icici prudential contra fund directgrowth

ICICI Prudential Contra Fund Direct-Growth

Equity: Value Oriented - Growth (Open ended)

SEBI Riskometer: Very HighCategory: Equity: Value OrientedBenchmark: NIFTY 500 Total Return IndexCheck Portfolio Overlap →

NAV: ₹9.92-0.50%

21 Oct 2026

1 Week returns: -

Category rank: -

1 Month returns: -

Category rank: -

1 Year CAGR: -

Category rank: -

3 Years CAGR: -

Category rank: -

5 Years CAGR: -

Category rank: -

52 week high/low

₹9.92

₹10.01

AUM

Expense Ratio

Inception

1792540.00

P/E

P/B

Max Drawdown

-0.01

Return 1M

Return 1Y

Return 3Y

Return 5Y

Alpha

Sharpe

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.

Positive

Not enough talking points with positive stance

Negative

Not enough talking points with negative stance

Neutral

Not enough performance data

Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis

Scheme Overview

The scheme seeks to generate long-term capital appreciation by investing in Equity & Equity related instruments following contrarian investment strategy.

Scheme Category Overview →

Plan Variants

ICICI Prudential Contra Fund Direct-IDCW

Plan

IDCW

Payout

Irregular

Fund Managers

Sankaran Naren

Since: 28 Sep 2026

View details

Education

Mr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata.

Past Experience

Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.

Funds managed (7)

1.ICICI Prudential Multi Sector Passive FoF5 Sep 2018 – Present

2.ICICI Prudential Aggressive Hybrid Fund7 Dec 2015 – Present

3.ICICI Prudential Value Fund16 Jan 2021 – Present

4.ICICI Prudential Large Cap Fund5 Feb 2026 – Present

5.ICICI Prudential Multi Asset Allocation Fund1 Jan 2013 – Present

6.ICICI Prudential India Opportunities Fund26 Dec 2018 – Present

7.ICICI Prudential Contra Fund28 Sep 2026 – Present

Dharmesh Kakkad

Since: 28 Sep 2026

View details

Education

Mr. kakkad is B.com., CA & CFA.

Past Experience

He is associated with ICICI Prudential Asset Management Company Limited from June 2010. Prior to working in Dealing function, he was working in the Operations Department of ICICI Prudential AMC.

Funds managed (10)

1.ICICI Prudential Multi Sector Passive FoF28 May 2018 – Present

2.ICICI Prudential Value Fund16 Jan 2021 – Present

3.ICICI Prudential Dynamic Asset Allocation Active FoF28 May 2018 – Present

4.ICICI Prudential Aggressive Hybrid Active FoF28 May 2018 – Present

5.ICICI Prudential Equity Savings Fund23 Feb 2021 – Present

6.ICICI Prudential Healthcare Fund2 May 2020 – Present

7.ICICI Prudential Diversified Equity All Cap Omni FoF5 Feb 2020 – Present

8.ICICI Prudential Diversified Equity All Cap Active FoF2 Mar 2026 – Present

9.ICICI Prudential Multi-Asset Active FoF30 Jun 2026 – Present

10.ICICI Prudential Contra Fund28 Sep 2026 – Present

Gaurav Chikane

Since: 28 Sep 2026

View details

Education

Mr. Chikane is a B.E. (IT) and MBA (Finance)

Past Experience

Prior to joining the ICICI Prudential Mutual Fund, he has an experience of 6.5 years of trading in commodities.

Funds managed (6)

1.ICICI Prudential Multi Asset Allocation Fund2 Aug 2021 – Present

2.ICICI Prudential Multi-Asset Active FoF30 Jun 2026 – Present

3.ICICI Prudential Life Cycle Fund 203626 Aug 2026 – Present

4.ICICI Prudential Life Cycle Fund 203126 Aug 2026 – Present

5.ICICI Prudential Life Cycle Fund 204126 Aug 2026 – Present

6.ICICI Prudential Contra Fund28 Sep 2026 – Present

Sakshat Goel

Since: 28 Sep 2026

View details

Education

PGDM from S.P. Jain Institute of Management & Research and B.E. from P.E.S. Institute of Technology.

