.01% |
5 Years Returns | 174.2% | 22.35% |
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1% as on March 2024
₹41282 Cr as on March 2024
HDFC Bank Ltd(8.83%), Reliance Industries Ltd(7.28%), ICICI Bank Ltd(7.07%), Sun Pharmaceuticals Industries Ltd(6.09%), Bharti Airtel Ltd(5.94%) as on March 2024
Financial Services(27.54%), Health(12.34%), Energy(11.99%) as on March 2024
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 | 7.56 | 9.91 | 6.32 |
As on March 2024
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 | 0.84 | 0.76 | 0.83 |
As on March 2024
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 | 3.18 | 1.8 | 1 |
As on March 2024
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 | 9.83 | 11.13 | 16.78 |
As on March 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 4.08 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.44 as on March 2024. 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 Plan Growth
The Exit load of ICICI Prudential Value Discovery Fund Direct Plan Growth is 1%