ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹40 Cr
Expense Ratio
0.99%
ISIN
INF109KC1093
Minimum SIP
-
Exit Load
No Charges
Inception Date
23 Mar 2018
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹29.36, Assets Under Management (AUM) of 39.84 Crores, and an expense ratio of 0.99%.
- ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth has given a CAGR return of 16.04% since inception.
- The fund's asset allocation comprises around 95.99% in equities, 0.00% in debts, and 4.01% in cash & cash equivalents.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+5.65%
— (Cat Avg.)
3 Years
+24.46%
— (Cat Avg.)
5 Years
+26.32%
— (Cat Avg.)
Since Inception
+16.04%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹38.24 Cr | 95.99% |
| Others | ₹1.6 Cr | 4.01% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹3.83 Cr | 9.60% |
| TVS Motor Co Ltd | Equity | ₹3.76 Cr | 9.43% |
| HDFC Bank Ltd | Equity | ₹3.64 Cr | 9.14% |
| Maruti Suzuki India Ltd | Equity | ₹3.37 Cr | 8.46% |
| Ethos Ltd | Equity | ₹2.13 Cr | 5.33% |
| Avenue Supermarts Ltd | Equity | ₹2.06 Cr | 5.17% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹1.99 Cr | 5.00% |
| Bharti Airtel Ltd | Equity | ₹1.84 Cr | 4.62% |
| Redtape Ltd | Equity | ₹1.81 Cr | 4.54% |
| Treps | Cash - Repurchase Agreement | ₹1.61 Cr | 4.03% |
| Eternal Ltd | Equity | ₹1.55 Cr | 3.89% |
| Reliance Industries Ltd | Equity | ₹1.54 Cr | 3.87% |
| State Bank of India | Equity | ₹1.53 Cr | 3.84% |
| Infosys Ltd | Equity | ₹1.23 Cr | 3.09% |
| R R Kabel Ltd | Equity | ₹1.16 Cr | 2.91% |
| HCL Technologies Ltd | Equity | ₹1.07 Cr | 2.69% |
| Syngene International Ltd | Equity | ₹0.93 Cr | 2.34% |
| InterGlobe Aviation Ltd | Equity | ₹0.81 Cr | 2.04% |
| Axis Bank Ltd | Equity | ₹0.79 Cr | 1.99% |
| Britannia Industries Ltd | Equity | ₹0.74 Cr | 1.85% |
| Tata Consultancy Services Ltd | Equity | ₹0.71 Cr | 1.79% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹0.65 Cr | 1.63% |
| Motherson Sumi Wiring India Ltd | Equity | ₹0.62 Cr | 1.56% |
| Trent Ltd | Equity | ₹0.41 Cr | 1.04% |
| Thirumalai Chemicals Ltd | Equity | ₹0.06 Cr | 0.16% |
| Net Current Assets | Cash | ₹-0.01 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
77.51%
Mid Cap Stocks
3.97%
Small Cap Stocks
14.51%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹13.65 Cr | 34.25% |
| Financial Services | ₹10.44 Cr | 26.20% |
| Technology | ₹3.02 Cr | 7.57% |
| Healthcare | ₹2.93 Cr | 7.34% |
| Consumer Defensive | ₹2.8 Cr | 7.02% |
| Industrials | ₹1.97 Cr | 4.95% |
| Communication Services | ₹1.84 Cr | 4.62% |
| Energy | ₹1.54 Cr | 3.87% |
| Basic Materials | ₹0.06 Cr | 0.16% |
Risk & Performance Ratios
Standard Deviation
This fund
13.24%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.06
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Rajat Chandak
Since March 2018
Additional Scheme Detailsas of 31st May 2025
ISIN | INF109KC1093 | Expense Ratio | 0.99% | Exit Load | No Charges | Fund Size | ₹40 Cr | Age | 7 years 2 months | Lumpsum Minimum | ₹500 | Fund Status | Unlisted Closed End Investment Company | Benchmark | Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bajaj Finserv ELSS Tax Saver Fund Regular Growth Low Risk | 2.3% | 0.0% | ₹55.57 Cr | - |
| Bajaj Finserv ELSS Tax Saver Fund Direct Growth Low Risk | 0.5% | 0.0% | ₹55.57 Cr | - |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹202.42 Cr | 3.9% |
| Sundaram Long Term Tax Advantage Fund Series I Regular Growth High Risk | 1.4% | 0.0% | ₹19.18 Cr | 8.0% |
| Bank of India Midcap Tax Fund Series 1 Direct Growth Very High Risk | - | 0.0% | ₹58.23 Cr | -2.2% |
| SBI Long Term Advantage Fund Series II Regular Growth Very High Risk | - | 0.0% | ₹34.17 Cr | 6.4% |
| SBI Long Term Advantage Fund Series II Direct Growth Very High Risk | - | 0.0% | ₹34.17 Cr | 6.8% |
| Bank of India Midcap Tax Fund Series 1 Regular Growth Very High Risk | - | 0.0% | ₹58.23 Cr | -2.4% |
| Sundaram Long Term Tax Advantage Fund Series I Direct Growth High Risk | 1.4% | 0.0% | ₹19.18 Cr | 8.1% |
| Sundaram Long Term Micro Cap Tax Advantage Fund Series V Regular Growth Very High Risk | 1.4% | 0.0% | ₹30.17 Cr | 1.5% |
About the AMC
Total AUM
₹9,45,300 Cr
Address
3rd Floor, Hallmark Business Plaza, Mumbai, 400 051
Other Funds by ICICI Prudential Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Who manages the ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth?
- Rajat Chandak
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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