December 26, 2025
RA Jainee
ICICI Prudential India Opportunities Fund
| Fund at a Glance | |
| NAV Growth | Rs 41.17 |
| NAV Bonus | — |
| NAV IDCW | Rs 27.49 |
| Min. Investment (Rs.) | 5,000 |
| Min. SIP Investment (Rs.) | 100 |
| Min. No of Cheques | 6 |
| Benchmark | NIFTY 500 TRI |
| AUM Rs. | 33,946 Cr |
| (As on 30-Nov-2025) | |
| Expense | 0.65% |
| 1 Year Return (%) | 13.38 |
| 3 Year Return (%) | 25.24 |
| 5 Year Return (%) | 28.79 |
| 10 Year Return (%) | — |
| Return Since Launch | 22.60% |
⚖️ Sahifund Review – ICICI Prudential India Opportunities Fund
PLUS: Stability | Track Record | Cost Efficiency
This fund has delivered impressive long-term performance, with nearly 29% CAGR over 5 years and strong outperformance versus the NIFTY 500 TRI. Its special situations strategy allows participation in corporate restructuring, policy-driven themes and turnaround opportunities, offering differentiated alpha. Backed by a seasoned fund management team led by Sankaran Naren, the fund benefits from deep macro and valuation-driven insights. A reasonable expense ratio of 0.65% adds to cost efficiency, while a diversified portfolio of 70+ stocks helps manage theme-specific risks.
MINUS: Large AUM | Cyclical Bets | Momentum Sensitivity
With a large AUM of ~Rs. 34,000 crore, flexibility in exploiting niche opportunities can be constrained. Returns may be lumpy and cycle-dependent, as special situations take time to play out. During strong momentum-led rallies, the fund may lag pure growth or sector-focused strategies, requiring patience from investors.
Sahifund View (Decisive Line):
A strong choice for investors with 5+ year horizon seeking differentiated alpha beyond plain vanilla equity funds, but best held alongside core diversified equity schemes.
👉 Apply Online | Ask Us MF Queries |
| NFO Guidance |
What lies ahead? Below we decode returns consistency, portfolio concentration, peer positioning and risk profile in detail.
Suitable For Which Investors?
Such thematic funds are suitable for investors:
1. Seeking exposure in a diversified set of stocks for high returns
2. Aiming for long term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
Fund’s Investment Strategy:
The scheme seeks to generate long-term capital appreciation by investing in opportunities presented by special situations such as corporate restructuring, Government policy and/or regulatory changes, companies going through temporary unique challenges and other similar instances.
Fund Manager:
1) Divya Jain
Education: CA, CFA level-1 and B.Com
Experience: Prior to joining the ICICI MF, she was associated with Ultratech Cements Ltd.
2) Roshan Chutkey
Education: Roshan Chutkey did his engineering from IIT Madras, MBA from IIM Lucknow and has a Masters in Finance degree from London Business School.
Experience: He is associated with ICICI Prudential AMC from February 2015 and has 12 years of overall experience in the industry.
3) Sankaran Naren
Education: Mr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata.
Experience: Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 365 days |
Basic Details of ICICI Prudential India Opportunities Fund
| Fund House | ICICI Prudential Mutual Fund |
| Launch Date | 15-Jan-19 |
| Return Since Launch | 22.60% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 33,946 Cr |
| (As on 30-Nov-2025) | |
| Expense | 0.65% |
| (As on 30-Nov-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 62.00% |
Trailing Returns (%) of ICICI Prudential India Opportunities Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ICICI Pru India Opportunities Dir | 13.67 | -0.46 | 0.68 | 4.70 | 6.44 | 13.38 | 25.24 | 28.79 | — | — |
| BSE 500 TRI | 7.53 | -0.17 | 0.73 | 2.95 | 3.84 | 7.43 | 17.38 | 17.18 | — | — |
Peer Comparison of ICICI Prudential India Opportunities Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| ICICI Pru India Opportunities Dir | Unrated | 13.38 | 25.24 | 28.79 | 0.65 | 33,946 | 22.60 | 1.00 (365) | 6Y 11M | 62.00 |
| Franklin India Opportunities Dir | Unrated | 4.88 | 32.38 | 24.35 | 0.52 | 8,304 | 17.99 | 1.00 (365) | 12Y 11M | 55.50 |
| HDFC Defence Dir | Unrated | 10.34 | — | — | 0.80 | 7,403 | 41.04 | 1.00 (365) | 2Y 6M | 14.67 |
| Sundaram Services Dir | Unrated | 11.84 | 20.7 | 22.12 | 0.72 | 4,769 | 20.76 | 1.00 (365) | 7Y 3M | 40.50 |
| ICICI Pru Eqt Minimum Variance Fund Dir | Unrated | 14.01 | — | — | 0.71 | 3,880 | 11.69 | 1.00 (360) | 1Y | 69.00 |
Portfolio Analysis of ICICI Prudential India Opportunities Fund
| No. of Stocks | 73 |
| Top 10 Stocks | 46.06% |
| Top 5 Stocks | 27.52% |
| Top 3 Sectors | 58.27% |
| Portfolio P/B Ratio | 2.92 |
| Portfolio P/E Ratio | 17.96 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,59,053 | 1,42,503 |
| Giant (%) | 67.19 | 43.42 |
| Large (%) | 11.53 | 23.71 |
| Mid (%) | 19.27 | 30.08 |
| Small (%) | 2.01 | 10.58 |
| Tiny (%) | — | 0.02 |
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Quicklinks
- Chanakyanipothi.com
- Staffavailable.com
- BigGaddi.com
- Latest IPO GMP
- Best Stocks to buy today
- Grey Market Premium
- Upcoming IPOs
- Subscription Status