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Value / Contra · ICICI Prudential Mutual Fund · AMFI code 102594ICICI Prudential Value Fund
Disclosed for 22 months, Jan 2025 to Oct 2026.Formerly ICICI Prudential Value Discovery Fund (Jan 2025 – May 2025)
Portfolio value
₹57,760 Cr
up ₹510 Cr vs Sep 2026
- Stocks held
- 60
- unchanged
- Top 10 weight
- 52.7%
- of the portfolio in its ten largest
- Cash & debt
- 3.6%
- cash, money market and debt
- Moves this month
- 1 in · 1 out
- added to 10, trimmed 39
Holdings as of the end of October 2026, from ICICI Prudential Mutual Fund’s monthly portfolio disclosure. Fund houses publish each month’s portfolio within 10 days of the month end, and this page is updated after they do. How the data is checked
ICICI Prudential Value Fund is an active equity fund in the Value / Contra category from ICICI Prudential Mutual Fund. In October 2026 it disclosed 60 stocks worth ₹57,760 Cr, up ₹510 Cr from Sep 2026. Its largest positions were ICICI Bank Limited (9.4%), HDFC Bank Limited (9.3%), ITC Limited (5.9%); the ten largest together made up 52.7% of the portfolio, and Banks was the biggest sector at 26.4% of its equity. Cash and debt stood at 3.6%. Compared with Sep 2026 the fund entered 1 new stock and exited 1.
Against 27 other Value / Contra funds
Concentration
96%
Top-10 weight is higher than 96% of peers
Breadth
52%
Holds more stocks than 52% of peers
Cash
44%
Holds more cash than 44% of peers
What these mean: concentration · cash
Holdings in October 2026
Download CSVEvery line the fund disclosed, with the change against Sep 2026. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| ICICI Bank Limited | 9.40% | up 0.43 pts | ₹5,431 Cr | up ₹296 Cr | Added |
| HDFC Bank Limited | 9.33% | down 0.12 pts | ₹5,388 Cr | down ₹23.1 Cr | Held |
| ITC Limited | 5.91% | up 1.39 pts | ₹3,412 Cr | up ₹827 Cr | Added |
| Life Insurance Corporation Of India | 5.61% | down 0.23 pts | ₹3,239 Cr | down ₹101 Cr | Trimmed |
| Reliance Industries Limited | 4.99% | down 0.14 pts | ₹2,884 Cr | down ₹54.7 Cr | Trimmed |
| Infosys Limited | 4.58% | up 0.43 pts | ₹2,645 Cr | up ₹269 Cr | Added |
| Sun Pharmaceutical Industries Limited | 4.24% | down 0.13 pts | ₹2,448 Cr | down ₹53.6 Cr | Trimmed |
| Maruti Suzuki India Limited | 2.99% | down 0.18 pts | ₹1,725 Cr | down ₹86.3 Cr | Trimmed |
| Axis Bank Limited | 2.88% | down 0.05 pts | ₹1,666 Cr | down ₹12.3 Cr | Trimmed |
| Hindustan Unilever Limited | 2.76% | up 0.08 pts | ₹1,593 Cr | up ₹57.6 Cr | Added |
| Bharti Airtel Limited | 2.62% | up 0.12 pts | ₹1,512 Cr | up ₹82.6 Cr | Added |
| Tata Consultancy Services Limited | 2.49% | down 0.09 pts | ₹1,436 Cr | down ₹40.4 Cr | Trimmed |
| Cash, TREPS & receivables | 2.36% | up 0.01 pts | ₹1,364 Cr | up ₹17.9 Cr | Added |
