ICICI Prudential India Opportunities Fund vs Quantum Value Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential India Opportunities Fund is a Thematic fund and Quantum Value Fund is a Value and Contra fund. In the 3 years to 30-10-2026, ICICI Prudential India Opportunities Fund (Direct) returned 13.4% a year and Quantum Value Fund (Direct) returned 9.5% a year. ICICI Prudential India Opportunities Fund charges 0.92% a year and Quantum Value Fund 1.14% (Direct plans). Their portfolios overlap 36.6%: they hold 18 of the same securities.
ICICI Prudential India Opportunities Fund
Thematic
- 3 year return
- 13.4%
- Expense ratio
- 0.92%
- NAV
- ₹38.02
Quantum Value Fund
Value and Contra
- 3 year return
- 9.5%
- Expense ratio
- 1.14%
- NAV
- ₹119.47
Which is better, ICICI Prudential India Opportunities or Quantum Value? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential India Opportunities returned more over 5 years: 15.9% a year against 8.7%.
- ICICI Prudential India Opportunities returned more over 3 years: 13.4% a year against 9.5%.
- ICICI Prudential India Opportunities costs less: 0.92% a year against 1.14% (Direct plans).
- ICICI Prudential India Opportunities swung less over 3 years: a standard deviation of 11.8% a year against 12.3%.
- Quantum Value fell less in its worst fall since 16-01-2019: −40.0% against −40.1%.
- ICICI Prudential India Opportunities holds more in large companies: 69.0% of the fund in large caps against 51.3%.
- ICICI Prudential India Opportunities is the larger fund: ₹36,469 Cr against ₹1,048 Cr.
- Their portfolios overlap 36.6%: 18 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | ICICI Prudential India Opportunities Fund | Quantum Value Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Quantum Mutual Fund |
| Category | Thematic | Value and Contra |
| AUM | ₹36,469 Cr (30-09-2026) | ₹1,048 Cr (30-09-2026) |
| NAV | ₹38.02 (Direct) | ₹119.47 (Direct) |
| Expense ratio (Direct) | 0.92% | 1.14% |
| Expense ratio (Regular) | 1.72% | 2.17% |
| Riskometer | Not available | Very High |
| Benchmark | Nifty 500 TRI | BSE 500 TRI |
| Launch date | 15-01-2019 | 13-03-2006 |
| Minimum investment | ₹5,000 | ₹500 |
| Lock in | None | None |
| Fund managers | Sankaran Naren, Roshan Chutkey, Divya Jain | George Thomas, Christy Mathia |
| Exit load | 1 % of applicable Net Asset Value If the amount sought to be redeemed or switch out within 12 months from allotment. Nil If the amount sought to be redeemed or switched out more than 12 months. | For units in excess of 10% of the investment, exit load of 2% if redeemed within 365 days, 1% if redeemed after 365 days but within 730 days. |
ICICI Prudential India Opportunities vs Quantum Value: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| ICICI Prudential India Opportunities Fund (Direct) | −0.05% | −5.45% | −2.66% | −6.35% | +13.39% | +15.93% | -- |
| Quantum Value Fund (Direct) | +1.07% | −6.65% | −3.40% | −10.00% | +9.52% | +8.72% | +10.02% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | -- |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | +12.63% |
Category average: the average of the 235 Thematic funds and the 30 Value and Contra funds, same plan type.
ICICI Prudential India Opportunities vs Quantum Value: Year-wise Returns
| Year | ICICI Prudential India OpportunitiesICICI Prudential India Opportunities | Quantum ValueQuantum Value |
|---|---|---|
| 2026to date | −7.96% | −10.83% |
| 2025 | +14.05% | +4.63% |
| 2024 | +22.78% | +22.71% |
| 2023 | +37.72% | +27.61% |
| 2022 | +21.09% | +7.10% |
| 2021 | +51.33% | +25.53% |
ICICI Prudential India Opportunities vs Quantum Value: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of ICICI Prudential India Opportunities Fund
Rolling returns
Every 3-year holding period, 1,178 of them, one for each trading day from 17-01-2022 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
ICICI Prudential India Opportunities Fund (Direct)
Quantum Value Fund (Direct)
Nifty 500 TRI
to
Jun 2022Mar 2020
to
Mar 2023Jan 2021
to
Jan 2024Nov 2021
to
Nov 2024Sept 2022
to
Sept 2025Jun 2023
to
Jun 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential India Opportunities | 0.0 | 0.0 | 0.0 | 3.0 | 10.4 | 28.9 | 57.8 | 27.3% | 26.1% | 12.3% | 45.9% | 100% |
| Quantum Value | 0.0 | 0.0 | 6.5 | 20.5 | 51.4 | 17.6 | 4.0 | 17.3% | 17.6% | 7.2% | 31.1% | 35% |
| Nifty 500 TRI | 0.0 | 0.0 | 1.6 | 19.8 | 53.7 | 18.4 | 6.5 | 17.9% | 17.5% | 8.8% | 33.5% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 16-01-2019. Past returns do not promise future returns.
