EquityValue FundRegularGrowthVery High

ICICI Prudential Value Fund

Q: What is the NAV of ICICI Prudential Value Fund?

As of 05 Oct 2026, the NAV of ICICI Prudential Value Fund is ₹434.55 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has ICICI Prudential Value Fund delivered?

ICICI Prudential Value Fund has returned -7.95% over 1 year, +10.19% per year over 3 years, +11.69% per year over 5 years and +14.75% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of ICICI Prudential Value Fund?

ICICI Prudential Value Fund charges an expense ratio of 1.55% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of ICICI Prudential Value Fund?

ICICI Prudential Value Fund's largest holdings are ICICI Bank Ltd. (9.4%), HDFC Bank Ltd. (8.7%), Life Insurance Corporation of India (5.9%), Reliance Industries Ltd. (5.1%) and Sun Pharmaceutical Industries Ltd. (4.5%). Holdings are disclosed monthly and change over time.

Q: How risky is ICICI Prudential Value Fund?

ICICI Prudential Value Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 11.3% and its worst peak-to-trough fall in our sample was -63.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.33 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Value Fund's 0.33 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of ICICI Prudential Value Fund?

ICICI Prudential Value Fund is benchmarked against the Nifty 500 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages ICICI Prudential Value Fund?

ICICI Prudential Value Fund is managed by Sankaran Naren, Dharmesh Kakkad and Masoomi Jhurmarvala at ICICI Prudential.

Q: How is ICICI Prudential Value Fund taxed?

ICICI Prudential Value Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

ICICI Prudential Mutual Fund · Best Value Mutual Funds

NAV

₹434.55

+0.33% 1D

as of 05 Oct 2026

This is the Regular plan of ICICI Prudential Value Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

Compare SIP calculator

Performance

-8.51%absolute

52-week rangePrev NAV ₹433.14

Latest ₹434.55

Low ₹433.142nd percentile of its 52-week rangeHigh ₹501.10

Scorecard

★★★★★5/5 vs 21 of 23 Value Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Value Fund (same plan and option). 21 of the 23 Value Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceAverage

3Y CAGR +10.19% · ranks 12 of 21 Value Funds

RiskLow

Volatility 11.3% vs 14.5% category avg

CostLow

1.6% expense vs 2.4% category avg

ConsistencyHigh

98% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

5-year return (+11.69%) beats the Value Fund average (+10.36%)
Less volatile than its Value Fund peers (11.3% vs 14.5%)
Low expense ratio (1.55%) vs the Value Fund average of 2.44%
Consistent — positive in 98% of rolling 3-year windows

Concerns

Trails the Value Fund average on 3M/6M/1Y — 1Y by 6.97pp
3-year return (+10.19%) trails the Value Fund average (+11.00%)
Ranks #19 of 22 on 1-year return in its Value Fund cohort

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.55%

Category 2.44%▼0.89%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

16.02

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.33

Category 0.30▲0.03

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

1% of the applicable Net Asset Value - if the amount sought to be redeemed or switch out is invested for a period of up to 12 months from the date of allotment. NIL - if the amount sought to be redeemed or switch out is invested for a period more than 12 months from the date of allotment

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹1,000

Nifty 500 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

02 Apr 2006

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-5.09%

Absolute return over the last 3 months (not annualized)

-6.81%

Absolute return over the last 6 months (not annualized)

-1.38%

Absolute return since 1 Jan of this year (not annualized)

-12.86%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-7.95%

3-year annualized return (CAGR)

+10.19%

5-year annualized return (CAGR)

+11.69%

10-year annualized return (CAGR)

+13.08%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+14.75%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

11.27%

Excess return per unit of total volatility (rf = 6.5%)

0.33

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.46

Largest peak-to-trough decline over full history

-63.79%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

0.63%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.79

How much of the fund's movement Nifty 500 TRI explains

89.8%

Excess return per unit of beta (market risk)

4.21

Active return over the benchmark per unit of tracking error

0.03

Annualized std dev of fund-minus-benchmark returns

5.33%

Fund's share of benchmark gains in up months (100 = matches index)

86.0%

Fund's share of benchmark losses in down months (lower is better)

77.8%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Value Fund)

Period	Fund	Category avg.	Diff
1M abs	-5.09%	-4.61%	-0.48%
3M abs	-6.81%	-4.24%	-2.57%
6M abs	-1.38%	+7.04%	-8.42%
1Y CAGR	-7.95%	-0.98%	-6.97%
3Y CAGR	+10.19%	+11.00%	-0.81%
5Y CAGR	+11.69%	+10.36%	+1.33%