| Dr. Reddy's Laboratories Limited | 2.24% | up 0.18 pts | ₹1,294 Cr | up ₹114 Cr | Added |
| SBI Life Insurance Company Limited | 2.24% | down 0.07 pts | ₹1,291 Cr | down ₹29.4 Cr | Trimmed |
| NTPC Limited | 2.03% | down 0.06 pts | ₹1,173 Cr | down ₹24.1 Cr | Trimmed |
| State Bank of India | 2.00% | down 0.01 pts | ₹1,157 Cr | up ₹2.8 Cr | Held |
| HDFC Life Insurance Company Limited | 1.98% | down <0.01 pts | ₹1,142 Cr | up ₹8.1 Cr | Added |
| Bajaj Finserv Limited | 1.92% | up 0.12 pts | ₹1,108 Cr | up ₹78.1 Cr | Added |
| Larsen & Toubro Limited | 1.62% | up 0.03 pts | ₹937 Cr | up ₹27 Cr | Added |
| Oil & Natural Gas Corporation Limited | 1.57% | down 0.02 pts | ₹904 Cr | down ₹1.6 Cr | Held |
| UltraTech Cement Limited | 1.43% | down <0.01 pts | ₹826 Cr | up ₹6.7 Cr | Added |
| Kotak Mahindra Bank Limited | 1.40% | down 0.32 pts | ₹807 Cr | down ₹179 Cr | Trimmed |
| Apollo Tyres Limited | 1.37% | down 0.10 pts | ₹793 Cr | down ₹52.8 Cr | Trimmed |
| Cipla Limited | 1.37% | up 0.02 pts | ₹790 Cr | up ₹18.9 Cr | Added |
| Tata Motors Ltd | 1.33% | down 0.10 pts | ₹771 Cr | down ₹49.2 Cr | Trimmed |
| Asian Paints Limited | 1.21% | down 0.05 pts | ₹700 Cr | down ₹24.9 Cr | Trimmed |
| Hyundai Motor India Ltd | 1.20% | down 0.09 pts | ₹692 Cr | down ₹43.5 Cr | Trimmed |
| Tata Steel Limited | 1.18% | down 0.12 pts | ₹683 Cr | down ₹61.6 Cr | Trimmed |
| Tata Motors Limited | 1.11% | down 0.09 pts | ₹643 Cr | down ₹43.8 Cr | Trimmed |
| ICICI Lombard General Insurance Company Limited | 1.03% | down 0.11 pts | ₹595 Cr | down ₹56.6 Cr | Trimmed |
| Godrej Consumer Products Limited | 1.02% | up 0.03 pts | ₹588 Cr | up ₹23 Cr | Added |
| Adani Wilmar Limited | 0.78% | down 0.07 pts | ₹451 Cr | down ₹37.1 Cr | Trimmed |
| LIC Housing Finance Limited | 0.77% | down 0.25 pts | ₹443 Cr | down ₹139 Cr | Trimmed |
| Akzo Nobel India Limited JSW Dulux Limited · history in this fund | 0.60% | down 0.10 pts | ₹347 Cr | down ₹54.1 Cr | Trimmed |
| Hero MotoCorp Limited | 0.59% | down 0.01 pts | ₹341 Cr | down ₹4.9 Cr | Trimmed |
| Coal India Limited | 0.56% | down 0.21 pts | ₹323 Cr | down ₹115 Cr | Trimmed |
| Biocon Limited | 0.54% | down 0.01 pts | ₹311 Cr | down ₹5 Cr | Trimmed |
| Avenue Supermarts Ltd. Money market | 0.52% | up 0.52 pts | ₹300 Cr | up ₹300 Cr | New |
| JK Lakshmi Cement Limited | 0.50% | down 0.04 pts | ₹290 Cr | down ₹17.8 Cr | Trimmed |
| Central Bank of India | 0.46% | down 0.03 pts | ₹265 Cr | down ₹16 Cr | Trimmed |
| General Insurance Corporation of India | 0.43% | down 0.03 pts | ₹249 Cr | down ₹16.2 Cr | Trimmed |
| ACC Limited | 0.42% | down 0.03 pts | ₹241 Cr | down ₹15.8 Cr | Trimmed |
| MphasiS Limited | 0.35% | down 0.18 pts | ₹200 Cr | down ₹101 Cr | Trimmed |
