Know How ICICI Value Discovery Fund Generate Wealth

Wealth generation is the most amazing thing that we all desire. Everyone wishes to be extremely rich to enjoy all the amenities of life to the fullest but only a few of us reach that goal. Investments play a pivotal role in making our dreams come true and we are often recommended to plan a better investment for achieving what we desire. But have you tried that? Have you looked out for some high-yielding investment strategies to help you achieve your goals? Many of us have not, and if you too are among those, then here we have provided you with the detailed description of one of the best mutual funds, i.e., ICICI Value Discovery Fund.

It is of prime importance to have knowledge of various investment schemes that you have in the market for the purpose of making an apt choice. We, at MySIPonline, are intending to provide you with such information that helps you plan your investments in the best possible manner. On being asked frequently about this value discovery scheme of ICICI Mutual Fund, our team made detailed research of the same and have come to know that it is among the best equity schemes to invest for the purpose of long-term capital appreciation. Let’s explain the same here -

The Performance Track of ICICI Value Discovery 
The scheme is ranked among the top-five diversified equity funds in India as per CRISIL rating for the quarter ended in December 2017 which shows its market reputation in comparison with its peers. It has yielded positive absolute annual returns which have reached up to 72.5% in the year 2014 and were 23.4% in the past year 2017. Moving further towards the annualised returns of the scheme, we can evaluate that it has been beating its benchmark for a long time with a great margin. The best returns offered by the scheme are for a period of at least five years and hence it is best suited for long-term investment purposes.

Asset Allocation of ICICI Value Discovery Fund (G)
With equity investment of around 94% of the total invested capital and the remaining balance in the debt instruments, this scheme holds a perfectly balanced portfolio to yield high growth. Majority of the capital is being invested in the stocks of companies falling in the financial, technology, energy, healthcare, construction, and automobile sectors. The top holdings include Sun Pharmaceuticals, Larsen & Toubro, Wipro, HDFC Bank, NTPC, Infosys, Mahindra & Mahindra, and State Bank of India, which are among the top companies in India having high-growth potential and capacity to generate the desired yields. This ensures that the fund is capacitated to generate growth and returns which will help one in appreciating the capital.

Investment Objectives of ICICI Value Discovery Fund
It is an open-ended diversified equity fund having an objective of providing capital growth by investing primarily in the well-diversified portfolio of companies which are accumulated at a discounted price. With this, the scheme has made a big shot of investment in high-growth entities by purchasing the stocks at a small price only. The risk appetite of the fund is moderate and hence it is for moderately risk-averse investors having an aim of appreciating capital in the long run.

So if you are willing to make a worthwhile investment for a long term of at least five years in order to appreciate your capital, then ICICI Prudential Value Discovery Fund is an apt one for you. Start investing in the scheme using the SIP route via MySIPonline to avail maximum convenience of investing online at just no price.