Should I invest in ICICI Prudential Discovery Fund?

We don't give personal investment advice. ICICI Prudential Discovery Fund-GROWTH 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: 14.2%. 5-year CAGR: 16.37%.

ICICI Prudential

ICICI Prudential Discovery Fund-GROWTH OPTION

Latest NAV

₹450.8200

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	+0.43%	+0.06%	+0.37	5 / 16	Q2
1W	-1.87%	-1.66%	-0.21	11 / 16	Q3
2W	-1.00%	-0.20%	-0.79	15 / 16	Q4
1M	-1.98%	-1.79%	-0.20	9 / 16	Q3
3M	-5.50%	-3.49%	-2.01	14 / 16	Q4
6M	-8.68%	-8.14%	-0.53	13 / 16	Q4
YTD	-8.85%	-8.27%	-0.58	10 / 16	Q3
1Y	-1.96%	-4.01%	+2.05	6 / 16	Q2
2Y	+4.86%	-0.75%	+5.61	1 / 16	Q1
3Y	+16.12%	+11.82%	+4.29	2 / 16	Q1
4Y	+16.30%	+12.84%	+3.46	4 / 16	Q1
5Y	+16.37%	+11.31%	+5.06	1 / 16	Q1
7Y	+17.42%	+11.80%	+5.63	1 / 16	Q1
10Y	+14.77%	+11.07%	+3.69	4 / 16	Q1
Inception	+15.25%	+9.59%	+5.66	2 / 16	Q1

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	-8.85%	-8.27%	-0.58	10 / 16
2025	+13.33%	+3.06%	+10.27	1 / 16
2024	+19.86%	+17.61%	+2.26	9 / 16
2023	+30.61%	+29.56%	+1.05	6 / 16
2022	+14.95%	+5.08%	+9.87	2 / 16
2021	+37.18%	+32.61%	+4.57	4 / 16
2020	+22.36%	+11.98%	+10.38	1 / 16
2019	+0.44%	-0.12%	+0.56	7 / 16
2018	-4.03%	-9.17%	+5.14	4 / 16
2017	+23.15%	+32.01%	-8.86	12 / 16
2016	+3.94%	+3.68%	+0.26	8 / 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

+20.65%

234 windows

min -55.1% · max 158.7%

81% positive

3-Year rolling

+18.22%

210 windows

min -12.5% · max 45.6%

98% positive

5-Year rolling

+17.60%

185 windows

min -2.7% · max 34.5%

99% positive

7-Year rolling

+16.99%

161 windows

min 9.8% · max 33.7%

100% 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

11.71%

3-year · annualised

Sharpe ratio

0.79

vs risk-free 6.5%

Sortino ratio

1.32

Downside-only deviation

Max drawdown

-14.20%

Sep 2024 → Mar 2025

% positive months

69.4%

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-DIVIDEND OPTION	ICICI Prudential	₹34.1000	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	₹450.8200
2 Jun 2026	₹453.3800
1 Jun 2026	₹451.4400
29 May 2026	₹454.6200
27 May 2026	₹460.5200
26 May 2026	₹462.0300
25 May 2026	₹463.7300
22 May 2026	₹458.3400
21 May 2026	₹457.5000
20 May 2026	₹457.6800

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-GROWTH OPTION is ₹450.8200. 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-GROWTH 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-GROWTH 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-GROWTH OPTION has delivered a absolute return of -1.96% — +2.05 pp ahead of the Value Fund category average of -4.01%. The fund ranks #6 of 16 in its category — the second (Q2) quartile.

Over the trailing 3-year window, ICICI Prudential Discovery Fund-GROWTH OPTION has delivered a CAGR of 16.12% — +4.29 pp ahead of the Value Fund category average of 11.82%. The fund ranks #2 of 16 in its category — the top (Q1) quartile.

Over the trailing 5-year window, ICICI Prudential Discovery Fund-GROWTH OPTION has delivered a CAGR of 16.37% — +5.06 pp ahead of the Value Fund category average of 11.31%. The fund ranks #1 of 16 in its category — the top (Q1) quartile.

₹1 lakh invested in ICICI Prudential Discovery Fund-GROWTH OPTION exactly 10 years ago would be worth approximately ₹396,451 today — a multiplier of 3.96×, based on the 10-year CAGR of 14.77%. 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-GROWTH OPTION over the last 5 years — total invested ₹600,000 — would be worth ₹829,207 today. That's an XIRR (money-weighted annualised return) of 12.89%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Discovery Fund-GROWTH OPTION = ₹1,200,000 invested. It would currently be worth ₹2,776,979 (multiplier 2.31×). XIRR: 16.00%. 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-GROWTH OPTION ranks #1 out of 16 funds in the Value Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 11.31%; this fund delivered 16.37%.

The worst peak-to-trough decline ICICI Prudential Discovery Fund-GROWTH OPTION has experienced over the last 5-year window is 14.20% — its NAV fell from a high on 27 Sep 2024 to a low on 04 Mar 2025. 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-GROWTH OPTION averaged 17.60% (best 34.53%, worst -2.66%). 99% of rolling windows ended positive. The 5-year Sharpe ratio is 0.80 — reasonable risk-adjusted performance.

In calendar year 2025, ICICI Prudential Discovery Fund-GROWTH OPTION returned 13.33% — beating the Value Fund category average of 3.06% by 10.27 pp. It ranked #1 of 16 in its category that year.

ICICI Prudential Discovery Fund-GROWTH 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-GROWTH 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: 14.2%. 5-year CAGR: 16.37%.

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