ICICI Pru Value Discovery Fund(G)

View the direct plan of this scheme

Rs 442.15   -2.53(-0.569 %) NAV as on 19 Dec 2024
Prime Rating: 5 
Prime Recommendation: Upgrade to see

Fund type:
Equity
AUM (in crores):
₹ 48,987.78
Fund category:
Value Fund
Fund manager(s):
Sankaran Naren, Dharmesh Kakkad, Masoomi Jhurmarvala
Benchmark:
NIFTY 500 - TRI
Minimum investment:
₹ 1000
Launch date:
16 Aug 2004
Min. additional investment:
₹ 500
Expense ratio:
1.54 %
Exit load:
1% on or before 12M, Nil after 12M

Scheme Objective: To generate returns through a combination of dividend income and capital appreciation by investing primarily in a well-diversified portfolio of value stocks.


Performance (As on 19 Dec 2024)

6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme5.63 % 22.70 % 22.98 %25.48 % 20.46 %
NIFTY 5000.06 % 18.80 % 15.98 %17.62 % N/A

Portfolio

Top 10 stock holdings
Allocation (%)
HDFC Bank Ltd.
8.16%
ICICI Bank Ltd.
6.76%
Reliance Industries Ltd.
6.44%
Infosys Ltd.
5.37%
Sun Pharmaceutical Industries Ltd.
4.88%
Maruti Suzuki India Ltd.
3.66%
Axis Bank Ltd.
3.59%
State Bank Of India
3.32%
Bharti Airtel Ltd.
3.07%
Hindustan Unilever Ltd.
2.81%

About this category

Value funds invest in stocks with growth potential but are trading at price-earnings multiples that are below average or the market. Funds use a combination of valuation metrics, including price-to-earnings and price-to-book ratios. Returns come in when markets take note of the growth in these stocks and re-rate them higher, at which point the funds book profits. These funds can go through phases of poor performance and needs to be held right through these periods. The Nifty 500 or the BSE 500 can be used as benchmarks to measure performance.

Suitability

Value funds suit investors with high risk appetites. The minimum period for which these funds need to be held is 7 years.

Taxation
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