Category average across peers in Value Fund (up to 23 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 23 peers in Value Fund

1Y return

-7.95%

Beats 14.3% · rank #19

3Y return

+10.19%

Beats 45% · rank #12

5Y return

+11.69%

Beats 75% · rank #5

Sharpe

0.33

Beats 60% · rank #9

Sortino

0.46

Beats 70% · rank #7

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.45L

Absolute

+24.10%

XIRR

+8.84%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into ICICI Prudential Value Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-12.86%	-7.18%	-5.68%
2025	+13.78%	+7.94%	+5.84%
2024	+19.98%	+16.43%	+3.55%
2023	+31.40%	+27.43%	+3.97%
2022	+14.95%	+4.34%	+10.61%
2021	+38.52%	+31.59%	+6.93%
2020	+22.87%	+18.33%	+4.54%
2019	+0.59%	+8.95%	-8.36%
2018	-4.22%	-2.33%	-1.89%
2017	+23.82%	+37.35%	-13.53%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

5,048

Expense ratio

1.55%

AUM

₹59,433Cr

Portfolio turnover

81%

Exit load

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

16.0

P/B ratio

3.3

Avg market cap

₹5,33,970Cr

P/E & P/B are portfolio-weighted harmonic means across 49 of 60 equity holdings (91% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Value Fund

Compare all


ICICI Prudential Value FundThis fund ICICI Prudential · Regular · Growth	★★★★★	-7.95%	+10.19%	+11.69%	—	1.55%	₹59,433Cr
Quant Value Fund quant · Regular · Growth	★★★★☆	+10.34%	+18.08%	—	—	2.44%	₹1,784Cr
LIC MF Value Fund LIC · Regular · Growth	★★★☆☆	+17.49%	+15.91%	—	—	3.22%	₹212.81Cr
Axis Value Fund Axis · Regular · Growth	★★★★★	+3.64%	+15.56%	+13.59%	—	2.27%	₹1,552Cr
DSP Value Fund DSP · Regular · Growth	★★★★★	+2.62%	+14.46%	+11.39%	—	2.41%	₹1,772Cr
HDFC Value Fund HDFC · Regular · Growth	★★★★☆	+3.02%	+14.12%	+11.90%	—	1.88%	₹7,330Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap84.1%
Mid cap7.9%
Small cap7.9%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity96.64%
Cash & Equivalents2.69%
Debt0.68%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Bandhan Flexi Cap Fund Bandhan · Flexi Cap Fund	62.6%	★★☆☆☆	1.52%	+9.66%
ICICI Prudential Large Cap Fund ICICI Prudential · Large Cap Fund	62.2%	★★★★★	1.01%	+9.67%
ICICI Prudential Multi Asset Allocation Fund ICICI Prudential · Multi Asset Allocation	61.3% of 69% equity	★★★☆☆	0.85%	+13.14%
DSP Large Cap Fund DSP · Large Cap Fund	60.2%	★★★★☆	1.21%	+10.00%
ICICI Prudential India Opportunities Fund ICICI Prudential · Sectoral/ Thematic	59.4%	★★★★★	0.92%	+12.84%
360 ONE ELSS Tax Saver Nifty 50 Index Fund 360 One · Index Funds	59.3%	★★☆☆☆	0.37%	+5.84%
Kotak Nifty 50 Index Fund Kotak Mahindra · Index Funds	59.2%	★★★☆☆	0.12%	+5.84%
Edelweiss Nifty 50 Index Fund Edelweiss · Index Funds	59.2%	★★★☆☆	0.14%	+5.94%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-63.8%02 Jan 2008 → 27 Oct 2008
Fell over 10 months, back to the old high on 23 Dec 2009 — 14 months under water after the low.
-37.3%07 Sep 2018 → 23 Mar 2020
Fell over 1.5 years, back to the old high on 09 Nov 2020 — 8 months under water after the low.
-35.5%10 May 2006 → 14 Jun 2006
Fell over 35 days, back to the old high on 04 Jul 2007 — 13 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹59,433Cr

April - June 2026

-1%

since January - March 2026

+₹2,938Cr

est. net flow, last quarter

At or near its largest, ₹59,945Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

ICICI Prudential Mutual Fund is a joint venture between ICICI Bank and Prudential plc of the UK, in business since 1993. It is among India's largest houses by assets and runs one of the industry's widest scheme line-ups across equity, debt and hybrid.

