Should I invest in ICICI Prudential Discovery Fund - Institutional Option - I?

We don't give personal investment advice. ICICI Prudential Discovery Fund - Institutional Option - I - Growth is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 26.2%. 5-year CAGR: 30.78%.

ICICI Prudential

ICICI Prudential Discovery Fund - Institutional Option - I - Growth

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	+0.00%	-11.79%	+11.79	20 / 57	Q2
1W	+2.32%	-11.61%	+13.92	13 / 54	Q1
2W	+4.12%	-11.22%	+15.33	11 / 54	Q1
1M	+10.32%	-9.19%	+19.52	5 / 54	Q1
3M	+19.39%	-5.07%	+24.46	8 / 52	Q1
6M	+29.36%	+1.88%	+27.48	12 / 53	Q1
YTD	+14.95%	-1.37%	+16.32	19 / 54	Q2
1Y	+32.84%	+8.01%	+24.83	15 / 52	Q2
2Y	+21.67%	-3.93%	+25.60	10 / 40	Q1
3Y	+14.02%	-0.61%	+14.63	4 / 28	Q1
4Y	+13.92%	+7.84%	+6.08	5 / 18	Q2
5Y	+30.78%	+12.24%	+18.54	1 / 16	Q1
7Y	+16.86%	+9.45%	+7.42	1 / 12	Q1
10Y	—	—	—	—	—
Inception	+14.83%	-6.62%	+21.45	2 / 52	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
2014 YTD	+14.95%	+29.56%	-14.60	9 / 12
2013	+8.53%	-2.06%	+10.59	2 / 16
2012	+46.96%	+28.53%	+18.43	1 / 21
2011	-23.01%	-27.09%	+4.08	10 / 22
2010	+29.08%	-8.68%	+37.76	1 / 42
2009	+131.81%	+72.50%	+59.31	1 / 44
2008	-55.23%	-49.57%	-5.66	17 / 25
2007	+40.50%	+31.63%	+8.87	5 / 8
2006	—	—	—	—

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

+20.17%

87 windows

min -52.3% · max 182.4%

75% positive

3-Year rolling

+17.27%

62 windows

min -8.5% · max 48.2%

97% positive

5-Year rolling

+17.51%

38 windows

min 8.7% · max 33.7%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+13.47%

14 windows

min 11.4% · max 16.9%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

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

19.18%

3-year · annualised

Sharpe ratio

0.44

vs risk-free 6.5%

Sortino ratio

0.74

Downside-only deviation

Max drawdown

-21.89%

Apr 2011 → Dec 2011

% positive months

61.1%

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.

Recent NAVs

Date	NAV
21 Apr 2014	₹33.1300
17 Apr 2014	₹32.7300
16 Apr 2014	₹32.0600
15 Apr 2014	₹32.3800
11 Apr 2014	₹32.6000
10 Apr 2014	₹32.7100
9 Apr 2014	₹32.4200
7 Apr 2014	₹31.8200
4 Apr 2014	₹31.8600
3 Apr 2014	₹31.9200

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.

ICICI Prudential Discovery Fund - Institutional Option - I - Growth is a Growth from ICICI Prudential (Institutional plan, Growth option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

ICICI Prudential Discovery Fund - Institutional Option - I - Growth 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 - Institutional Option - I - Growth is managed by ICICI Prudential. It's classified by AMFI under the 'Growth' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Discovery Fund - Institutional Option - I - Growth has delivered a absolute return of 32.84% — +24.83 pp ahead of the Growth category average of 8.01%. The fund ranks #15 of 52 in its category — the second (Q2) quartile.

Over the trailing 3-year window, ICICI Prudential Discovery Fund - Institutional Option - I - Growth has delivered a CAGR of 14.02% — +14.63 pp ahead of the Growth category average of -0.61%. The fund ranks #4 of 28 in its category — the top (Q1) quartile.

Over the trailing 5-year window, ICICI Prudential Discovery Fund - Institutional Option - I - Growth has delivered a CAGR of 30.78% — +18.54 pp ahead of the Growth category average of 12.24%. The fund ranks #1 of 16 in its category — the top (Q1) quartile.

₹1 lakh invested in ICICI Prudential Discovery Fund - Institutional Option - I - Growth exactly 5 years ago would be worth approximately ₹382,563 today — a multiplier of 3.83×, based on the 5-year CAGR of 30.78%. The category average over the same window would have grown ₹1 lakh to ₹178,092.

A ₹10,000 monthly SIP in ICICI Prudential Discovery Fund - Institutional Option - I - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹986,224 today. That's an XIRR (money-weighted annualised return) of 19.96%.

ICICI Prudential Discovery Fund - Institutional Option - I - Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,768,622 — XIRR 20.89%.

On a 5-year basis, ICICI Prudential Discovery Fund - Institutional Option - I - Growth ranks #1 out of 16 funds in the Growth category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 12.24%; this fund delivered 30.78%.

The worst peak-to-trough decline ICICI Prudential Discovery Fund - Institutional Option - I - Growth has experienced over the last 5-year window is 26.25% — its NAV fell from a high on 10 Nov 2010 to a low on 29 Dec 2011. 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 - Institutional Option - I - Growth averaged 17.51% (best 33.70%, worst 8.72%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 1.04 — strong risk-adjusted performance.

In calendar year 2013, ICICI Prudential Discovery Fund - Institutional Option - I - Growth returned 8.53% — beating the Growth category average of -2.06% by 10.59 pp. It ranked #2 of 16 in its category that year.

ICICI Prudential Discovery Fund - Institutional Option - I - Growth doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. ICICI Prudential Discovery Fund - Institutional Option - I - Growth is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 26.2%. 5-year CAGR: 30.78%.

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