Past Experience

Prior to joining the ICICI Prudential AMC, he was associated with Futures First.

Funds managed (2)

1.ICICI Prudential Small Cap Fund5 Feb 2026 – Present

2.ICICI Prudential Contra Fund28 Sep 2026 – Present

Key Scheme Details

Inception

20 Oct 2026

Expense Ratio

AUM

Lock in

No lock in

Taxation

Equity

Min. Investment

₹1,000

Min. Addl Investment

Min. SIP Investment

₹100

Exit load

Exit load of 1%, if redeemed within 1 month.

AMC Overview

ICICI Prudential Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

AUM distribution as on date:

Sep 30, 2026

Total AUM: ₹ 11,11,684 Cr

Equity

₹ 5,54,433 Cr

Hybrid

₹ 2,65,017 Cr

Debt

₹ 2,50,278 Cr

Commodities

₹ 41,956 Cr

	Dec 31, 2021	Jan 31, 2022	Feb 28, 2022	Mar 31, 2022	Apr 30, 2022	May 31, 2022	Jun 30, 2022	Jul 31, 2022	Aug 31, 2022	Sep 30, 2022	Oct 31, 2022	Nov 30, 2022	Dec 31, 2022	Jan 31, 2023	Feb 28, 2023	Mar 31, 2023	Apr 30, 2023	May 31, 2023	Jun 30, 2023	Jul 31, 2023	Aug 31, 2023	Sep 30, 2023	Oct 31, 2023	Nov 30, 2023	Dec 31, 2023	Jan 31, 2024	Feb 29, 2024	Mar 31, 2024	Apr 30, 2024	May 31, 2024	Jun 30, 2024	Jul 31, 2024	Aug 31, 2024	Sep 30, 2024	Oct 31, 2024	Nov 30, 2024	Dec 31, 2024	Jan 31, 2025	Feb 28, 2025	Mar 31, 2025	Apr 30, 2025	May 31, 2025	Jun 30, 2025	Jul 31, 2025	Aug 31, 2025	Sep 30, 2025	Oct 31, 2025	Nov 30, 2025	Dec 31, 2025	Jan 31, 2026	Feb 28, 2026	Mar 31, 2026	Apr 30, 2026	May 31, 2026	Jun 30, 2026	Jul 31, 2026	Aug 31, 2026	Sep 30, 2026
equity	1,59,475 Cr	1,62,691 Cr	1,60,433 Cr	1,67,927 Cr	1,69,223 Cr	1,68,162 Cr	1,63,241 Cr	1,76,884 Cr	1,81,722 Cr	1,79,897 Cr	1,91,777 Cr	1,97,398 Cr	1,92,252 Cr	1,92,015 Cr	1,90,162 Cr	1,96,175 Cr	2,03,490 Cr	2,11,826 Cr	2,21,904 Cr	2,32,900 Cr	2,35,793 Cr	2,44,710 Cr	2,42,969 Cr	2,62,901 Cr	2,84,873 Cr	2,97,492 Cr	3,08,186 Cr	3,19,740 Cr	3,33,636 Cr	3,42,325 Cr	3,69,853 Cr	4,01,631 Cr	4,15,272 Cr	4,29,501 Cr	4,15,039 Cr	4,20,909 Cr	4,20,579 Cr	4,23,300 Cr	4,00,357 Cr	4,32,639 Cr	4,52,333 Cr	4,71,492 Cr	4,87,593 Cr	4,86,157 Cr	4,87,322 Cr	4,97,385 Cr	5,20,382 Cr	5,32,714 Cr	5,38,870 Cr	5,31,841 Cr	5,36,886 Cr	4,92,726 Cr	5,41,286 Cr	5,44,913 Cr	5,60,244 Cr	5,76,932 Cr	5,81,510 Cr	5,54,433 Cr
