ICICI Prudential Value Discovery Fund is a multi cap equity mutual fund. This fund has outperformed the benchmark index and its peers since 2009. Despite being a relatively young fund, it has notched up an impressive size and performance over the years.
Quick facts about the ICICI Prudential Value Discovery Fund
- Launch Year: 2004
- Size of Fund: ~ 17622 crores
- Expense Ratio: 2.12 %
- Minimum Investment: Rs 1000
- Minimum SIP Investment: Rs 500
- Exit Load: Nil
Performance of ICICI Prudential Value Discovery Fund
- Return Since Launch: ~ 22%
- Return since last 10 years: ~ 17 %
- Return since last 5 years: ~ 21%
- Return since last 3 years: ~ 10%
- Return since last 1 years: ~ 22%
What this essentially means is that this fund has given an average annual return of 17% every year over the last 10 years. If you had invested Rs 10,000 per month, your total savings of Rs 12 lakhs would have grown to Rs 35 lakhs. See chart data below from ValueResearchOnline.com
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