Introduction:
This article is
talking about the ICICI value discovery fund direct plan growth. You
should think about what is ICICI esteem disclosure finance. It is a reserve of
ICICI which is an open-finished venture subsidize. This sort of store has
targets to produce the profits to the financial specialists by putting
resources into the great worth supply of the top organizations. These shared
assets are putting your cash in the top organizations at low rates. Everybody
needs to satisfy their craving. So individuals need to take a store to settle
their occupation. For this, they need to settle their cash which further gives
them cash for their future and give them cash to their employment.
Fund Details:
Fund Manager:
Mrinal Singh, Priyanka Khandelwal
Company
structure: open-ended investment company
Risk Level:
Moderately High Risk
Fund Type: equity
Benefits and
Disadvantages of Value Discovery Fund:
This type of Mutual fund is called multicap fund
this type of fund invests the money in the companies which have the below and
fair intrinsic value. As you know every fund have their risk which is the
possibility of your money collapse. But the risk in this fund is lower than the
benchmark as compared to it. This fund is beat the benchmark in over 5 years
and 10 years. But the only problem in this fund is that it is underperformed in
the counts of 1year and 3 years of the period. Which means it is less valuable
for the short period.
Risk level :
The risk level
in this scheme is moderately high because of short period investment. So you are advised to take a long period of
investment which gives you better returns and better profits.
Top Companies
which are holding this fund :
Companies
% of HOLDING
Infosys Ltd 9.52%
Sun
Pharmaceuticals Industries Ltd
8.04%
Trips
7.95%
Bharti Airtel
Ltd
6.77%
NTPC Ltd
5.86%
Mahindra & Mahindra
Ltd
5.35%
PI Industries
Ltd
4.66%
63 DCMB
17032020
3.71%
ITC Ltd
3.67%
Wipro Ltd
3.57%
Exit
loads of the Fund:
This is the type
of cost which the investor needs to bear. If the person sells the fund in a
predefined period. So this type of fund is equity-type the equity-type funds or
schemes have an exit load of 1% if the units are sold In the year of buying.
ICICI Value Discovery fund direct growth Nav:
The word
Nav used in the funds is stands for the Net Asset Value. Net Asset Value
is mainly used in the open-ended funds and shares. This fund issues and
calculates the price that depends on the shares and interest which is called
Nav of the fund. On the date of 31st March 2020, the NAV of the fund is 109.46
crore. This also shows us ICICI value discover fund direct plan growth.
The minimum Sip amount is INR 100. And the minimum lumpsum amount is INR 1,000.
Conclusion:
Here you see all
the details about the ICICI value discovery fund direct plan growth.
This fund is very suitable for you to invest in a long period. So you can try
for this fund. it beats the benchmark for the long term investment. This fund
has a moderately high risk.
0 Comments