 "Mutual fund")
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.
Trailing returns
The fund has outperformed
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