Performance Update

ICICI Pru Value Discovery Fund: Cruising steadily

The fund has seen calm waters in the last three years, but are there waves incoming?

The fund has seen calm waters in the last three years, but are there waves incoming?

हिंदी में भी पढ़ें read-in-hindi

ICICI Prudential Value Discovery Fund adopts a bottom-up approach to identify undervalued stocks based on various metrics. It focuses on large-cap stocks with small-caps allocation not exceeding 7 per cent and mid-cap allocation ranging between 15-30 per cent. The return of Sankaran Naren has made the portfolio more focused on conventional valuation metrics, making it a good option for old-school value investors. The fund has delivered 11.57 per cent and 4.08 per cent returns over the last 12 and six-months, placing it in the second and top quartile among its value-oriented peers, respectively. However, its performance in the limited time

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