ICICI Prudential India Opportunities vs Quantum Value: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 16-01-2019 to 30-10-2026: 94 instalments, ₹9,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential India OpportunitiesICICI Prudential India Opportunities Fund (Direct) | ₹9,40,000 | ₹20,24,090 | ₹10,84,090 | 19.1% |
| Quantum ValueQuantum Value Fund (Direct) | ₹9,40,000 | ₹14,53,247 | ₹5,13,247 | 10.9% |
ICICI Prudential India OpportunitiesICICI Prudential India Opportunities Fund (Direct)
Quantum ValueQuantum Value Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
ICICI Prudential India Opportunities vs Quantum Value: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential India Opportunities Fund (Direct) | Quantum Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.35% | −10.00% |
| Standard deviation | 12.83% | 13.02% |
| Sharpe ratio | -0.90 | -1.17 |
| Sortino ratio | -1.21 | -1.54 |
| Maximum drawdown | −12.6% (30-03-2026) | −15.8% (30-03-2026) |
| Beta | 0.86 | 0.86 |
| Alpha | −0.73% | −4.15% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential India Opportunities Fund (Direct) | Quantum Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.39% | +9.52% |
| Standard deviation | 11.76% | 12.25% |
| Sharpe ratio | 0.63 | 0.29 |
| Sortino ratio | 0.88 | 0.40 |
| Maximum drawdown | −13.7% (04-03-2025) | −15.9% (30-03-2026) |
| Beta | 0.79 | 0.82 |
| Alpha | +4.05% | +0.32% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential India Opportunities Fund (Direct) | Quantum Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.93% | +8.72% |
| Standard deviation | 12.24% | 12.83% |
| Sharpe ratio | 0.83 | 0.23 |
| Sortino ratio | 1.15 | 0.31 |
| Maximum drawdown | −13.7% (04-03-2025) | −15.9% (30-03-2026) |
| Beta | 0.79 | 0.86 |
| Alpha | +7.73% | +0.47% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential India Opportunities Fund (Direct) | Quantum Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +18.57% | +10.67% |
| Standard deviation | 16.87% | 14.51% |
| Sharpe ratio | 0.79 | 0.30 |
| Sortino ratio | 1.08 | 0.41 |
| Maximum drawdown | −40.1% (23-03-2020) | −40.0% (23-03-2020) |
| Beta | 0.90 | 0.86 |
| Alpha | +6.36% | +0.26% |
From daily NAVs, 16-01-2019 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
ICICI Prudential India Opportunities Fund (Direct)
Quantum Value Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential India Opportunities Fund (Direct) | −40.1% | 15-04-2019 | 23-03-2020 | 03-12-2020 | 8 months | −9.1% |
| Quantum Value Fund (Direct) | −40.0% | 03-06-2019 | 23-03-2020 | 24-11-2020 | 8 months | −12.0% |
| Nifty 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −8.8% |
From daily values since 16-01-2019, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential India Opportunities Fund (Direct)
Quantum Value Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential India Opportunities Fund (Direct)
Quantum Value Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential India Opportunities Fund (Direct)
Quantum Value Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential India Opportunities Fund (Direct) | 107% | 82% | 7.88% |
| Quantum Value Fund (Direct) | 85% | 86% | 4.66% |
From month-end values since 16-01-2019. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
ICICI Prudential India Opportunities vs Quantum Value: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential India Opportunities Fund, September 2026; Quantum Value Fund, September 2026
Holdings in common
- Overlap
- 36.6%
- Held by both
- 18
- Only in ICICI Prudential India Opportunities
- 54
- Only in Quantum Value
- 16
| Security | % of ICICI Prudential India Opportunities | % of Quantum Value |
|---|---|---|
| HDFC Bank Ltd. | 9.00% | 5.81% |
| ICICI Bank Ltd. | 5.61% | 4.85% |
| Infosys Ltd. | 4.51% | 4.12% |
| Axis Bank Ltd. | 5.12% | 3.49% |
| Bharti Airtel Ltd. | 2.98% | 3.10% |
| Dr. Reddy's Laboratories Ltd. | 2.65% | 2.89% |
| ICICI Lombard General Insurance Company Ltd. | 2.60% | 2.94% |
| HDFC Life Insurance Company Ltd. | 2.47% | 3.29% |
| Kotak Mahindra Bank Ltd. | 1.87% | 4.53% |
| Mahindra & Mahindra Ltd. | 2.35% | 1.30% |
| SBI Cards & Payment Services Ltd. | 1.21% | 1.94% |
| Tata Consultancy Services Ltd. | 0.90% | 4.40% |