hybrid	93,451 Cr	95,848 Cr	95,827 Cr	96,102 Cr	97,191 Cr	97,107 Cr	95,193 Cr	97,927 Cr	99,473 Cr	98,529 Cr	1,01,164 Cr	1,02,545 Cr	1,02,791 Cr	1,03,411 Cr	1,03,609 Cr	1,02,889 Cr	1,05,680 Cr	1,09,042 Cr	1,13,317 Cr	1,18,505 Cr	1,21,530 Cr	1,27,107 Cr	1,29,195 Cr	1,37,294 Cr	1,44,134 Cr	1,49,223 Cr	1,55,267 Cr	1,60,025 Cr	1,67,044 Cr	1,70,422 Cr	1,78,676 Cr	1,86,708 Cr	1,91,483 Cr	1,96,678 Cr	1,95,222 Cr	1,95,238 Cr	1,94,553 Cr	1,97,463 Cr	1,94,132 Cr	2,01,854 Cr	2,08,763 Cr	2,14,987 Cr	2,23,639 Cr	2,26,176 Cr	2,30,898 Cr	2,37,099 Cr	2,44,769 Cr	2,51,625 Cr	2,56,077 Cr	2,58,890 Cr	2,62,964 Cr	2,46,062 Cr	2,61,119 Cr	2,61,250 Cr	2,66,466 Cr	2,71,976 Cr	2,74,221 Cr	2,65,017 Cr
debt	2,01,301 Cr	2,09,725 Cr	2,05,323 Cr	1,90,145 Cr	2,00,209 Cr	1,96,744 Cr	1,88,032 Cr	1,87,253 Cr	1,98,386 Cr	1,88,177 Cr	1,87,827 Cr	1,91,374 Cr	1,89,197 Cr	1,97,332 Cr	1,97,796 Cr	1,84,212 Cr	2,05,648 Cr	2,10,118 Cr	2,08,982 Cr	2,25,732 Cr	2,18,363 Cr	2,10,815 Cr	2,15,214 Cr	2,15,849 Cr	2,10,217 Cr	2,19,019 Cr	2,29,448 Cr	2,02,063 Cr	2,26,247 Cr	2,31,395 Cr	2,25,321 Cr	2,40,522 Cr	2,43,225 Cr	2,33,636 Cr	2,45,740 Cr	2,49,083 Cr	2,42,517 Cr	2,53,029 Cr	2,49,064 Cr	2,32,857 Cr	2,56,334 Cr	2,56,948 Cr	2,61,897 Cr	2,74,981 Cr	2,75,783 Cr	2,68,809 Cr	2,79,552 Cr	2,80,683 Cr	2,66,019 Cr	2,81,646 Cr	2,81,626 Cr	2,47,147 Cr	2,69,390 Cr	2,68,415 Cr	2,52,416 Cr	2,67,669 Cr	2,70,836 Cr	2,50,278 Cr
commodities	2,655 Cr	2,380 Cr	2,556 Cr	2,912 Cr	3,899 Cr	3,911 Cr	3,816 Cr	3,535 Cr	3,496 Cr	3,764 Cr	3,956 Cr	4,169 Cr	4,061 Cr	3,921 Cr	3,783 Cr	3,714 Cr	3,672 Cr	3,027 Cr	3,596 Cr	3,989 Cr	4,897 Cr	4,768 Cr	4,953 Cr	5,394 Cr	5,500 Cr	6,176 Cr	6,647 Cr	7,090 Cr	6,854 Cr	7,549 Cr	7,546 Cr	7,528 Cr	7,893 Cr	8,739 Cr	9,668 Cr	9,760 Cr	9,657 Cr	11,349 Cr	11,504 Cr	11,988 Cr	12,107 Cr	12,880 Cr	14,103 Cr	14,897 Cr	16,027 Cr	20,276 Cr	21,412 Cr	24,351 Cr	32,597 Cr	47,637 Cr	42,790 Cr	38,982 Cr	41,096 Cr	43,564 Cr	39,090 Cr	39,523 Cr	43,432 Cr	41,956 Cr
Total	4,56,883 Cr	4,70,644 Cr	4,64,139 Cr	4,57,086 Cr	4,70,523 Cr	4,65,924 Cr	4,50,282 Cr	4,65,599 Cr	4,83,078 Cr	4,70,367 Cr	4,84,724 Cr	4,95,486 Cr	4,88,302 Cr	4,96,680 Cr	4,95,350 Cr	4,86,990 Cr	5,18,490 Cr	5,34,013 Cr	5,47,799 Cr	5,81,126 Cr	5,80,583 Cr	5,87,400 Cr	5,92,330 Cr	6,21,439 Cr	6,44,724 Cr	6,71,910 Cr	6,99,548 Cr	6,88,919 Cr	7,33,780 Cr	7,51,691 Cr	7,81,394 Cr	8,36,389 Cr	8,57,872 Cr	8,68,554 Cr	8,65,669 Cr	8,74,991 Cr	8,67,306 Cr	8,85,140 Cr	8,55,056 Cr	8,79,337 Cr	9,29,537 Cr	9,56,306 Cr	9,87,232 Cr	10,02,211 Cr	10,10,030 Cr	10,23,569 Cr	10,66,114 Cr	10,89,373 Cr	10,93,563 Cr	11,20,013 Cr	11,24,266 Cr	10,24,916 Cr	11,12,891 Cr	11,18,142 Cr	11,18,215 Cr	11,56,100 Cr	11,69,999 Cr	11,11,684 Cr

