ICICI Prudential Value Discovery Fund

Investment Objective

To generate returns through a combination of dividend income and capital appreciation by investing primarily in a well-diversified portfolio of value stocks. Value stocks are those, which have attractive valuations in relation to earnings or book value or current and/or future dividends.

Key Benefits

  • The Scheme, through its process of discovery, seeks to identify stocks whose prices are low relative to their historic performance, earnings, book value, cash flow potential and dividend yield.
  • As the potential value of the stocks in which the fund invests has not yet been unlocked, the probability of growth is much higher.
  • The scheme aims at maintaining a well-diversified portfolio with the flexibility to invest across sectors and market capitalisations.

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • A diversified equity fund that aims to generate returns by investing in stocks with attractive valuations.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Key Features


An Open Ended Diversified Equity Fund


ICICI Prudential Value Discovery Fund & ICICI Prudential Value Discovery Fund - Direct Plan


Growth and Dividend options with Dividend Payout and Dividend Reinvestment Sub-options

Default Option

Growth, Dividend re-investment is default sub-option

Application Amount

Rs.1000 (plus in multiples of Rs.1)

Min. Additional Investment

Rs.500 (plus in multiples of Re.1)

Entry Load

Not Applicable

Exit Load

If the amount sought to be redeemed or switched out is invested for a period of upto 12 months from the date of allotment - 1% of the applicable NAV.
If more than 12 months - Nil.

Minimum Redemption Amt.

500/- or all units where amount is below 500/-

Systematic Investment Plan


Systematic Transfer Plan

Available (Flex STP/Value STP also available)

Systematic Withdrawal Plan


Fund Manager

Mr Mrinal Singh