ICICI Prudential Value Fund is one of the few equity schemes that has successfully completed more than two decades in the market. Launched on August 16, 2004, the fund has built a strong record of delivering steady returns across every market phase — whether you look at 3-year, 5-year, 7-year, 10-year, 15-year or even 20-year periods, it has consistently featured among the top performers.
It is also one of the top 10 equity schemes in India by assets under management and the largest equity fund within the ICICI Prudential Mutual Fund family.
Over its full journey of 21 years, 3 months and 12 days, the fund has turned a single lump-sum investment into nearly 48.5 times the original amount, while a monthly SIP of Rs 5,000 has grown to more than Rs 1 crore.
Value mutual funds: what is the investment strategy?
Value mutual funds follow the strategy of value investing. Under this approach, fund managers invest in stocks that appear undervalued at that point in time — meaning, stocks that are trading below their fair value.
The idea is that these stocks may unlock their true value over the long term. Because of this, value funds can potentially deliver strong long-term returns. However, they also come with higher risk. On the riskometer, value funds fall under the Very High Risk category.
ICICI Prudential Value Fund’s performance on lump sum investment
Fund launch date: 16 August 2004
Return since launch: 20.15% CAGR
One-time investment: Rs 10,00,000
Current value: Rs 4,98,56,000
Annualised returns across time periods:
3 years: 21.23%
5 years: 25.18%
7 years: 19.83%
10 years: 15.76%
15 years: 16.52%
20 years: 17.53%
ICICI Prudential Value Fund’s SIP performance
Annualised SIP return (21 years): 18.46%
Monthly SIP amount: Rs 5,000
Total investment over 21 years: Rs 12,60,000
Value after 21 years: Rs 1,17,56,663
ICICI Prudential Value Fund details
NAV (27 November 2025): Rs 498.56
Total AUM (as of 31 October 2025): Rs 55,444.54 crore
Expense ratio — Regular plan: 1.50%
Expense ratio — Direct plan: 0.97%
Exit load: 1% if redeemed within 12 months
Average dividend yield: 1.25%
Standard deviation: 11.02%
Sharpe ratio: 1.30
Portfolio beta: 0.78
ICICI Prudential Value Fund’s top 5 stock holdings
ICICI Bank: 7.90%
Reliance Industries: 7.54%
Infosys: 7.26%
HDFC Bank: 6.70%
Tata Consultancy Services (TCS): 4.65%
ICICI Prudential Value Fund’s top 5 sector holdings
Financial services: 34.57%
Information technology: 13.13%
Oil, gas & consumable fuels: 11.46%
Healthcare: 9.25%
FMCG: 6.38%