What is the outlook on ICICI Prudential Value Discovery Fund? I had invested in this fund about 1.5 years back, but I am not sure if I should remain invested in it or should switch to another fund?
Congratulations! You have invested in one of the best performing diversified equity funds in India. With an annualised return of 23% since inception, it has beaten not only most of its peers but also the benchmark returns consistently. You may check the detailed performance of this fund here https://goo.gl/9OBcRf
ICICI Prudential Value Discovery Fund is rated 5 Star by Valueresearch, Rank 1 by CRISIL and Morningstar 5 star rating. All these rankings are highest by the respective agencies and speaks loud about the fund.
The long term track record of ICICI Prudential Value Discovery Fund shows that the fund management strategy is delivering consistency by limiting the downside well while participating strongly in the upside movements. With a diversified portfolio investments in Banking & financial, construction & engineering, energy, communication and technology, ICICI Prudential Value Discovery Fund is well poised to participate in the next phase of India growth story. We suggest that you should remain invested in this fund for the long term.
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