ICICI Prudential Value Fund Direct Growth: NAV, Returns and AI Analysis

Yes. ICICI Prudential Value Discovery Fund was renamed ICICI Prudential Value Fund; it is the same scheme, with the same NAV history and AMFI scheme code (120323). Fund houses have renamed many schemes so that the name matches the SEBI category.

₹522.0800 on 9 November 2026, as published by AMFI, up 0.29% from 6 November 2026. Fund houses publish a NAV for every business day. The regular plan and the IDCW options have NAVs of their own; the regular plan’s grows more slowly because its expense ratio is higher.

To 9 November 2026, the direct plan returned -1.87% over 1 year, 13.50% over 3 years, 14.03% over 5 years (a year, annualised beyond one year). These are AMFI NAV returns of the Direct-Growth plan; the regular plan’s are lower by roughly the difference in expense ratios. Past returns do not guarantee future returns.

Over 1 year it ranked 18th of 22, against a category average of 2.64%. Over 3 years it ranked 9th of 21, against a category average of 13.52%. Over 5 years it ranked 3rd of 19, against a category average of 12.15%. Ranks compare the direct plans of the value funds AMFI lists today, by return; they are not ratings.

As disclosed on 8 November 2026, the total expense ratio is 1.06% a year for the direct plan and 1.52% for the regular plan. The 0.46% gap is mostly the distributor’s commission. On ₹10 lakh held for 10 years at an assumed 12% a year before costs, the direct plan would end about ₹1.15 lakh ahead.

Its direct plan NAV fell 36.7% from its high on 7 September 2018 to 23 March 2020, and was back at that high on 5 November 2020. On 9 November 2026 it was 5.4% below its highest NAV, set on 2 January 2026.

Its average assets in July–September 2026 were ₹60,108 crore, across all plans, per AMFI: the largest of 24 value funds.

57 out of 100 as of 6 November 2026, ranking it 10 of the 22 value funds Genvest scores. The Genvest AI score is Genvest’s proprietary score that ranks mutual funds within their category using quantitative methods. It is not a recommendation to buy, sell or hold any fund.

That depends on your goals, how long you can stay invested and what else you hold, which this page cannot know. What the data shows: its returns against other value funds, how far it has fallen, and what it costs. Its rank changes from year to year, so look at several periods rather than one, and at how a fall like its worst would feel for your money. This is education, not a recommendation to buy, sell or hold.