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4 star

ICICI Prudential Value Discovery Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.44 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.10 Lakh

Suitability:

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. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other value-oriented fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 16.78 -1.26 -0.32 5.66 5.02 29.62 71.99 12.96 13.69 16.18 --
S&P BSE 100 TRI 6.16 -0.27 -0.75 1.65 -2.25 16.61 62.75 11.74 14.92 12.59 --
Equity: Value Oriented 12.68 -0.81 -0.38 3.42 1.35 24.89 72.39 8.78 14.07 15.15 --
Rank within category 5 17 8 2 4 5 6 2 9 5 --
Number of funds in category 18 18 18 18 18 17 17 14 14 13 1

As on 14-May-2021

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 - Direct Plan  | Invest Now
4 star
Jan-13 71.99 12.96 13.69 1.32 17,825
Invesco India Contra Fund - Direct Plan  | Invest Online
4 star
Jan-13 63.33 11.50 17.47 0.56 6,438
UTI Value Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 65.74 12.39 14.16 1.29 5,526
Tata Equity PE Fund - Direct Plan  | Invest Online
4 star
Jan-13 54.00 6.29 15.37 0.79 4,503
Nippon India Value Fund - Direct Plan  | Invest Online
4 star
Jan-13 75.37 10.65 15.30 1.41 3,531

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 13.96 01-Apr-2020 - 09-Apr-2020 -15.34 11-Mar-2020 - 18-Mar-2020
Month 23.85 07-May-2014 - 06-Jun-2014 -31.05 20-Feb-2020 - 23-Mar-2020
Quarter 38.68 10-Mar-2014 - 09-Jun-2014 -31.48 23-Dec-2019 - 23-Mar-2020
Year 104.70 03-Sep-2013 - 03-Sep-2014 -32.40 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 12.73 19.93 0.42 0.53 0.86 0.68
S&P BSE 100 TRI 13.30 21.87 0.41 0.48 -- --
Equity: Value Oriented 10.45 23.80 0.26 0.29 1.04 -3.24
Rank within category 4 1 3 1 1 2
Number of funds in category 15 15 15 15 15 15

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Apr-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 62
Top 10 Stocks (%) 54.29
Top 5 Stocks (%) 34.87
Top 3 Sectors (%) 45.78
Portfolio P/B Ratio 1.89
Portfolio P/E Ratio 21.84

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 95,045 97,956
Giant (%) 42.92 43.64
Large (%) 33.79 20.18
Mid (%) 17.95 25.12
Small (%) 5.35 11.61
Tiny (%) -- 0.43

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down Sun Pharmaceutical Inds. Healthcare 68.82 11.48 7.16 9.69
equal Mahindra & Mahindra Automobile -- 9.73 3.24 7.74
down Bharti Airtel Communication -- 6.84 1.71 6.02
up NTPC Energy 14.37 6.83 4.59 5.92
up Axis Bank Financial 29.18 5.50 0.00 5.50
down Infosys Technology 29.00 9.80 5.39 5.39
equal BPCL Energy 23.88 3.82 0.00 3.76
up HCL Technologies Technology 22.16 4.06 1.08 3.53
down Tata Steel Metals 18.20 3.41 0.00 3.41
equal ITC FMCG 19.71 4.35 3.14 3.34
up ICICI Bank Financial 22.48 3.26 0.00 3.26
up ONGC Energy 156.42 2.62 0.00 2.62
equal GAIL Energy 8.22 2.80 0.00 2.61
equal Hindalco Inds. Metals 38.69 2.46 0.00 2.46
down Grasim Industries Construction 22.19 3.87 0.00 2.44
down PI Industries Chemicals 61.18 5.84 1.77 2.15
down Exide Industries Engineering 19.04 3.19 2.03 2.06
down Max Financial Services Financial 92.95 2.49 0.92 2.03
equal Vedanta Metals 8.73 2.00 0.00 1.87
equal Tata Power Energy 28.75 1.83 0.79 1.66
down Amara Raja Batteries Engineering 22.14 2.77 1.33 1.54
equal Bank of Baroda Financial 13.94 1.71 0.00 1.50
down Persistent Systems Technology 38.55 1.45 0.44 1.45
equal State Bank of India Financial 13.87 8.14 0.00 1.25
equal LIC Housing Fin. Financial 7.86 1.31 0.00 1.23

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2021

Fund Manager

— Dharmesh Kakkad since 16-Jan-2021

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.

Funds Managed:

— Sankaran Naren since 16-Jan-2021

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.

Interviews:

Funds Managed:


-1.26%

Change from previous, NAV as on 14-May-2021

Growth: ₹ 218.6300

IDCW: ₹ 60.7900


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.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
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-2013
Return Since Launch: 17.06%
Benchmark: Nifty 500 Value 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 17,825 Cr (As on 30-Apr-2021)
Expense: 1.32% (As on 31-Mar-2021)
Risk Grade: Below Average
Return Grade: Average
Turnover: 25.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW10-Mar-20213.7500

 13-Mar-20201.7531
 20-Mar-20193.3203
 16-Mar-20184.1500
 23-Mar-20161.0000
 20-Mar-20151.0000

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Phone: 022-26525000 / 1800-222-999 / 1800-200-6666

Fax: 022-26528100

Email: [email protected]

Website: http://www.icicipruamc.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Last Session

Investors' Hangout

With the resurgence of COVID-19, what should investors do?

DateFriday, 07-May-2021
Time12:30 PM - 01:00 PM

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