ICICI Prudential Value Fund (erstwhile Value Discovery Fund
NAV
₹511.68
as of 21 Aug 2026
ICICI Prudential Value Fund (erstwhile Value Discovery Fund is an open-ended Value Fund scheme from ICICI Prudential Mutual Fund managing ₹61,102 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹511.68 as of 21 Aug 2026. The expense ratio is 0.79% a year. Managed by Sankaran Naren. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.79% / yr
- as of 30 Jun 2026
- Fund size
- ₹61,102 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 16 Aug 2004
- ISIN
- INF109K012K1
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: NIFTY 500 Index
ICICI Prudential Value Fund (erstwhile Value Discovery Fund
₹215
+115% on ₹100 over 5.0 yrs
Value Fund average
₹203
+103% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 1.12% | 4.78% | -3.66 |
| 6 months | -5.47% | 1.65% | -7.12 |
| 1 year | -1.63% | 3.57% | -5.20 |
| 3 years (CAGR) | 13.97% | 15.28% | -1.31 |
| 5 years (CAGR) | 16.54% | 15.24% | +1.30 |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -1.6%
- Median
- 14.6%
- Best
- 46.1%
49 windows over the last 60 months, stepped monthly; 96% ended positive. Worst window began 1 Jul 2025. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 14.3%
- Median
- 21.8%
- Best
- 27.8%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Aug 2023. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.61
- Sharpe ratio (5Y)
- 0.86
- Sortino ratio (3Y)
- 0.93 vs category 0.75
- Standard deviation (3Y)
- 12.73%
- Beta (3Y)
- 0.79
- Alpha (3Y)
- 2.88%
- Deepest fall (5Y)
- -12.73%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-12.7%
Right now
-7.3% below peak
Ahead of its benchmark in 53% of months (window: 3y, monthly) — benchmark: NIFTY 500 Index, name shown only.
Where the money actually is
Equity
92.9%
Cash
7.1%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
79 positions · top 10 = 49.3%
Market-cap mix
Large 79.7%Mid 6.3%Small 7.2%Other 6.8%
as of 31 Jul 2026
Holdings by sector
Financial Services(2 in top 10)36.7%
- ICICI Bank Ltd9.77%
- HDFC Bank Ltd9.04%
Consumer Cyclical(1 in top 10)9.4%
- Maruti Suzuki India Ltd3.53%
Healthcare(1 in top 10)9.1%
- Sun Pharmaceuticals Industries Ltd4.49%
Consumer Defensive(2 in top 10)9.0%
- ITC Ltd4.52%
- Hindustan Unilever Ltd2.81%
Technology(2 in top 10)7.8%
- Infosys Ltd4.46%
- Tata Consultancy Services Ltd2.79%
Energy(1 in top 10)7.0%
- Reliance Industries Ltd5.14%
- Basic Materials6.6%
- Communication Services2.6%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 46.0% vs category 50.1% a year.
Other top holdings
- Treps4.43%
The businesses it owns
- P/E (trailing)
- 19.5 vs category 21.3
- P/B
- 2.6 vs category 2.8
- Dividend yield
- 1.9% vs category 1.4%
- Net margin
- 17.9% vs category 17.1%
- Earnings growth
- 10.5%
- Avg market cap
- ₹3.55 lakh crore
Money in, money out
- Net flow, 12 months
- +₹7,518 cr
- Net flow, 3 months
- +₹870 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of ICICI Prudential Value Fund (erstwhile Value Discovery Fund?
- ₹511.68 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of ICICI Prudential Value Fund (erstwhile Value Discovery Fund?
- 0.79% a year for the Direct plan, as of 30 Jun 2026.
- How large is ICICI Prudential Value Fund (erstwhile Value Discovery Fund?
- ₹61,102 crore under management as of 31 Jul 2026, in the Value Fund category.
- How risky is ICICI Prudential Value Fund (erstwhile Value Discovery Fund?
- Its SEBI Riskometer reading is "Very High Risk". Style bets: out-of-favour companies, steady payers, concentrated conviction.
- What are the 5-year returns of ICICI Prudential Value Fund (erstwhile Value Discovery Fund?
- 16.54% a year over the last 5 years (Direct plan, CAGR), against a Value Fund average of 15.24%. Past returns do not predict future returns.
- What is the worst 3-year return of ICICI Prudential Value Fund (erstwhile Value Discovery Fund?
- 14.3% a year — the weakest of 25 overlapping 3-year holding periods, beginning 1 Aug 2023. The median was 21.8% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages ICICI Prudential Value Fund (erstwhile Value Discovery Fund?
- Sankaran Naren, managing this fund for 5.5 years.
Where this fund sits
Its shelf, all funds
Vl · Value, dividend & focused →
Style bets: out-of-favour companies, steady payers, concentrated conviction.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Value Fund funds
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY 500 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.