EQUITY FUNDS
Value Discovery Fund - Equity Mutual Funds - ICICI Prudential

ICICI Prudential Value Discovery Fund

ICICI Prudential Value Discovery Fund is an Open-ended Diversified Equity Fund, which aims to invest stocks available at a discount to their intrinsic value, through a process of `Discovery?. The process involves identifying companies that are well managed, fundamentally strong, and are available at a price, which can be termed as a bargain.

Investment Philosophy

This fund adopts a "Bottom-up" strategy, to identify and pick its investments based on an evaluation of several parameters such as Price / Earning, Price / Book Value and Dividend Yield. The fund manager works towards building a portfolio that is well diversified across sectors and constructed based on in-depth research.

Key Benefits

  • It follows a value strategy of bargain hunting for intrinsically good stocks
  • As the potential value of the stocks in which the fund invests has not yet been unlocked, the probability of growth is much higher.

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • A diversified equity fund that aims to generate returns by investing in stocks with attractive valuations.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


Key Features

Type

Open-ended Equity Fund

Plan

Regular & Direct

Options

Growth & Dividend

Default Option

Growth, Dividend re-investment is default sub-option

Application Amount

Rs.1000 (plus in multiples of Rs.1)

Min. Additional Investment

Rs.500 (plus in multiples of Re.1)

Entry Load

Nil. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load

If the amount sought to be redeemed or switched out is invested for a period of upto 12 months from the date of allotment - 1% of the applicable NAV.
If more than 12 months - Nil.

Redemption Cheques Issued

Minimum Redemption Amt.

Rs.500 (plus in multiples of Re.1)

Systematic Investment Plan

Monthly: Minimum Rs. 500/- plus 5 post dated cheques for a minimum of Rs. 1,000/- each; Quarterly: Minimum Rs. 5,000/- plus 3 post dated cheques of Rs. 5,000/- each.

Systematic Withdrawal Plan

Rs. 500/- (plus in multiples of Re. 1/-)



Fund Manager

Mrinal Singh (Managing this fund since Feb 2011 & Overall 11 years of experience)

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