July 18, 2022
mayank
ICICI Prudential Value Discovery Fund Guidance
NAV Growth : Rs 261.3400
NAV IDCW : Rs 69.0600
Suitable For Which Investors ?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than what the fund management team believes is their true worth.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to generate returns through a combination of dividend income and capital appreciation by investing primarily in a well-diversified portfolio of value stocks.
Fund Manager :
— Dharmesh Kakkad
Education : Mr. kakkad is B.com., CA & CFA.
Experience : He is associated with ICICI Prudential Asset Management Company Limited from June 2010. Prior to working in Dealing function, he was working in the Operations Department of ICICI Prudential AMC.
— 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) | 1,000 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 1 |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | 1% for redemption within 365 days |
Basic Details
| Fund House: | ICICI Prudential Mutual Fund |
| Launch Date: | 01-Jan-13 |
| Return Since Launch: | 16.98% |
| Benchmark: | NIFTY 500 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| % Assets: | Rs 23,053 Cr |
| (As on 30-Jun-2022) | |
| Expense: | 1.25% |
| (As on 31-May-2022) | |
| Risk Grade: | Low |
| Return Grade: | Average |
| Turnover: | 89.00% |
ICICI Prudential Value Discovery Fund Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| ICICI Pru Value Discovery Direct-G | 0.23 | 0.35 | -0.31 | 1.41 | -7.53 | -4.67 | 11.43 | 19.42 | 13.01 | 11.98 | — |
| S&P BSE 100 TRI | -6.02 | 0.71 | -0.62 | 2.8 | -7.94 | -10.66 | 2.57 | 13.41 | 11.32 | 11.06 | — |
| Equity: Value Oriented | -6.24 | 0.51 | -0.33 | 3.31 | -7.77 | -10.53 | 1.82 | 15.75 | 10.35 | 11.71 | — |
| Rank within category | 1 | 19 | 10 | 21 | 14 | 1 | 1 | 3 | 4 | 7 | — |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 19 | 17 | 14 | 13 | 1 |
ICICI Prudential Value Discovery Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential Value Discovery Fund | 4 star | Jan-13 | 11.43 | 19.42 | 13.01 | 1.25 | 23,053 |
| Invesco India Contra Fund | 4 star | Jan-13 | 1.3 | 16.43 | 13.33 | 0.58 | 8,211 |
| UTI Value Opportunities Fund | 4 star | Jan-13 | 0.12 | 16.33 | 12.11 | 1.25 | 6,055 |
| SBI Contra Fund | 4 star | Jan-13 | 10.97 | 24.78 | 13.45 | 1.27 | 4,670 |
| IDFC Sterling Value Fund | 4 star | Jan-13 | 7 | 20.96 | 12.06 | 0.85 | 4,254 |
Portfolio Analysis
| Number of Stocks | 66 |
| Top 10 Stocks (%) | 54.15 |
| Top 5 Stocks (%) | 37.04 |
| Top 3 Sectors (%) | 47.74 |
| Portfolio P/B Ratio | 1.71 |
| Portfolio P/E Ratio | 11.91 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,37,380 | 1,15,033 |
| Giant (%) | 57.56 | 45.89 |
| Large (%) | 24.62 | 21.54 |
| Mid (%) | 12.77 | 23.27 |
| Small (%) | 5.05 | 9.65 |
| Tiny (%) | — | 0.52 |
ICICI Prudential Value Discovery Fund Guidance by Chanakya :
Do not invest in this, or any other value-oriented fund, if you need to redeem your investment in less than five years.
Apply Online :
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