AMC Details

AMC

ICICI Prudential Mutual Fund

CEO

Nimesh Shah(Chief Executive Officer)

CIO

Sankaran Naren(Chief Investment Officer), Manish Banthia(Chief Investment Officer-Debt)

IRO

Rajen Kotak

Trustee

ICICI Prudential Trust Ltd

Website

http://www.icicipruamc.com

Address

One BKC , A Wing ,, 13th Floor, Bandra Kurla Complex,, Mumbai

Frequently Asked Questions

What is the current NAV of ICICI Prudential Contra Fund Direct-Growth?

The current NAV of ICICI Prudential Contra Fund Direct-Growth is ₹9.92 as of 20 Oct 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.

What is the AUM of ICICI Prudential Contra Fund Direct-Growth?

The AUM (Assets Under Management) of ICICI Prudential Contra Fund Direct-Growth is -. AUM represents the total market value of assets the fund currently manages on behalf of its investors.

What is the expense ratio of ICICI Prudential Contra Fund Direct-Growth?

The expense ratio of ICICI Prudential Contra Fund Direct-Growth is -% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.

Who is the fund manager of ICICI Prudential Contra Fund Direct-Growth?

ICICI Prudential Contra Fund Direct-Growth is managed by Sankaran Naren, Dharmesh Kakkad, Gaurav Chikane, Sakshat Goel. You can check the full list of fund managers in the "Fund Manager" section above.

What is the benchmark of ICICI Prudential Contra Fund Direct-Growth?

The benchmark of ICICI Prudential Contra Fund Direct-Growth is NIFTY 500 Total Return Index. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.

When was ICICI Prudential Contra Fund Direct-Growth launched?

ICICI Prudential Contra Fund Direct-Growth was launched on 20 Oct 2026. The fund has been in existence for 0 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.

What is the minimum investment in ICICI Prudential Contra Fund Direct-Growth?

The minimum investment in ICICI Prudential Contra Fund Direct-Growth is ₹1,000 for a lump sum and ₹100 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.

What is the exit load on ICICI Prudential Contra Fund Direct-Growth?

ICICI Prudential Contra Fund Direct-Growth has an exit load — Exit load of 1%, if redeemed within 1 month.. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.

What category does ICICI Prudential Contra Fund Direct-Growth belong to?

ICICI Prudential Contra Fund Direct-Growth belongs to the Equity: Value Oriented category. You can view other funds in this category.