| Vedanta Aluminium Metal Limited | 0.34% | up 0.01 pts | ₹198 Cr | up ₹9.9 Cr | Added |
| Gujarat Gas Limited | 0.29% | down 0.04 pts | ₹170 Cr | down ₹24.1 Cr | Trimmed |
| V-Guard Industries Limited | 0.29% | down 0.02 pts | ₹168 Cr | down ₹9.8 Cr | Trimmed |
| Dabur India Limited | 0.28% | down 0.01 pts | ₹165 Cr | down ₹6.5 Cr | Trimmed |
| Galaxy Surfactants Limited | 0.28% | down 0.04 pts | ₹164 Cr | down ₹18.7 Cr | Trimmed |
| GO Digit General Insurance Ltd. | 0.26% | down <0.01 pts | ₹149 Cr | up ₹31 L | Held |
What changed, Sep 2026 to Oct 2026
New New positions (1)
- Jio Platforms Limited0.2% · ₹129 Cr
Exited Exited (1)
- IndusInd Bank Limitedwas 0.3% · ₹154 Cr
Added Biggest additions
- ITC Limitedup ₹827 Cr (+1.39% pts)
- ICICI Bank Limitedup ₹296 Cr (+0.43% pts)
- Infosys Limitedup ₹269 Cr (+0.43% pts)
- Dr. Reddy's Laboratories Limitedup ₹114 Cr (+0.18% pts)
- Bharti Airtel Limitedup ₹82.6 Cr (+0.12% pts)
- Bajaj Finserv Limitedup ₹78.1 Cr (+0.12% pts)
- Hindustan Unilever Limitedup ₹57.6 Cr (+0.08% pts)
- Pfizer Limitedup ₹49.8 Cr (+0.09% pts)
- HDB Financial Services Limitedup ₹45.6 Cr (+0.08% pts)
- Larsen & Toubro Limitedup ₹27 Cr (+0.03% pts)
Trimmed Biggest reductions
- Kotak Mahindra Bank Limiteddown ₹179 Cr (−0.32% pts)
- LIC Housing Finance Limiteddown ₹139 Cr (−0.25% pts)
- Coal India Limiteddown ₹115 Cr (−0.21% pts)
- MphasiS Limiteddown ₹101 Cr (−0.18% pts)
- Life Insurance Corporation Of Indiadown ₹101 Cr (−0.23% pts)
- Maruti Suzuki India Limiteddown ₹86.3 Cr (−0.18% pts)
- Tata Steel Limiteddown ₹61.6 Cr (−0.12% pts)
- ICICI Lombard General Insurance Company Limiteddown ₹56.6 Cr (−0.11% pts)
- Reliance Industries Limiteddown ₹54.7 Cr (−0.14% pts)
- Akzo Nobel India Limiteddown ₹54.1 Cr (−0.10% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Sep 2026, the weight rose most in Diversified FMCG (+1.5 pts) and Telecom - Services (+0.4 pts), and fell most in Insurance (−0.4 pts) and Automobiles (−0.4 pts).
- Diversified FMCG7.4% → 9.0%+1.5 pts
- Telecom - Services2.6% → 2.9%+0.4 pts
- IT - Software7.5% → 7.7%+0.2 pts
- Pharmaceuticals & Biotechnology8.9% → 9.0%+0.2 pts
- Insurance12.4% → 12.0%−0.4 pts
- Automobiles6.5% → 6.1%−0.4 pts
- Banks26.7% → 26.4%−0.3 pts
- Consumable Fuels0.8% → 0.6%−0.2 pts
- Consumer Durables2.4% → 2.2%−0.2 pts
- Petroleum Products5.5% → 5.3%−0.1 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Oct 2025 | Apr 2026 | Jul 2026 | Sep 2026 | Oct 2026 |
|---|---|---|---|---|---|
| Banks | 25.1% | 26.3% | 28.0% | 26.7% | 26.4% |
| Insurance | 8.4% | 6.7% | 8.2% | 12.4% | 12.0% |
| Pharmaceuticals & Biotechnology | 9.9% | 11.6% | 9.7% | 8.9% | 9.0% |
| Diversified FMCG | 5.1% | 8.9% | 7.9% | 7.4% | 9.0% |
| IT - Software | 14.1% | 12.4% | 8.4% | 7.5% | 7.7% |
