Should you invest in ICICI prudential value discovery fund or not?
What’s unique about this Fund, which follows a value investing style?
And what’s in it for investors?
This article will cover everything in detail, so let’s start.
Return Analysis ICICI Prudential Value Discovery Fund
| Scheme Name | Category Name | 1Y | 2Y | 3Y | 5Y | 10Y |
| ICICI Prudential Value Discovery Fund | Value Fund | 10% | 21% | 49% | 70% | 150% |
| IDFC Sterling Value Fund | Value Fund | 6% | 17% | 55% | 69% | 148% |
| HSBC Value Fund | Value Fund | 8% | 15% | 40% | 55% | 142% |
| JM Value Fund | Value Fund | 9% | 14% | 38% | 53% | 133% |
| Templeton India Value Fund | Value Fund | 10% | 20% | 54% | 67% | 126% |
| Nippon India Value Fund | Value Fund | 5% | 12% | 38% | 55% | 126% |
| Tata Equity PE Fund | Value Fund | 7% | 12% | 32% | 44% | 124% |
| HDFC Capital Builder Value Fund | Value Fund | 6% | 12% | 36% | 46% | 112% |
| UTI Value Opportunities Fund | Value Fund | 6% | 10% | 32% | 50% | 104% |
| Aditya Birla Sun Life Pure Value Fund | Value Fund | 6% | 10% | 33% | 39% | 99% |
| Quantum Long-Term Equity Value Fund | Value Fund | 7% | 11% | 32% | 40% | 86% |
First, we will examine these mutual funds’ past ten years’ absolute sip returns.
And in this value fund category Unbiased Review of ICICI prudential value discovery fund has given the best performance in the past ten years.
We will look at these mutual funds’ past five years’ total sip returns for absolute sip returns. ICICI Prudential value Discovery Fund has also performed as the best value Fund in this value fund category.
Next, we will look at the past three years’ absolute sip returns of these value funds, and here ICICI Prudential Value Discovery Fund has performed as a third-best value Fund in this value fund category.
So the overall performance of ICICI Prudential Value Discovery Fund in absolute sip returns is like this in 10 years. It was number one. In five years, it was number one, and in the last three years, it was number three.
| Scheme Name | Category Name | 1Y | 2Y | 3Y | 5Y | 10Y |
| HSBC Value Fund | Value Fund | 6% | 20% | 18% | 10% | 18% |
| ICICI Prudential Value Discovery Fund | Value Fund | 13% | 25% | 25% | 14% | 18% |
| IDFC Sterling Value Fund | Value Fund | 5% | 29% | 23% | 10% | 17% |
| Tata Equity PE Fund | Value Fund | 7% | 16% | 15% | 9% | 16% |
| Aditya Birla Sun Life Pure Value Fund | Value Fund | 2% | 17% | 16% | 2% | 16% |
| JM Value Fund | Value Fund | 6% | 18% | 17% | 10% | 15% |
| HDFC Capital Builder Value Fund | Value Fund | 4% | 17% | 17% | 9% | 15% |
| Nippon India Value Fund | Value Fund | 4% | 19% | 19% | 11% | 15% |
| Templeton India Value Fund | Value Fund | 12% | 26% | 22% | 10% | 14% |
| UTI Value Opportunities Fund | Value Fund | 4% | 15% | 16% | 12% | 13% |
| Quantum Long-Term Equity Value Fund | Value Fund | 8% | 13% | 15% | 8% | 12% |
Next, we will examine these mutual funds’ past ten years of Trailing returns.
And here, we can see that ice has a potential value Discovery Fund has performed the second best in this category.
Next, we will look at the past five years trailing air returns of these value funds, and here we can see that ICICI Prudential Value Discovery Fund has performed best in this category in this five-year trailing year returns.
Next, we will look at the past three years trailing year returns of these value funds, and here also, we can see that ICICI Prudential Value Discovery Fund has emerged as a clear winner in these three years trailing year returns.
