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ICICI Prudential Value Discovery Fund Review

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ICICI Prudential Value Discovery Fund

ICICI Prudential Mutual Fund – An Introduction 

ICICI prudential mutual fund is the second largest AMCs globally. From the past 30 years, they are playing an instrumental role in acquainting Indian investors with the concept of mutual funds. The fund house handles Assets Under Management (AUM) across different asset classes like debt instruments, sectorial funds, and equities to name a few. Following the strategy of ‘customer-centric tactic’, ICICI prudential mutual fund flaunts a blend of resourcefulness and expertise, thus, giving investors optimum, innovative, and consistent returns against market risks. The sponsors are: ICICI Bank, Prudential Corporation Asia, Prudential Plc, Jackson National Life Insurance Company, and Eastspring Investments amongst others.  

To select the best ICICI prudential fund value, read some of the benefits. Here: 

  • The professionals of ICICI are high-tech experts who have good hands in managing large pools of money.  
  • They know how to diversity the funds according to the horizons, goals, risks, and returns.  
  • With ICICI mutual funds, everything will be crystal clear, thus ensuring the trust of the investor.  
  • The services provided are of a high-quality and the convenience (of the investor) remains at the top priority.  

About ICICI Prudential Value Discovery Fund 

ICICI Prudential Value Discovery is an equity mutual fund that was launched by ICICI Prudential mutual fund. Later on, it was introduced on 16th Aug 2004 to its investors. Currently, the fund is managed by Mrinal Singh. Talking about AUM, it is of INR 15,188 Cr, and, NAV is INR 152.17 (dated as of 1st Jan 2020). The fund growth is rated as moderately high risk. Also, the minimum SIP investment is INR 100, and, lumpsum investment is INR 1000. Exit load of 1% only if redeemed within 12 months.  

Investment Objective 

The objective is to generate returns a combination of capital appreciation and dividend income by investing primarily in a well-versed portfolio of value stocks.  

Top Holdings 

Top Holdings Weightage
Infosys Ltd 9.56%
Sun Pharmaceuticals Industries Ltd 8.39%
NTPC Ltd 5.35%
Bharti Airtel Ltd 5.09%
Future on Nifty 50 Index 4.31%
Mahindra & Mahindra Ltd 4.10%
ITC Ltd 3.99%
PI Industries Ltd 3.98%
Wipro Ltd 3.57%
Indian Oil Corp Ltd 3.34%

 

How to Invest in ICICI prudential value discovery fund with Gulaq? 

ICICI prudential value discovery fund (https://customer.gulaq.com/mutual-fund/icici-prudential-value-discovery-fund-direct-plan-growth) investment is not a fuss, especially with Gulaq. With hassle-free and paperless documentation, the summing-up of your investment journey becomes easy. All you need to do is sign-in at gulaq.com. Check your KYC for FREE. Select the type of ICICI prudential value discovery fund amongst the available and the returns; goals you are looking forYay! it’s done!  

*Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.

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