ReviewDirect · GrowthPrefer peers first
ICICI Prudential Rural Opportunities Fund
ICICI Prudential Mutual FundEquity Scheme - Sectoral/ Thematic1.8 years
The scheme seeks to generate long-term capital appreciation by investing in Equity & Equity related instruments of companies following Rural and/or allied theme.
- NAV
- 10.41
- 29 Oct 2026
- 1Y
- -12.1%
- Trailing CAGR
- AUM
- ₹1,895.51 Cr
- 30 Sept 2026
- Volatility
- Medium
- 12.5% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Watch if · Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Prefer peers if · Prefer Aditya Birla Sun Life Transportation and Logistics Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Fail
1.8 years - thin for judging consistency.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
1.25% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -14.4%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
Manager tenure
Watch
Priyanka Khandelwal · 1.8 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 56.0% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 14%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-12.1%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+2.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-12.4%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +2.2%
- Calendar-day CAGR
- Excess 1Y
- -9.5%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -14.4%
- Worst peak-to-trough
- Current
- -12.5%
- Below last peak
- Current spell
- 296 days
- Days below latest peak
- Time below peak
- +88%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 7 days
- 20 recovered episodes
- Longest recovery
- 24 days
- Trough to prior peak
6 Jan 2026 – open
Trough 30 Mar 2026 · not recovered
-14.4%
4 Feb 2025 – 24 Mar 2025
Trough 28 Feb 2025 · recovered in 24 days
-6.9%
3 Apr 2025 – 11 Apr 2025
Trough 7 Apr 2025 · recovered in 4 days
-2.8%
23 Apr 2025 – 12 May 2025
Trough 9 May 2025 · recovered in 3 days
-2.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
0
Consistency
24
Risk-adjusted
13
Drawdown
64
Mean
20
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
- Risk-adjusted return (Sharpe) is negative over the available daily history.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 49 holdings · top 10 are 56.0%.
- Top 5
- 35.9%
- Top 10
- 56.0%
- Largest holding
- 7.8%
- Effective holdings
- 23.9
HDFC Bank Ltd
Financial
7.8%
Hindustan Unilever Ltd
Consumer Staples
7.5%
Life Insurance Corporation of India
Financial
7.3%
Bharti Airtel Ltd
Technology
7.0%
Mahindra & Mahindra Ltd
Consumer Discretionary
6.3%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life Transportation and Logistics Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +8.5%
- 3Y
- n/a
- Vol
- 18.1%
- Max DD
- -28.2%
- Sharpe
- 0.78
- 3Y win
- n/a
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Franklin India Technology Fund
Franklin Templeton Mutual Fund
- 1Y
- -9.1%
- 3Y
- +11.5%
- Vol
- 16.7%
- Max DD
- -30.7%
- Sharpe
- 0.69
- 3Y win
- +59%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
ICICI Prudential Commodities Fund
ICICI Prudential Mutual Fund
- 1Y
- -2.4%
- 3Y
- +14.9%
- Vol
- 23.0%
- Max DD
- -41.2%
- Sharpe
- 0.84
- 3Y win
- +90%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND
ICICI Prudential Mutual Fund
- 1Y
- -9.1%
- 3Y
- +10.7%
- Vol
- 12.6%
- Max DD
- -16.7%
- Sharpe
- 0.55
- 3Y win
- +65%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Kotak Business Cycle Fund
Kotak Mahindra Mutual Fund
- 1Y
- +0.3%
- 3Y
- +16.1%
- Vol
- 12.7%
- Max DD
- -18.4%
- Sharpe
- 0.72
- 3Y win
- +98%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown