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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹499.9300 | -1.18% | — | — | — | — | — |
| Regular Growth | ₹453.0600 | -1.21% | -6.64% | -8.10% | -0.79% | +16.58% | +17.36% |
| Direct IDCW | ₹112.8700 | -1.17% | — | — | — | — | — |
Portfolio Metrics(latest month)
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.