Should I invest in ICICI Prudential Discovery Fund?

We don't give personal investment advice. ICICI Prudential Discovery Fund-DIVIDEND OPTION is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 26.5%. 5-year CAGR: 4.01%.

ICICI Prudential

ICICI Prudential Discovery Fund-DIVIDEND OPTION

Latest NAV

₹34.1000

As of

3 Jun 2026

4,963 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.41%	+0.06%	+0.35	8 / 16	Q2
1W	-1.89%	-1.66%	-0.22	12 / 16	Q3
2W	-1.01%	-0.20%	-0.81	16 / 16	Q4
1M	-2.00%	-1.79%	-0.21	12 / 16	Q3
3M	-15.38%	-3.49%	-11.88	16 / 16	Q4
6M	-18.22%	-8.14%	-10.08	16 / 16	Q4
YTD	-18.38%	-8.27%	-10.10	16 / 16	Q4
1Y	-12.21%	-4.01%	-8.20	16 / 16	Q4
2Y	-5.75%	-0.75%	-5.00	14 / 16	Q4
3Y	+4.45%	+11.82%	-7.37	14 / 16	Q4
4Y	+4.13%	+12.84%	-8.71	16 / 16	Q4
5Y	+4.01%	+11.31%	-7.30	16 / 16	Q4
7Y	+3.65%	+11.80%	-8.15	16 / 16	Q4
10Y	+1.42%	+11.07%	-9.65	16 / 16	Q4
Inception	+2.77%	+9.59%	-6.83	15 / 16	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-18.38%	-8.27%	-10.10	16 / 16
2025	+2.23%	+3.06%	-0.83	11 / 16
2024	+8.03%	+17.61%	-9.58	15 / 16
2023	+15.30%	+29.56%	-14.26	16 / 16
2022	+2.03%	+5.08%	-3.05	14 / 16
2021	+20.02%	+32.61%	-12.59	15 / 16
2020	+2.40%	+11.98%	-9.58	15 / 16
2019	-12.15%	-0.12%	-12.03	16 / 16
2018	-16.03%	-9.17%	-6.85	14 / 16
2017	+11.93%	+32.01%	-20.09	16 / 16
2016	-4.53%	+3.68%	-8.20	14 / 16

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+7.68%

234 windows

min -60.9% · max 125.2%

52% positive

3-Year rolling

+5.80%

210 windows

min -22.1% · max 31.9%

70% positive

5-Year rolling

+5.26%

185 windows

min -14.1% · max 23.0%

72% positive

7-Year rolling

+4.72%

161 windows

min -2.5% · max 22.0%

86% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

16.25%

3-year · annualised

Sharpe ratio

-0.05

vs risk-free 6.5%

Sortino ratio

-0.06

Downside-only deviation

Max drawdown

-26.46%

Sep 2024 → Mar 2026

% positive months

63.9%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Value Fund

Scheme	Fund house	NAV	As of
HDFC Capital Builder Fund - Dividend Option	HDFC	₹34.2310	3 Jun 2026
ICICI Prudential Discovery Fund-GROWTH OPTION	ICICI Prudential	₹450.8200	3 Jun 2026
Quantum Long-Term Equity Fund-Dividend Plan	Quantum	₹122.7000	3 Jun 2026
Templeton India Growth Fund-Dividend Plan	Franklin Templeton	₹90.0766	3 Jun 2026
UTI Opportunities Fund-Dividend Option	UTI	₹46.3652	3 Jun 2026
IDFC Small & Midcap Equity (SME) Fund - Dividend	IDFC	₹35.7790	3 Jun 2026
JM Basic Fund - Dividend Plan	JM Financial	₹63.2470	3 Jun 2026
Tata Equity P/E Fund (Dividend)	Tata	₹112.2523	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹34.1000
2 Jun 2026	₹34.2900
1 Jun 2026	₹34.1500
29 May 2026	₹34.3900
27 May 2026	₹34.8300
26 May 2026	₹34.9500
25 May 2026	₹35.0800
22 May 2026	₹34.6700
21 May 2026	₹34.6100
20 May 2026	₹34.6200

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of ICICI Prudential Discovery Fund-DIVIDEND OPTION is ₹34.1000. It's a Value Fund from ICICI Prudential, run as a Unknown plan Growth option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Discovery Fund-DIVIDEND OPTION has NAV history starting from 02 Apr 2006, a track record of about 20 years 2 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

ICICI Prudential Discovery Fund-DIVIDEND OPTION is managed by ICICI Prudential. It's classified by AMFI under the 'Value Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Discovery Fund-DIVIDEND OPTION has delivered a absolute return of -12.21% — -8.2 pp behind the Value Fund category average of -4.01%. The fund ranks #16 of 16 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, ICICI Prudential Discovery Fund-DIVIDEND OPTION has delivered a CAGR of 4.45% — -7.37 pp behind the Value Fund category average of 11.82%. The fund ranks #14 of 16 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, ICICI Prudential Discovery Fund-DIVIDEND OPTION has delivered a CAGR of 4.01% — -7.3 pp behind the Value Fund category average of 11.31%. The fund ranks #16 of 16 in its category — the bottom (Q4) quartile.

₹1 lakh invested in ICICI Prudential Discovery Fund-DIVIDEND OPTION exactly 10 years ago would be worth approximately ₹115,183 today — a multiplier of 1.15×, based on the 10-year CAGR of 1.42%. The category average over the same window would have grown ₹1 lakh to ₹285,846.

A ₹10,000 monthly SIP in ICICI Prudential Discovery Fund-DIVIDEND OPTION over the last 5 years — total invested ₹600,000 — would be worth ₹590,302 today. That's an XIRR (money-weighted annualised return) of -0.64%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Discovery Fund-DIVIDEND OPTION = ₹1,200,000 invested. It would currently be worth ₹1,335,791 (multiplier 1.11×). XIRR: 2.11%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential Discovery Fund-DIVIDEND OPTION ranks #16 out of 16 funds in the Value Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 11.31%; this fund delivered 4.01%.

The worst peak-to-trough decline ICICI Prudential Discovery Fund-DIVIDEND OPTION has experienced over the last 5-year window is 26.46% — its NAV fell from a high on 27 Sep 2024 to a low on 30 Mar 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, ICICI Prudential Discovery Fund-DIVIDEND OPTION averaged 5.26% (best 23.00%, worst -14.11%). 72% of rolling windows ended positive. The 5-year Sharpe ratio is -0.07 — negative risk-adjusted performance.

In calendar year 2025, ICICI Prudential Discovery Fund-DIVIDEND OPTION returned 2.23% — lagging the Value Fund category average of 3.06% by 0.83 pp. It ranked #11 of 16 in its category that year.

ICICI Prudential Discovery Fund-DIVIDEND OPTION is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. ICICI Prudential Discovery Fund-DIVIDEND OPTION is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 26.5%. 5-year CAGR: 4.01%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.