Fundalysisby DARKHORSESTOCKS

Scheme

ICICI Prudential Value Fund

Holds 60 companies worth ₹55,344 Cr in Sept 2026.

  • Fund house

    ICICIThe fund house that runs this scheme.

  • AUM

    ₹57,250 CrICICI Prudential Value Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.7% on Aug 2026, ₹60,075 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 9.5% of this scheme's NAV.

  • Fund manager

    Dharmesh KakkadRuns its co-manager part since 16 Jan 2021, as the fund house dates it. With Sankaran Naren (co-manager), Masoomi Jhurmarvala (co-manager).

Overview(31 Aug 2026)

Fund managers3

  1. Dharmesh KakkadCo-manager · Jan 2021 · 15y · CFA M.Com
  2. Sankaran NarenCo-manager · Jan 2021 · 35y · PGDM B.Tech
  3. Masoomi JhurmarvalaCo-manager · Nov 2024 · 8y · M.Com B.Com

    Key facts

    Benchmark
    Nifty 500 TRI
    Risk
    Very High
    Expense
    Regular 1.19% · Direct 0.79%
    Exit load
    1% within 12 months
    Started
    16 Aug 2004
    Minimum
    ₹500

    Source.Its Scheme Summary Document as of 31 Aug 2026 at AMFI.

    What changed(5 changes)

    Aug 2026

    1 change
    1. Expense ratio
      31 AugRegular 1.4% → 1.19%Direct 0.97% → 0.79%

    Jun 2026

    1 change
    1. Expense ratio
      14 JunRegular 1.51% → 1.4%Direct 0.99% → 0.97%

    Sept 2025

    1 change
    1. Expense ratio
      24 SeptRegular 1.52% → 1.51%

    Source.Its filings at NSE, since Nov 2024.

    Fund managers over time(Jan 2021 – now)

    1. Dharmesh Kakkad
    2. Sankaran Naren
    3. Masoomi Jhurmarvala
    MainCoSlice20222023202420252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Nov 2024 – Aug 2026)

    Every change to the expense ratio, newest first.
    5 changesRegularDirectΔ pt
    31 Aug 20261.19%0.79%0.18
    14 Jun 20261.40%0.97%0.02
    24 Sept 20251.51%0.99%0
    17 Jun 20251.52%0.99%0.01
    7 Nov 20241.54%1.00%–
    Direct plan, 31 Aug 2026
    0.79%
    Regular plan 1.19% · Exit load 1% within 12 months
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(31 Aug 2026)

    Objective

    To generate returns through a combination of dividend income and capital appreciation by investing primarily in a well-diversified portfolio of value stocks. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    Open Ended
    Benchmark
    Nifty 500 TRI
    Benchmark 2
    Nifty 50 TRI

    Asset allocation it may hold% of NAV

    1. Equity & Equity related instruments following value investment strategy
      Allowed80–100%
    2. Other Equity & Equity related instruments
      Allowed0–20%
    3. Money market instruments, other liquid instruments^, Units of Overnight funds, Liquid funds and Money Market funds
      Allowed0–20%
    4. Units issued by InVITs
      Allowed0–10%Holds0.0%

    Holds in Sept 2026.96.7% equity · 3.3% debt and cash

    How to invest(31 Aug 2026)

    Buying

    To start
    ₹500, then in multiples of ₹1
    To add
    ₹500, then in multiples of ₹1
    SIP how often
    Daily,Weekly,Fortnightly,Monthly,Quarterly
    SIP dates
    Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for SIP falls on a Non-Business Day or on a date which is not available in a particular month, the SIP will beprocessed on the immediate next Business Day.
    SIP minimum
    Daily,Weekly,Fortnightly,Monthly = Rs. 100 Quarterly = Rs. 5,000 Choti SIP = Monthly = Rs. 250 only (For classifying as Choti SIP amount should not be more or less than Rs.250/-), then re. 1/-
    SIP instalments
    Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4 Choti SIP = Monthly = 60

    Selling and switching

    To redeem
    Any amount
    Switch minimum
    ₹500
    Switch multiples
    Any amount
    STP how often
    Daily,Weekly,Fortnightly,Monthly,Quarterly
    STP dates
    Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for STP falls on a non-business day or on a day which is not available in a particular month, the STP will be processed on the immediate next business day.
    STP minimum
    Monthly, Weekly, Fortnightly, Quarterly = Rs. 1,000 Daily = Rs. 250, then re. 1/-
    STP instalments
    Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4
    SWP how often
    Monthly,Quarterly, Half Yearly,Annual
    SWP dates
    Monthly = Any day* Quarterly= Any day* Half Yearly = Any day* Annual = Any day* *In case none of the frequencies has been selected then Monthly frequency shall be considered as the Default frequency and where no withdrawal date is selected, 1st business day of the month shall be considered as the default SWP date.
    SWP minimum
    Any amount, then re. 1/-
    SWP instalments
    Monthly,Quarterly, Half Yearly,Annual = 2

    Scheme details(31 Aug 2026)

    What it is

    Category
    Equity Scheme - Value Fund
    Offer
    9 Jul 2004 to 30 Jul 2004
    Started
    16 Aug 2004
    Reopened
    17 Aug 2004
    Plans
    ICICI Prudential Value Fund - Direct Plan - Growth · ICICI Prudential Value Fund - Direct Plan - IDCW · ICICI Prudential Value Fund - Growth · ICICI Prudential Value Fund - IDCW
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    HDFC Bank Limited, SBI-SG Global Securities Services Pvt. Ltd., Citibank N. A., Hongkong and Shanghai Banking Corporation Limited (HSBC)
    Auditor
    BSR & Co. LLP
    Registrar
    Computer Age Management Services Limited
    SEBI code
    ICIC/O/E/VAF/04/06/0025