ICICI Prudential
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth
Latest NAV
₹497.5800
As of
3 Jun 2026
3,299 NAV records on file
Category
Value Fund
Plan type
Growth
Structure
Close-ended
AMFI Scheme Code
120323
ISIN (Growth)
INF109K012K1
ISIN (Dividend)
—
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
No matches.
Compares up to 8 funds. Click any line in the legend above to hide/show it.
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% | +0.18% | +0.25 | 5 / 21 | Q1 |
| 1W | -1.87% | -1.59% | -0.28 | 16 / 21 | Q4 |
| 2W | -0.98% | +0.17% | -1.15 | 20 / 21 | Q4 |
| 1M | -1.95% | -1.18% | -0.77 | 12 / 21 | Q3 |
| 3M | -5.39% | +0.36% | -5.75 | 20 / 21 | Q4 |
| 6M | -8.45% | -2.44% | -6.02 | 20 / 21 | Q4 |
| YTD | -8.67% | -3.30% | -5.36 | 19 / 21 | Q4 |
| 1Y | -1.46% | +2.76% | -4.21 | 17 / 21 | Q4 |
| 2Y | +5.41% | +3.47% | +1.94 | 5 / 20 | Q1 |
| 3Y | +16.73% | +16.69% | +0.04 | 9 / 20 | Q2 |
| 4Y | +16.91% | +17.36% | -0.45 | 9 / 17 | Q3 |
| 5Y | +17.00% | +14.68% | +2.32 | 1 / 14 | Q1 |
| 7Y | +18.05% | +15.32% | +2.73 | 1 / 12 | Q1 |
| 10Y | +15.55% | +14.72% | +0.83 | 5 / 11 | Q2 |
| Inception | +17.34% | +15.58% | +1.75 | 5 / 21 | 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 | -8.67% | -3.30% | -5.36 | 19 / 21 |
| 2025 | +13.91% | +5.37% | +8.54 | 1 / 20 |
| 2024 | +20.53% | +21.06% | -0.53 | 11 / 20 |
| 2023 | +31.29% | +35.80% | -4.51 | 14 / 18 |
| 2022 | +15.59% | +7.17% | +8.42 | 3 / 17 |
| 2021 | +37.92% | +36.76% | +1.16 | 4 / 13 |
| 2020 | +23.03% | +15.89% | +7.14 | 1 / 12 |
| 2019 | +1.05% | +2.90% | -1.85 | 7 / 12 |
| 2018 | -3.15% | -9.33% | +6.18 | 2 / 11 |
| 2017 | +24.50% | +41.39% | -16.89 | 11 / 11 |
| 2016 | +5.28% | +6.52% | -1.24 | 6 / 11 |
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
+22.18%
152 windows
min -29.7% · max 104.7%
88% positive
3-Year rolling
+18.28%
127 windows
min -7.5% · max 37.2%
98% positive
5-Year rolling
+17.35%
103 windows
min -1.7% · max 31.3%
99% positive
7-Year rolling
+16.33%
79 windows
min 10.8% · max 21.0%
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
11.72%
3-year · annualised
Sharpe ratio
0.83
vs risk-free 6.5%
Sortino ratio
1.41
Downside-only deviation
Max drawdown
-14.01%
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 | NAV |
|---|---|
| HDFC Value Fund - Growth Option - Direct Plan | ₹827.0450 |
| Nippon India Value Fund - Direct Plan Growth Plan | ₹239.8244 |
| Bandhan Value Fund - Direct Plan - Growth | ₹163.8250 |
| Quant Value Fund - Growth Option - Direct Plan | ₹23.9621 |
| Aditya Birla Sun Life Value Fund - Growth - Direct Plan | ₹148.1734 |
| DSP Value Fund - Direct Plan - Growth | ₹24.2080 |
| HSBC Value Fund - Direct Growth | ₹124.4390 |
| Baroda BNP Paribas Value Fund - Direct Plan - Growth option | ₹14.0496 |
| Canara Robeco Value Fund - Direct Plan - Growth Option | ₹18.6400 |
| UTI Value Fund - Direct Plan - Growth Option | ₹175.1185 |
Recent NAVs
| Date | NAV |
|---|---|
| 3 Jun 2026 | ₹497.5800 |
| 2 Jun 2026 | ₹500.4000 |
| 1 Jun 2026 | ₹498.2500 |
| 29 May 2026 | ₹501.7400 |
| 27 May 2026 | ₹508.2400 |
| 26 May 2026 | ₹509.9100 |
| 25 May 2026 | ₹511.7800 |
| 22 May 2026 | ₹505.8100 |
| 21 May 2026 | ₹504.8700 |
| 20 May 2026 | ₹505.0700 |
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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 Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth is ₹497.5800. It's a Value Fund from ICICI Prudential, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth has NAV history starting from 02 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth 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 Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth has delivered a absolute return of -1.46% — -4.21 pp behind the Value Fund category average of 2.76%. The fund ranks #17 of 21 in its category — the bottom (Q4) quartile.
Over the trailing 3-year window, ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth has delivered a CAGR of 16.73% — +0.04 pp ahead of the Value Fund category average of 16.69%. The fund ranks #9 of 20 in its category — the second (Q2) quartile.
Over the trailing 5-year window, ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth has delivered a CAGR of 17.00% — +2.32 pp ahead of the Value Fund category average of 14.68%. The fund ranks #1 of 14 in its category — the top (Q1) quartile.
₹1 lakh invested in ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth exactly 10 years ago would be worth approximately ₹424,212 today — a multiplier of 4.24×, based on the 10-year CAGR of 15.55%. The category average over the same window would have grown ₹1 lakh to ₹394,871.
A ₹10,000 monthly SIP in ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹842,107 today. That's an XIRR (money-weighted annualised return) of 13.51%.
A ₹10,000 monthly SIP for 10 years in ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth = ₹1,200,000 invested. It would currently be worth ₹2,878,952 (multiplier 2.40×). XIRR: 16.67%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.
On a 5-year basis, ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth ranks #1 out of 14 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 14.68%; this fund delivered 17.00%.
The worst peak-to-trough decline ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth has experienced over the last 5-year window is 14.01% — 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 Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth averaged 17.35% (best 31.32%, worst -1.71%). 99% of rolling windows ended positive. The 5-year Sharpe ratio is 0.84 — reasonable risk-adjusted performance.
In calendar year 2025, ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth returned 13.91% — beating the Value Fund category average of 5.37% by 8.54 pp. It ranked #1 of 20 in its category that year.
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth 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 Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth 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
Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.
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