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Dec 31, 2021

Jan 31, 2022

Feb 28, 2022

Mar 31, 2022

Apr 30, 2022

May 31, 2022

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Jul 31, 2022

Aug 31, 2022

Sep 30, 2022

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Dec 31, 2022

Jan 31, 2023

Feb 28, 2023

Mar 31, 2023

Apr 30, 2023

May 31, 2023

Jun 30, 2023

Jul 31, 2023

Aug 31, 2023

Sep 30, 2023

Oct 31, 2023

Nov 30, 2023

Dec 31, 2023

Jan 31, 2024

Feb 29, 2024

Mar 31, 2024

Apr 30, 2024

May 31, 2024

Jun 30, 2024

Jul 31, 2024

Aug 31, 2024

Sep 30, 2024

Oct 31, 2024

Nov 30, 2024

Dec 31, 2024

Jan 31, 2025

Feb 28, 2025

Mar 31, 2025

Apr 30, 2025

May 31, 2025

Jun 30, 2025

Jul 31, 2025

Aug 31, 2025

Sep 30, 2025

Oct 31, 2025

Nov 30, 2025

Dec 31, 2025

Jan 31, 2026

Feb 28, 2026

Mar 31, 2026

Apr 30, 2026

May 31, 2026

Jun 30, 2026

Jul 31, 2026

Aug 31, 2026

Sep 30, 2026

equity

1,59,475 Cr

1,62,691 Cr

1,60,433 Cr

1,67,927 Cr

1,69,223 Cr

1,68,162 Cr

1,63,241 Cr

1,76,884 Cr

1,81,722 Cr

1,79,897 Cr

1,91,777 Cr

1,97,398 Cr

1,92,252 Cr

1,92,015 Cr

1,90,162 Cr

1,96,175 Cr

2,03,490 Cr

2,11,826 Cr

2,21,904 Cr

2,32,900 Cr

2,35,793 Cr

2,44,710 Cr

2,42,969 Cr

2,62,901 Cr

2,84,873 Cr

2,97,492 Cr

3,08,186 Cr

3,19,740 Cr

3,33,636 Cr

3,42,325 Cr

3,69,853 Cr

4,01,631 Cr

4,15,272 Cr

4,29,501 Cr

4,15,039 Cr

4,20,909 Cr

4,20,579 Cr

4,23,300 Cr

4,00,357 Cr

4,32,639 Cr

4,52,333 Cr

4,71,492 Cr

4,87,593 Cr

4,86,157 Cr

4,87,322 Cr

4,97,385 Cr

5,20,382 Cr

5,32,714 Cr

5,38,870 Cr

5,31,841 Cr

5,36,886 Cr

4,92,726 Cr

5,41,286 Cr

5,44,913 Cr

5,60,244 Cr

5,76,932 Cr

5,81,510 Cr

5,54,433 Cr

hybrid

93,451 Cr

95,848 Cr

95,827 Cr

96,102 Cr

97,191 Cr

97,107 Cr

95,193 Cr

97,927 Cr

99,473 Cr

98,529 Cr

1,01,164 Cr

1,02,545 Cr

1,02,791 Cr

1,03,411 Cr

1,03,609 Cr

1,02,889 Cr

1,05,680 Cr

1,09,042 Cr

1,13,317 Cr

1,18,505 Cr

1,21,530 Cr

1,27,107 Cr

1,29,195 Cr

1,37,294 Cr

1,44,134 Cr

1,49,223 Cr

1,55,267 Cr

1,60,025 Cr

1,67,044 Cr

1,70,422 Cr

1,78,676 Cr

1,86,708 Cr

1,91,483 Cr

1,96,678 Cr

1,95,222 Cr

1,95,238 Cr

1,94,553 Cr

1,97,463 Cr

1,94,132 Cr

2,01,854 Cr

2,08,763 Cr

2,14,987 Cr

2,23,639 Cr

2,26,176 Cr

2,30,898 Cr

2,37,099 Cr

2,44,769 Cr

