How has India’s eighth-largest actively managed equity fund performed?

Identifying India’s eighth-largest equity fund

ICICI Prudential Value Discovery Fund. Now, let’s look at their short- and long-term performance.

Fund details

It is a value fund with total assets of Rs 40,653 crore, Value Research Rating: 5 stars, Expense ratio: 1.01%, Managed by: Sankaran Naren, Note: As of Feb 29, 2024. Direct plan.

1-year performance

Fund’s return: 44%, BSE 500 TRI return: 38.1%, Category rank: 10/19, Note: Returns of direct plans as of March 20, 2024. Benchmark is BSE 500 TRI

5-year performance

Fund’s return: 22.4%, BSE500 TRI returns: 16.9%, Category rank: 1/13, Note: Returns of direct plans as of March 20, 2024. Benchmark is BSE 500 TRI

Since inception (August 2004)

Fund’s return: 20.5%, Sensex TRI: 16%, Note: Returns of regular plans as of March 20, 2024. Benchmark is Sensex TRI.

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