So in trailing air Returns, ICICI Prudential Value Discovery Fund’s performance has been like this in the past ten years. It was on number two. In the first five years, it was on number one; in the past three years, it was on number one.
| Scheme Name | 2022 | 2021 | 2020 | 2019 | 2018 |
| ICICI Prudential Value Discovery Fund | 16% | 37% | 23% | 1% | -3% |
| IDFC Sterling Value Fund | 4% | 63% | 16% | -6% | -12% |
| Union Value Discovery Fund | 6% | 32% | 18% | 6% | 3% |
| UTI Value Opportunities Fund | 5% | 30% | 19% | 11% | -1% |
| Templeton India Value Fund | 17% | 44% | 12% | 0% | -12% |
| Nippon India Value Fund | 6% | 38% | 17% | 6% | -7% |
| IDBI Long-Term Value Fund | 5% | 33% | 14% | 4% | 3% |
| JM Value Fund | 6% | 35% | 14% | 13% | -10% |
| HSBC Value Fund | 6% | 40% | 15% | 6% | -10% |
| HDFC Capital Builder Value Fund | 5% | 35% | 14% | 1% | -4% |
| Tata Equity PE Fund | 7% | 28% | 14% | 8% | -6% |
| Quantum Long-Term Equity Value Fund | 7% | 24% | 13% | -1% | 1% |
| Indiabulls Value Fund | 4% | 27% | 17% | 1% | -16% |
| Aditya Birla Sun Life Pure Value Fund | 4% | 33% | 16% | -10% | -22% |
Next, we will see the annual returns of these mutual funds, and here in 2018, we can see that ICICI Prudential Value Discovery Fund has emerged as the fourth-best performer in this category.
In 2019 the performance of ICICI Prudential Value Discovery Fund was not that satisfactory.
But in 2020, ICICI Prudential Value Discovery Fund emerged as the best performing Fund in this category.
And in 2021, ICICI potential value Discovery Fund performed as the fourth-best value Fund in this category.
And if we look at the 2022 annual returns of these value funds, a Prudential Value Discovery Fund has emerged as the second-best performance in this category.
And if we combine the annual return performance of all these years, ICICI’s potential value Discovery Fund has emerged as the best Fund out of these 14 value funds.
Risk Analysis ICICI Prudential Value Discovery Fund
next, we will see the risk analysis of these valuable funds.
| Scheme Name | Standard Deviation | Beta | Sharpe Ratio | Alpha | Treynor’s Ratio |
| ICICI Prudential Value Discovery Fund | 19.19 | 0.82 | 0.95 | 8.50 | 0.22 |
| IDFC Sterling Value Fund | 21.57 | 0.91 | 0.89 | 8.13 | 0.21 |
| Templeton India Value Fund | 22.41 | 0.76 | 0.79 | 1.32 | 0.23 |
| Indiabulls Value Fund | 19.44 | 0.58 | 0.54 | -2.20 | 0.18 |
| Nippon India Value Fund | 21.18 | 0.96 | 0.67 | 2.68 | 0.15 |
| UTI Value Opportunities Fund | 20.60 | 0.93 | 0.60 | 2.36 | 0.13 |
| Tata Equity PE Fund | 20.58 | 0.63 | 0.53 | -2.77 | 0.17 |
| HSBC Value Fund | 21.86 | 0.99 | 0.66 | 2.69 | 0.15 |
| IDBI Long-Term Value Fund | 20.15 | 0.91 | 0.59 | 1.04 | 0.13 |
| Aditya Birla Sun Life Pure Value Fund | 22.04 | 0.94 | 0.58 | 1.58 | 0.14 |
| Union Value Discovery Fund | 21.37 | 0.96 | 0.60 | 1.13 | 0.13 |
| Quantum Long-Term Equity Value Fund | 20.70 | 0.89 | 0.47 | 1.06 | 0.11 |
| HDFC Capital Builder Value Fund | 21.47 | 0.97 | 0.56 | 0.60 | 0.12 |
| JM Value Fund | 23.06 | 1.03 | 0.57 | 0.52 | 0.13 |
And first parameter which we will discuss here is the standard deviation which is the lesser, the better, and here we can see that in standard deviation, ICICI Prudential Value Discovery Fund has performed as the best Fund in this value fund category.
Next, in Risk analysis, we will look at beta, which is lesser the better and here we can see that ICICI Prudential Value Discovery Fund has emerged as the fourth best performer in this beta.
Next, in Risk analysis, we will look at the sharper ratio, Which is higher the better. We can see that ICICI’s potential value Discovery Fund has performed the best in the Sharpe ratio.
Next, in Risk analysis, we will see Alpha which tells us how much access return this Fund has generated for its investor against its Benchmark. Again, this is higher the better, and here we can see that ICICI Prudential Value Discovery Fund has emerged as the best Fund in this category.
Next, in Risk analysis, we will look at Treynor’s ratio, and here, ICICI Prudential Value Discovery Fund is the second-best performance in trainer ratio.
And if we combine all these parameters, then in Risk-adjusted return ICICI a Prudential Value Discovery Fund emerged as the best Fund out of these 14 value funds.