2,51,625 Cr

2,56,077 Cr

2,58,890 Cr

2,62,964 Cr

2,46,062 Cr

2,61,119 Cr

2,61,250 Cr

2,66,466 Cr

2,71,976 Cr

2,74,221 Cr

2,65,017 Cr

debt

2,01,301 Cr

2,09,725 Cr

2,05,323 Cr

1,90,145 Cr

2,00,209 Cr

1,96,744 Cr

1,88,032 Cr

1,87,253 Cr

1,98,386 Cr

1,88,177 Cr

1,87,827 Cr

1,91,374 Cr

1,89,197 Cr

1,97,332 Cr

1,97,796 Cr

1,84,212 Cr

2,05,648 Cr

2,10,118 Cr

2,08,982 Cr

2,25,732 Cr

2,18,363 Cr

2,10,815 Cr

2,15,214 Cr

2,15,849 Cr

2,10,217 Cr

2,19,019 Cr

2,29,448 Cr

2,02,063 Cr

2,26,247 Cr

2,31,395 Cr

2,25,321 Cr

2,40,522 Cr

2,43,225 Cr

2,33,636 Cr

2,45,740 Cr

2,49,083 Cr

2,42,517 Cr

2,53,029 Cr

2,49,064 Cr

2,32,857 Cr

2,56,334 Cr

2,56,948 Cr

2,61,897 Cr

2,74,981 Cr

2,75,783 Cr

2,68,809 Cr

2,79,552 Cr

2,80,683 Cr

2,66,019 Cr

2,81,646 Cr

2,81,626 Cr

2,47,147 Cr

2,69,390 Cr

2,68,415 Cr

2,52,416 Cr

2,67,669 Cr

2,70,836 Cr

2,50,278 Cr

commodities

2,655 Cr

2,380 Cr

2,556 Cr

2,912 Cr

3,899 Cr

3,911 Cr

3,816 Cr

3,535 Cr

3,496 Cr

3,764 Cr

3,956 Cr

4,169 Cr

4,061 Cr

3,921 Cr

3,783 Cr

3,714 Cr

3,672 Cr

3,027 Cr

3,596 Cr

3,989 Cr

4,897 Cr

4,768 Cr

4,953 Cr

5,394 Cr

5,500 Cr

6,176 Cr

6,647 Cr

7,090 Cr

6,854 Cr

7,549 Cr

7,546 Cr

7,528 Cr

7,893 Cr

8,739 Cr

9,668 Cr

9,760 Cr

9,657 Cr

11,349 Cr

11,504 Cr

11,988 Cr

12,107 Cr

12,880 Cr

14,103 Cr

14,897 Cr

16,027 Cr

20,276 Cr

21,412 Cr

24,351 Cr

32,597 Cr

47,637 Cr

42,790 Cr

38,982 Cr

41,096 Cr

43,564 Cr

39,090 Cr

39,523 Cr

43,432 Cr

41,956 Cr

Total

4,56,883 Cr

4,70,644 Cr

4,64,139 Cr

4,57,086 Cr

4,70,523 Cr

4,65,924 Cr

4,50,282 Cr

4,65,599 Cr

4,83,078 Cr

4,70,367 Cr

4,84,724 Cr

4,95,486 Cr

4,88,302 Cr

4,96,680 Cr

4,95,350 Cr

4,86,990 Cr

5,18,490 Cr

5,34,013 Cr

5,47,799 Cr

5,81,126 Cr

5,80,583 Cr

5,87,400 Cr

5,92,330 Cr

6,21,439 Cr

6,44,724 Cr

6,71,910 Cr

6,99,548 Cr

6,88,919 Cr

7,33,780 Cr

7,51,691 Cr

7,81,394 Cr

8,36,389 Cr

8,57,872 Cr

8,68,554 Cr

8,65,669 Cr

8,74,991 Cr

8,67,306 Cr

8,85,140 Cr

8,55,056 Cr

8,79,337 Cr

9,29,537 Cr

9,56,306 Cr

9,87,232 Cr

10,02,211 Cr

10,10,030 Cr

10,23,569 Cr

10,66,114 Cr

10,89,373 Cr

10,93,563 Cr

11,20,013 Cr

11,24,266 Cr

10,24,916 Cr

11,12,891 Cr

11,18,142 Cr

11,18,215 Cr

11,56,100 Cr

11,69,999 Cr

11,11,684 Cr