| Automobiles | 5.0% | 6.4% | 8.1% | 6.5% | 6.1% |
| Petroleum Products | 9.3% | 5.8% | 5.8% | 5.5% | 5.3% |
| Finance | 1.9% | 3.3% | 3.0% | 3.1% | 3.0% |
| Telecom - Services | 1.9% | 1.8% | 2.8% | 2.6% | 2.9% |
| Cement & Cement Products | <0.1% | 0.9% | 2.5% | 2.5% | 2.4% |
Allocation in Oct 2026change vs Sep 2026
- Banks (6)26.4%▼ 0.3 pts
- Insurance (7)12.0%▼ 0.4 pts
- Pharmaceuticals & Biotechnology (6)9.0%▲ 0.2 pts
- Diversified FMCG (2)9.0%▲ 1.5 pts
- IT - Software (3)7.7%▲ 0.2 pts
- Automobiles (4)6.1%▼ 0.4 pts
- Petroleum Products (2)5.3%▼ 0.1 pts
- Finance (3)3.0%
- Telecom - Services (2)2.9%▲ 0.4 pts
- Cement & Cement Products (3)2.4%▼ 0.1 pts
- Consumer Durables (4)2.2%▼ 0.2 pts
- Power (1)2.1%▼ 0.1 pts
- Construction (1)1.7%
- Oil (1)1.6%
- Auto Components (1)1.4%▼ 0.1 pts
- Agricultural, Commercial & Construction Vehicles (1)1.4%▼ 0.1 pts
- Personal Products (2)1.4%
- Ferrous Metals (1)1.2%▼ 0.1 pts
- Agricultural Food & Other Products (1)0.8%▼ 0.1 pts
- Consumable Fuels (1)0.6%▼ 0.2 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Oct 2026
3.6%
▲ 0.3 pts vs Sep 2026
- Cash alone
- 2.4%
- cash and net receivables
- A year earlier
- 6.8%
- Oct 2025 · now ▼ 3.1 pts
- Last 12 months
- 3.3% – 6.7%
- lowest to highest · record 11.2% in Apr 2025
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.
All 22 months
| Month | Portfolio value | Stocks | Entered | Exited | Cash | Cash & debt | Turnover |
|---|---|---|---|---|---|---|---|
| Oct 2026 | ₹57,760 Cr | 60 | 1 | 1 | 2.4% | 3.6% | 73% |
| Sep 2026 | ₹57,250 Cr | 60 | 1 | 1 | 2.4% | 3.3% | 77% |
| Aug 2026 | ₹60,075 Cr | 60 | 2 | 6 | 2.7% | 3.4% | 81% |
| Jul 2026 | ₹61,102 Cr | 64 | 5 | 3 | 4.7% | 6.7% | 80% |
| Jun 2026 | ₹60,198 Cr | 62 | 3 | 2 | 2.9% | 3.9% | 79% |
| May 2026 | ₹58,954 Cr | 61 | 3 | 5 | 2.9% | 4.4% | 84% |
| Apr 2026 | ₹59,588 Cr | 63 | 2 | 5 | 5.1% | 6.3% | 87% |
| Mar 2026 | ₹55,852 Cr | 66 | 1 | 0 | 3.1% | 4.8% | — |
| Feb 2026 | ₹60,571 Cr | 65 | 1 | 3 | 4.5% | 6.3% | — |
| Jan 2026 | ₹60,353 Cr | 67 | 3 | 0 | 2.4% | 4.1% | — |
| Dec 2025 | ₹61,272 Cr | 64 | 5 | 5 | 4.2% | 5.8% | — |
| Nov 2025 | ₹60,391 Cr | 64 | 6 | 2 | 2.4% | 6.1% | — |
| Oct 2025 | ₹57,935 Cr | 60 | 4 | 6 | 5.0% | 6.8% | — |
| Sep 2025 | ₹55,445 Cr | 62 | 1 | 2 | 4.7% | 7.2% | — |
| Aug 2025 | ₹53,750 Cr | 63 | 3 | 3 | 5.9% | 7.2% | — |
| Jul 2025 | ₹53,716 Cr | 63 | 2 | 3 | 5.3% | 8.4% | — |
| Jun 2025 | ₹54,096 Cr | 64 | 1 | 4 | 7.0% | 8.6% | — |
| May 2025 | ₹52,598 Cr | 67 | 2 | 4 | 3.7% | 7.2% | — |
| Apr 2025 | ₹51,112 Cr | 69 | 2 | 1 | 8.5% | 11.2% | — |
| Mar 2025 | ₹49,131 Cr | 68 | 4 | 3 | 8.2% | 9.2% | — |
| Feb 2025 | ₹46,114 Cr | 67 | 2 | 3 | 5.9% | 7.3% | — |
| Jan 2025 | ₹48,400 Cr | 68 | 2.9% | 6.9% | — |