Launched

11 Oct 1993

Total AUM

₹11,14,544Cr+1.0% QoQ

Avg AUM · April - June 2026

Website

icicipruamc.com

Fund Managers

SNSankaran NarenManaging since 16 Jan 2021

Education

IIM Kolkata

Experience

Mr. Sankaran Naren is the Executive Director and Chief Investment Officer of our Company. He holds a bachelor’s degree in technology in mechanical engineering from the Indian Institute of Technology, Madras, and a post graduate diploma in management from the Indian Institute of Management, Calcutta. He has more than 25 years of experience in the financial services industry including, including, inter alia, investment banking, fund management, equity research, and stock broking operations. He is presently a member of committee on equity matters at AMFI. He has previously been associated with Refco - Sify Securities India Private Limited, HDFC Securities Limited, The Hongkong and Shanghai Banking Corporation Limited and Yoha Securities Limited He received the “CIO of the Year” award in the subcategory for India at the Asia Asset Management 2023 Best of the Best Awards.

Funds managed (10)

All schemes Sankaran Naren runs →

DKDharmesh KakkadManaging since 16 Jan 2021

Role

Senior Fund Manager - MF Equity

Total experience

Over 15 years

Education

Chartered Financial Analyst (CFA), Chartered Accountant and M.Com

Experience

Mr. Dharmesh Kakkad is a Senior Fund Manager and is associated with ICICI Prudential Asset Management Company Limited from June 2010. Prior to working in Investments function, he was working in the Operations Department of the AMC. ICICI Prudential Global Advantage Fund (FOF)

Funds managed (3)

All schemes Dharmesh Kakkad runs →

MJMasoomi JhurmarvalaManaging since 04 Nov 2024

Role

Fund Manager – MF Equity

Total experience

Over 8 years

Education

Chartered Accountant and B.Com

Experience

Ms. Masoomi had joined ICICI Prudential Asset Management Company Limited in October 2016 and since then she worked as a Research Analyst in the Investment department of the AMC. During November 2024, she was appointed as fund manager for certain schemes.

Funds managed (6)

All schemes Masoomi Jhurmarvala runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Sankaran Naren Dharmesh Kakkad Masoomi Jhurmarvala

Top holdings

ICICI Bank Ltd.HDFC Bank Ltd.Life Insurance Corporation of India Reliance Industries Ltd.Sun Pharmaceutical Industries Ltd.Infosys Ltd.ITC Ltd.Maruti Suzuki India Ltd.Axis Bank Ltd.Tata Consultancy Services Ltd.Hindustan Unilever Ltd.Bharti Airtel Ltd.

ICICI Prudential in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Value funds

Value funds look for stocks trading below what the manager thinks they're worth. The style can lag for long stretches and then catch up quickly, so it rewards patience.

Frequently asked questions

What is the NAV of ICICI Prudential Value Fund?

As of 05 Oct 2026, the NAV of ICICI Prudential Value Fund is ₹434.55 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has ICICI Prudential Value Fund delivered?

ICICI Prudential Value Fund has returned -7.95% over 1 year, +10.19% per year over 3 years, +11.69% per year over 5 years and +14.75% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of ICICI Prudential Value Fund?

ICICI Prudential Value Fund charges an expense ratio of 1.55% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of ICICI Prudential Value Fund?

ICICI Prudential Value Fund's largest holdings are ICICI Bank Ltd. (9.4%), HDFC Bank Ltd. (8.7%), Life Insurance Corporation of India (5.9%), Reliance Industries Ltd. (5.1%) and Sun Pharmaceutical Industries Ltd. (4.5%). Holdings are disclosed monthly and change over time.

How risky is ICICI Prudential Value Fund?

ICICI Prudential Value Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 11.3% and its worst peak-to-trough fall in our sample was -63.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.33 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Value Fund's 0.33 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of ICICI Prudential Value Fund?

ICICI Prudential Value Fund is benchmarked against the Nifty 500 TRI. Its alpha and beta on this page are measured against that index.

Who manages ICICI Prudential Value Fund?

ICICI Prudential Value Fund is managed by Sankaran Naren, Dharmesh Kakkad and Masoomi Jhurmarvala at ICICI Prudential.

How is ICICI Prudential Value Fund taxed?

ICICI Prudential Value Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.