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Fund Pick: ICICI Prudential Value Discovery Fund a consistent outperformer

The scheme's investment objective is to seek long-term wealth creation by actively investing in equity/equity-related securities, following a value investment strategy

Mutual fund
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CRISIL Research
Launched in August 2004, the ICICI Prudential Value Discovery Fund has featured in the top 30 percentile of the value/contra funds category of CRISIL Mutual Fund Ranking (CMFR) for three consecutive quarters through December 2022.

The fund’s month-end assets under management increased to Rs 27,515 crore in December 2022, from Rs 14,912 crore in December 2019.

The scheme's investment objective is to seek long-term wealth creation by actively investing in equity/equity-related securities, following a value investment strategy.

Sankaran Naren and Dharmesh Kakkad have been managing the fund since January 2021.

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First Published: Feb 20 2023 | 6:23 AM IST

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