ICICI Prudential Value Fund (erstwhile Value Discovery Fund) vs Invesco India Contra Fund
Over the last 3 years, Invesco India Contra Fund returned 15.8% a year against 13.2% for ICICI Prudential Value Fund (erstwhile Value Discovery Fund) (Direct plans). Invesco India Contra Fund costs less (0.75% a year, Direct). They hold 15 stocks in common; the portfolio overlap is 25%. Data as of 5 Nov 2026.
| ICICI Prudential Value Fund (erstwhile Value Discovery Fund) | Invesco India Contra Fund | |
|---|---|---|
| Category | Value / Contra | Value / Contra |
| Fund house | ICICI Prudential Mutual Fund | Invesco Mutual Fund |
| Benchmark (TRI) | Nifty 500 | Nifty 500 |
| Age | 13.8 years | 13.8 years |
| AUM | ₹60,108 cr | ₹20,132 cr |
| Direct plan | ||
| Rating | A | A |
| Expense ratio | 1.06% | 0.75% |
| 1Y return | -3.5% | -0.5% |
| 3Y return (a year) | 13.2% | 15.8% |
| 5Y return (a year) | 14.0% | 12.7% |
| 3Y vs index | +1.2% | +3.8% |
| Regular plan | ||
| Rating | A | A |
| Expense ratio | 1.53% | 1.84% |
| 1Y return | -4.0% | -1.6% |
| 3Y return (a year) | 12.6% | 14.5% |
| 5Y return (a year) | 13.4% | 11.4% |
| 3Y vs index | +0.6% | +2.5% |
| Risk and portfolio | ||
| Volatility, 3Y | 11.5% | 15.4% |
| Max fall, 5Y | -14.0% | -18.6% |
| Down capture, 3Y | 63 | 99 |
| Stocks held | 60 | 71 |
| Top 10 holdings | 51% | 30% |
Common questions
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) or Invesco India Contra Fund: which has done better?
Over the last 3 years, Invesco India Contra Fund returned 15.8% a year against 13.2% for ICICI Prudential Value Fund (erstwhile Value Discovery Fund) (Direct plans).
How much do ICICI Prudential Value Fund (erstwhile Value Discovery Fund) and Invesco India Contra Fund overlap?
They hold 15 stocks in common; the portfolio overlap is 25%.
Should I hold both?
Two funds with a high overlap add little diversification. Check how they fit your goal and the rest of your portfolio; we can help.
Past performance does not guarantee future returns. This comparison is not a recommendation to buy or sell either fund.