ICICI Prudential Value Fund
The fund maintains a concentrated bet on domestic financial services and IT, with banks alone commanding nearly a quarter of assets—a classic value tilt betting on earnings recovery and dividend yield in cyclical sectors. The manager rotated away from infrastructure and media exposure while adding cement and specialty chemicals, signaling conviction in domestic consumption recovery and selective capex plays. The modest cash build and treasury addition suggest cautious positioning ahead, even as the slight monthly decline reflects near-term headwinds in banking and software valuations.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹503.6900 | -1.99% | — | — | — |
| Regular Growth | ₹456.4600 | -2.02% | -1.50% | +16.66% | +17.53% |
| Direct IDCW | ₹113.7100 | -1.99% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| JK Lakshmi Cement Ltd. | 0.17% |
| Vinati Organics Ltd. | 0.01% |
| Reliance Retail Ventures Ltd ** | 0.17% |
| 182 Days Treasury Bills | 0.34% |
| 364 Days Treasury Bills | 0.15% |
| 91 Days Treasury Bills | 0.10% |
| 364 Days Treasury Bills | 0.09% |
| 182 Days Treasury Bills | 0.05% |
| 364 Days Treasury Bills | 0.05% |
| 364 Days Treasury Bills | 0.03% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd. INE040A01034 | 9.18% |
| 2 | ICICI Bank Ltd. INE090A01021 | 8.44% |
| 3 | Infosys Ltd. INE009A01021 | 5.98% |
| 4 | ITC Ltd. INE154A01025 | 5.30% |
| 5 | TREPS | 5.28% |
| 6 | Reliance Industries Ltd. INE002A01018 | 5.10% |
| 7 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 4.70% |
| 8 | Tata Consultancy Services Ltd. INE467B01029 | 3.96% |
| 9 | Hindustan Unilever Ltd. INE030A01027 | 3.08% |
| 10 | Axis Bank Ltd. INE238A01034 | 2.91% |
| 11 | Maruti Suzuki India Ltd. INE585B01010 | 2.60% |
| 12 | SBI Life Insurance Company Ltd. INE123W01016 | 2.50% |
| 13 | NTPC Ltd. INE733E01010 | 2.48% |
| 14 | Dr. Reddy's Laboratories Ltd. INE089A01031 | 2.16% |
| 15 | State Bank Of India INE062A01020 | 2.14% |
| 16 | Larsen & Toubro Ltd. INE018A01030 | 1.83% |
| 17 | Oil & Natural Gas Corporation Ltd. INE213A01029 | 1.82% |
| 18 | Bharti Airtel Ltd. INE397D01024 | 1.69% |
| 19 | Tata Motors Passenger Vehicles Ltd. INE155A01022 | 1.69% |
| 20 | Bajaj Finserv Ltd. INE918I01026 | 1.54% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does ICICI Prudential Value Fund hold?
ICICI Prudential Value Fund holds 72 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 34.00% of NAV.
What is the largest holding in ICICI Prudential Value Fund?
The largest position in ICICI Prudential Value Fund is HDFC Bank Ltd., accounting for 9.18% of NAV in the Banks sector.
Is ICICI Prudential Value Fund a concentrated or diversified fund?
With a Gini coefficient of 0.615, ICICI Prudential Value Fund is moderately concentrated. The HHI concentration index is 36,565 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 34.00% of the portfolio.
What is the market cap allocation of ICICI Prudential Value Fund?
Based on SEBI's AMFI classification, ICICI Prudential Value Fund's equity portfolio is split as: Large Cap: 81.87%, Mid Cap: 4.51%, Small Cap: 5.86%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does ICICI Prudential Value Fund invest in most?
ICICI Prudential Value Fund has the highest allocation to Banks (24.61%), It - Software (11.61%), Pharmaceuticals & Biotechnology (10.91%). The fund is invested across 24 sectors in total.
How actively managed is ICICI Prudential Value Fund compared to other Value Fund funds?
ICICI Prudential Value Fund has an Active Share of 55.30%, classifying it as "Active Stock Picker" among 19 Value Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in ICICI Prudential Value Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, ICICI Prudential Value Fund added 10 new stocks (including JK Lakshmi Cement Ltd.) and exited 11 stocks (including Power Grid Corporation Of India Ltd.). Total holding count decreased from 76 to 75 stocks.