ICICI Prudential Value Discovery Fund has a big fan following among mutual fund investors. The multicap scheme is much sought after by investors who subscribe to value investing. However, the scheme's lacklustre performance lately is starting to worry both investors and advisors. The scheme has been underperforming its benchmark and peers for the last one year. ET.com Mutual Funds spoke to Mrinal Singh , Deputy CIO- Equity, fund manager, ICICI Prudential Value Discovery Fund, to find out why the fund is lagging in the short term.
ICICI Prudential Value Discovery Fund has underperformed its benchmark and peers in the last year? It is lagging its benchmark even in the three-year horizon. What is the reason behind this performance?
