ICICI Prudential Value Discovery Fund - Growth - Direct Plan

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  • 0.72 %Nav, as on 24-04-2019

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    ICICI Prudential Value Discovery Fund - Growth - Direct Plan 2 PersonalFN

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Fund Overview Growth | Direct Plan

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Fund Objective

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

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
ICICI Prudential Value Discovery Fund - Direct Plan - Growth 1.61 6.39 1.52 8.93 15.27 20.05
NIFTY 50 - TRI 1.98 4.01 3.99 14.97 14.08 13.54
S&P BSE 500 - TRI 1.99 6.95 4.43 14.99 13.98 9.76

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
ICICI Prudential Value Discovery Fund - Direct Plan - Growth Aug 16, 2004 1.52 8.93 15.27 2.26 16,591.75
Aditya Birla Sun Life Pure Value Fund - Growth - Direct Plan Mar 27, 2008 -20.26 8.64 16.00 2.28 4,518.66
IDFC Sterling Value Fund-Direct Plan-Growth Mar 07, 2008 -10.92 14.96 16.73 2.07 3,226.47
Quantum Long Term Equity Value Fund - Direct Plan Growth Option Mar 13, 2006 6.13 12.22 13.11 1.28 967.72
Reliance Value Fund - Direct Plan Growth Plan Jun 08, 2005 -1.61 13.47 15.83 2.10 3,255.30
Templeton India Value Fund - Direct - Growth Sep 10, 1996 -4.35 11.84 13.72 2.58 568.79

Fund Holdings as on 31-March-2019

  • Nifty 50 Index

  • State Bank Of India

  • Sun Pharmaceutical Industries Ltd.

  • Infosys Ltd.

  • NTPC Ltd.

  • ITC Ltd.

  • Indian Oil Corporation Ltd.

  • Wipro Ltd.

  • Mahindra & Mahindra Ltd.

  • TREPS

  • Reverse Repo

  • NABARD **

  • Indian Oil Corporation Ltd. **

  • PI Industries Ltd.

  • Exide Industries Ltd.

  • IDFC First Bank Ltd. **

  • Hindalco Industries Ltd.

  • Bharti Airtel Ltd.

  • Power Grid Corporation Of India Ltd.

  • Amara Raja Batteries Ltd.

  • Tata Motors Ltd.

  • Larsen & Toubro Ltd.

  • HDFC Bank Ltd.

  • Vedanta Ltd.

  • Container Corporation Of India Ltd.

  • HCL Technologies Ltd.

  • Tata Power Company Ltd.

  • HDFC Bank Ltd. - 27 Jun 2019 (Duration - 91 Days)

  • NABARD **

  • Coal India Ltd.

  • Petronet LNG Ltd.

  • Max Financial Services Ltd.

  • Tata Consultancy Services Ltd.

  • Zee Entertainment Enterprises Ltd.

  • Gujarat Pipavav Port Ltd.

  • SBI Life Insurance Company Ltd.

  • The Great Eastern Shipping Company Ltd.

  • Bharat Electronics Ltd.

  • Oil & Natural Gas Corporation Ltd.

  • Persistent Systems Ltd.

  • Sadbhav Engineering Ltd.

  • Cipla Ltd.

  • Axis Bank Ltd.

  • GAIL (India) Ltd.

  • Gateway Distriparks Ltd.

  • Kotak Mahindra Bank Ltd.

  • The Jammu & Kashmir Bank Ltd.

  • Karur Vysya Bank Ltd.

  • RBL Bank Ltd. - 17 Jun 2019 (Duration - 91 Days)

  • The Karnataka Bank Ltd.

  • Cash Margin - Derivatives

  • 182 Days Treasury Bills

  • HDFC Bank Ltd. - 23 Apr 2019 (Duration - 91 Days)

  • Net Current Assets

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  • IT - Software

  • Miscellaneous

  • Power Generation/Distribution

  • Pharmaceuticals & Drugs

  • Bank - Public

  • Batteries

  • Cigarettes/Tobacco

  • Refineries

  • Metal - Non Ferrous

  • Automobiles - Passenger Cars

  • Bank - Private

  • Pesticides & Agrochemicals

  • Engineering - Construction

  • Logistics

  • Telecommunication - Service Provider

  • Automobiles-Trucks/Lcv

  • Industrial Gases & Fuels

  • Mining & Minerals

  • Finance - Others

  • TV Broadcasting & Software Production

  • Port

  • Insurance

  • Shipping

  • Engineering - Industrial Equipments

  • Oil Exploration

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About ICICI Prudential Value Discovery Fund

ICICI Prudential Value Discovery Fund is one of the few value-styled schemes that has lived up to its name. Initially, the scheme remained focused on the mid-cap space, identifying undervalued stocks that were yet to be discovered by the market. But as its corpus grew extensively, the fund house modified the investment strategy of the scheme to offer it adequate diversification to larger stocks. 

Accordingly, ICICI Prudential Value Discovery Fund follows multi-cap strategy with strong focus on finding value stocks to seek undervalued stocks from across market caps and generating long-term wealth creation for investors.

ICICI Prudential Value Discovery Fund's identifies value stocks as those that have attractive valuations in relation to earnings or book value or current and/or future dividends. It adopts a ""Bottom-up"" strategy, to identify and select undervalued stocks based on an evaluation of several parameters such as earnings, asset value, free cash flow, dividend yield, etc. Among other parameters, the fund also takes into account the management competitiveness, business competitiveness and growth prospects of companies. 

ICICI Prudential Value Discovery Fund is mandated to invest at least 80% of its assets in equities and the maximum exposure to cash and money market instruments can go up to 20% of its assets. The fund strictly sticks to its investment mandate and prefers to stay fully invested in equities. Moreover its sound risk management and effective portfolio strategies has helped it perform consistently in the past and limit downsides during extreme conditions.

Scheme Analysis

ICICI Prudential Value Discovery Fund is a Equity - Value Fund fund and belongs to ICICI Prudential Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹16,591.75 crore. ICICI Prudential Value Discovery Fund is benchmarked against NIFTY 50 - TRI as primary index and S&P BSE 500 - TRI as secondary index.

The NAV of ICICI Prudential Value Discovery Fund ended up ₹1.12(0.72%)yesterday to ₹155.88.

Among its top 3 holdings the fund has exposure to Nifty 50 Index, State Bank Of India and Sun Pharmaceutical Industries Ltd.

The ICICI Prudential Value Discovery Fund is managed by Mrinal Singh and Priyanka Khandelwal.

Fund House Contact

One BKC, A - Wing 13th Floor, Bandra Kurla Complex, Bandra (East) Mumbai - 400 051

+91 (22) 2652 5000
enquiry@icicipruamc.com
+91 (22) 2652 8100

  • Cash

  • Deposits

  • Derivatives

  • Equity

  • FITCH A1+

  • ICRA A1+

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