ICICI Prudential Value Discovery Fund Direct Plan Growth
Min amount: ₹500
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Exit Load||1% for 365 Days|
More about this fund
|Mahindra & Mahindra Ltd||9.59%|
|Sun Pharmaceuticals Industries Ltd||9.45%|
|Bharti Airtel Ltd||6.65%|
|PI Industries Ltd||4.59%|
|Axis Bank Ltd||4.48%|
|HCL Technologies Ltd Shs Dematerialised||3.98%|
About ICICI Prudential Value Discovery Fund - Direct Plan - Growth
ICICI Prudential Value Discovery Fund is an equity mutual fund which invests in value stocks. It is an open-ended scheme, and it intends to pick up stocks that are undervalued and are expected to perform well in the coming days. Pros and Cons of ICICI Prudential Value Discovery Fund - Direct Plan - Growth As this scheme invests in value stocks, the chances of scale in price is higher, and the gains would be amplified at times of market highs. On the downside, the value stocks sometimes may not perform as expected and thus, resulting in investors needing to settle with low or no returns.
Fund Information and Statistics
i) Inception/Launch Date ICICI Prudential Value Discovery Fund was launched on 16 August 2004.
ii) Risk level ICICI Prudential Value Discovery Fund is riskier than large-cap equity funds.
iii) Redemption As ICICI Prudential Value Discovery Fund is an open-ended mutual fund, you can place redemption requests anytime. However, you need to factor exit load and capital gains before you place redemption requests.
iv) Fund Manager Mr Mrinal Singh is the current fund manager of ICICI Prudential Value Discovery Fund.
v) Entry/Exit Load If you place redemption requests within the first year of the investment, then you will be levied with an exit load of 1% of the net asset value (NAV). After one year, there is no exit load applicable.
About ICICI Prudential Asset Management Company Ltd.
ICICI Prudential Asset Management Company Ltd. was registered with the Securities and Exchange Board of India on 22 June 1993. The sponsor of the fund house is Prudential Plc and ICICI Bank Limited while the trustee is ICICI Prudential Trust Limited. As of July 2019, the ICICI Prudential AMC Ltd has assets of worth Rs 3.44 lakh crore.
" Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "IT Developer, Bangalore
" I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "Software Engineer, Indore
" Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "Campus Manager, Bangalore
Invest Now in 3 Easy Steps
Why ClearTax Invest?
- Our experts do all the research and offer only the BEST mutual funds
- Trusted by Over 25 Lakh Indians
- Invest in just 5 minutes
- No paperwork required
- Simple and easy to use
Frequently Asked Questions
- Read More
Min amount: ₹500
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns