Question 1

What is the Expense Ratio of ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct - Growth?

Accepted Answer

The Expense Ratio of ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct - Growth is 1.07% as of 01/08/2026. This is the fee charged by the fund house for managing the fund.

Question 2

What is the AUM of ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct - Growth?

Accepted Answer

The Assets Under Management (AUM) of ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct - Growth is ₹19,515.82 Crores as of Quarter ending June 2026.

Question 3

What is the 3-Year CAGR of ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct - Growth?

Accepted Answer

The 3-Year Compound Annual Growth Rate (CAGR) of ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct - Growth is 11.93%. This indicates the average annual growth rate over the last 3 years.

Question 4

Who manages ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct - Growth?

Accepted Answer

ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct - Growth is managed by ICICI Prudential Mutual Fund.

Question 5

Is ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct - Growth an open-ended or close-ended scheme?

Accepted Answer

ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct - Growth is an Open-Ended scheme.

Question 6

How is the Expense Ratio calculated?

Accepted Answer

The Expense Ratio is the annual fee that mutual funds charge their unitholders. It expresses the percentage of assets deducted each fiscal year for fund expenses including 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by the fund.

Period	Returns	CAGR	Volatility
3M	-4.00%	-15.06%	10.39%
6M	-4.61%	-9.01%	10.88%
1Y	-8.02%	-8.02%	12.00%
3Y	40.22%	11.93%	11.41%
5Y	81.13%	12.62%	11.64%

Scheme	3Y CAGR (%)	TER (%)	AUM (Cr)
Quant Value Fund - Direct - Growth	20.20%	0.92%	₹466.89
DSP Value Fund - Direct - Growth	16.31%	1.69%	₹503.36
LIC MF Value Fund - Direct - Growth	17.03%	1.84%	₹8.12
Axis Value Fund - Direct - Growth	17.92%	0.99%	₹432.99
Aditya Birla Sun Life Value Fund - Direct - Growth	13.65%	1.02%	₹704.84
HDFC Value Fund - Direct - Growth	15.72%	0.99%	₹1,156.77
HSBC Value Fund - Direct - Growth	15.44%	0.89%	₹3,052.24

ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct - Growth

Frequently Asked Questions