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3 star

ICICI Prudential Value Discovery Fund


Equity: Value Oriented

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.59 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than 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 their true worth is.

Like 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 -2.57 -0.14 1.32 3.75 18.53 -3.40 -2.50 0.83 4.00 15.13 11.46
S&P BSE 100 TRI -10.57 -0.41 1.52 6.39 18.11 -11.28 -5.26 3.67 6.46 10.82 8.50
Equity: Value Oriented -11.20 -0.54 1.03 5.38 17.16 -12.36 -9.08 -2.26 4.00 12.09 8.81
Rank within category 1 2 3 16 4 1 3 4 7 4 1
Number of funds in category 17 17 17 17 17 17 17 14 13 13 13

As on 10-Jul-2020

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  | Invest Now
3 star
Aug-04 -2.50 0.83 4.00 1.79 14,056
Invesco India Contra Fund  | Invest Online
5 star
Apr-07 -0.47 4.78 8.30 1.86 4,201
UTI Value Opportunities Fund - Regular Plan  | Invest Online
4 star
Jul-05 -2.40 2.51 3.98 1.99 4,017
Tata Equity PE Fund - Regular Plan  | Invest Online
4 star
Jun-04 -5.71 -0.49 7.12 1.99 3,997
Kotak India EQ Contra Fund - Regular Plan  | Invest Online
4 star
Jul-05 -5.15 4.43 6.55 2.44 775

Best & Worst Performance

Best (Period) Worst (Period)
Week 21.08 (14-May-2009 - 21-May-2009) -20.94 (15-Jan-2008 - 22-Jan-2008)
Month 34.23 (06-May-2009 - 05-Jun-2009) -36.90 (24-Sep-2008 - 24-Oct-2008)
Quarter 88.30 (06-Mar-2009 - 05-Jun-2009) -43.25 (02-Sep-2008 - 02-Dec-2008)
Year 186.59 (09-Mar-2009 - 09-Mar-2010) -55.80 (01-Jan-2008 - 31-Dec-2008)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 1.77 18.57 -0.19 -0.23 0.84 -3.56
S&P BSE 100 TRI 5.34 20.93 0.00 0.00 -- --
Equity: Value Oriented 0.12 22.33 -0.23 -0.25 1.02 -5.23
Rank within category 6 1 7 7 1 6
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-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 44
Top 10 Stocks (%) 58.96
Top 5 Stocks (%) 41.11
Top 3 Sectors (%) 44.19
Portfolio P/B Ratio 1.32
Portfolio P/E Ratio 12.18

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 67,856 70,556
Giant (%) 49.24 47.13
Large (%) 25.08 17.73
Mid (%) 23.11 24.12
Small (%) 2.57 10.84
Tiny (%) -- 0.50

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
equal Sun Pharmaceutical Inds. Healthcare 31.45 11.48 7.16 10.12
equal Mahindra & Mahindra Automobile 542.84 8.95 3.24 8.95
equal Infosys Technology 20.07 9.80 4.56 8.60
equal Bharti Airtel Communication -- 6.84 0.00 6.84
equal NTPC Energy 13.29 6.83 4.59 6.58
equal PI Industries Chemicals 53.29 4.79 1.73 4.49
equal ITC FMCG 15.60 4.35 0.00 4.12
equal Wipro Technology 13.05 8.42 3.05 3.28
equal Grasim Industries Construction 9.09 3.05 0.00 3.05
equal HCL Technologies Technology 14.29 2.98 1.08 2.91
equal Indian Oil Corp. Energy -- 4.21 2.38 2.60
equal GAIL Energy 4.90 2.70 0.00 2.52
equal Amara Raja Batteries Engineering 18.00 2.77 1.20 2.51
equal Exide Industries Engineering 16.91 3.19 1.45 2.40
equal Hindalco Inds. Metals 9.76 2.46 1.30 1.99
equal Max Financial Services Financial 104.35 2.49 0.92 1.98
down Tata Steel Metals 26.19 1.79 0.00 1.68
equal Cipla Healthcare 33.30 1.64 0.39 1.64
equal Tata Consultancy Services Technology 26.71 1.82 0.00 1.63
equal ONGC Energy 9.07 1.48 0.00 1.48
equal Cadila Healthcare Healthcare 31.00 1.46 0.00 1.46
equal Container Corp. Services 64.81 2.55 1.44 1.44
equal Vedanta Metals -- 2.00 0.00 1.18
equal Interglobe Aviation Services -- 1.61 0.00 1.17
equal Bank of Baroda Financial 25.67 1.71 0.00 1.06

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 31-May-2020

Fund Manager

— Mrinal Singh since 16-Feb-2011

Education: Mr. Singh is B.E (Mechanical) and PGDM from SPJIMR Mumbai.

Experience: He has been associated with ICICI Prudential AMC since June 2008.

Interviews:

Funds Managed:


-0.14%

Change from previous, NAV as on 10-Jul-2020

Growth: ₹ 138.4400

Dividend: ₹ 20.9800


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 (₹) --
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 16-Aug-2004
Return Since Launch: 17.96%
Benchmark: Nifty 500 Value 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 14,056 Cr (As on 31-May-2020)
Expense: 1.79% (As on 31-May-2020)
Risk Grade: Below Average
Return Grade: Average
Turnover: 25.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend13-Mar-20203.0989

 20-Mar-20193.3203
 16-Mar-20184.1500
 24-Mar-20173.1000
 23-Mar-20162.5000
 20-Mar-20153.3000
 14-Mar-20142.1400
 15-Mar-20132.0000
 16-Mar-20121.0000
 30-Mar-20111.5000
 28-Jun-20101.0000
 18-Dec-20091.5000
 19-Jun-20091.2000
 13-Jun-20081.2000
 14-Dec-20071.2000
 15-Jun-20072.0000
 24-Nov-20062.0000
 23-Mar-20062.0000
 11-Oct-20051.5000
 05-Apr-20051.0000

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

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