| ICICI Prudential Life Insurance Company Ltd. | 0.73% | 3.10% |
| Cipla Ltd. | 0.63% | 2.85% |
| IndusInd Bank Ltd. | 0.48% | 1.95% |
| LIC Housing Finance Ltd. | 0.36% | 2.75% |
| State Bank Of India | 0.12% | 2.54% |
| GSPL India Transco Ltd | 0.07% | 0.23% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 36.6% means 36.6% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in ICICI Prudential India Opportunities Fund
| Security | % of fund |
|---|---|
| Life Insurance Corporation of India | 4.22% |
| Reliance Industries Ltd. | 3.45% |
| SBI Life Insurance Company Ltd. | 3.02% |
| Info Edge (India) Ltd. | 2.69% |
| Larsen & Toubro Ltd. | 2.55% |
Largest holdings only in Quantum Value Fund
| Security | % of fund |
|---|---|
| Exide Industries Ltd | 3.76% |
| Tech Mahindra Ltd | 3.53% |
| Hero MotoCorp Ltd | 3.26% |
| Nuvoco Vistas Corporation Ltd | 3.16% |
| Container Corporation of India Ltd | 3.11% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential India Opportunities | Quantum Value |
|---|---|---|
| Equity | 95.9% | 95.7% |
| Debt | 0.9% | 0.0% |
| Cash and others | 3.2% | 4.3% |
Market cap of stocks
| Market cap | ICICI Prudential India Opportunities | Quantum Value |
|---|---|---|
| Large Cap | 69.0% | 51.3% |
| Mid Cap | 17.1% | 23.4% |
| Small Cap | 9.8% | 20.8% |
| Not on AMFI's list | 0.1% | 0.2% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | ICICI Prudential India Opportunities | Quantum Value |
|---|---|---|
| Banks | 22.2% | 23.2% |
| IT - Software | 0.0% | 14.5% |
| Insurance | 13.0% | 12.4% |
| Retailing | 7.0% | 0.0% |
| It - Software | 6.7% | 0.0% |
| Automobiles | 3.6% | 6.2% |
| Pharmaceuticals & Biotechnology | 6.2% | 5.7% |
| Finance | 1.8% | 4.7% |
| Petroleum Products | 4.5% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential India Opportunities vs Quantum Value: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential India Opportunities Fund | Quantum Value Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.92% | 1.14% |
| Base expense ratio (Direct) | 0.62% | 0.92% |
| Total expense ratio (Regular) | 1.72% | 2.17% |
| Base expense ratio (Regular) | 1.31% | 1.79% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
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ICICI Prudential India Opportunities Fund vs Quantum Value Fund: Frequently Asked Questions
What is the difference between ICICI Prudential India Opportunities Fund and Quantum Value Fund?
ICICI Prudential India Opportunities Fund is a Thematic fund, Quantum Value Fund is a Value and Contra fund, run by ICICI Prudential Mutual Fund and Quantum Mutual Fund. Their portfolios overlap 36.6%. ICICI Prudential India Opportunities Fund charges 0.92% a year and Quantum Value Fund 1.14%.
Which has given higher returns, ICICI Prudential India Opportunities Fund or Quantum Value Fund?
Over 1 year: ICICI Prudential India Opportunities Fund −6.35%, Quantum Value Fund −10.00%. Over 3 years: ICICI Prudential India Opportunities Fund +13.39% a year, Quantum Value Fund +9.52% a year. Over 5 years: ICICI Prudential India Opportunities Fund +15.93% a year, Quantum Value Fund +8.72% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential India Opportunities Fund or Quantum Value Fund?
ICICI Prudential India Opportunities Fund charges less: 0.92% a year against 1.14%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential India Opportunities Fund and Quantum Value Fund overlap?
36.6%. They hold 18 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, INFY. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential India Opportunities Fund or Quantum Value Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹8,45,626 in ICICI Prudential India Opportunities Fund (XIRR 12.8% a year) and ₹7,25,862 in Quantum Value Fund (XIRR 6.8% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential India Opportunities Fund and Quantum Value Fund?
Yes. 36.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ICICI Prudential India Opportunities Fund and Quantum Value Fund?
ICICI Prudential India Opportunities Fund: Sankaran Naren, Roshan Chutkey, Divya Jain. Quantum Value Fund: George Thomas, Christy Mathia.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.