Dezerv

Fund Overview

Fund Size

Fund Size

₹40 Cr

Expense Ratio

Expense Ratio

1.00%

ISIN

ISIN

INF109KC1093

Minimum SIP

Minimum SIP

-

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

23 Mar 2018

About this fund

ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by ICICI Prudential Mutual Fund. This fund has been in existence for 6 years, 1 months and 29 days, having been launched on 23-Mar-18.
As of 21-May-24, it has a Net Asset Value (NAV) of ₹26.29, Assets Under Management (AUM) of 39.90 Crores, and an expense ratio of 1%.
  • ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth has given a CAGR return of 16.98% since inception.
  • The fund's asset allocation comprises around 97.71% in equities, 0.00% in debts, and 2.29% 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

+41.88%

(Cat Avg.)

3 Years

+23.31%

(Cat Avg.)

5 Years

+18.99%

(Cat Avg.)

Since Inception

+16.98%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity38.98 Cr97.71%
Others0.92 Cr2.29%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
ICICI Bank LtdEquity3.95 Cr9.91%
TVS Motor Co LtdEquity3.92 Cr9.82%
Maruti Suzuki India LtdEquity3.54 Cr8.87%
Avenue Supermarts LtdEquity2.86 Cr7.16%
HDFC Bank LtdEquity2.85 Cr7.13%
Redtape LtdEquity2.46 Cr6.18%
Trent LtdEquity2.24 Cr5.62%
Sun Pharmaceuticals Industries LtdEquity2.2 Cr5.51%
Bharti Airtel LtdEquity2.17 Cr5.43%
Ethos LtdEquity1.79 Cr4.49%
Reliance Industries LtdEquity1.59 Cr3.99%
State Bank of IndiaEquity1.56 Cr3.90%
Zomato LtdEquity1.26 Cr3.15%
TrepsCash - Repurchase Agreement1.08 Cr2.71%
Syngene International LtdEquity0.99 Cr2.49%
HCL Technologies LtdEquity0.89 Cr2.24%
Tata Consultancy Services LtdEquity0.79 Cr1.97%
Axis Bank LtdEquity0.77 Cr1.94%
Motherson Sumi Wiring India LtdEquity0.74 Cr1.86%
Infosys LtdEquity0.71 Cr1.78%
Britannia Industries LtdEquity0.64 Cr1.60%
R R Kabel LtdEquity0.55 Cr1.38%
360 One Wam Ltd Ordinary SharesEquity0.51 Cr1.28%
Net Current AssetsCash-0.17 Cr0.42%

Allocation By Market Cap (Equity)

Large Cap Stocks

80.02%

Mid Cap Stocks

11.91%

Small Cap Stocks

5.77%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Consumer Cyclical15.95 Cr39.98%
Financial Services9.64 Cr24.17%
Consumer Defensive3.49 Cr8.76%
Healthcare3.19 Cr8.00%
Technology2.39 Cr5.99%
Communication Services2.17 Cr5.43%
Energy1.59 Cr3.99%
Industrials0.55 Cr1.38%

Risk & Performance Ratios

Standard Deviation

This fund

11.70%

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

1.56

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Rajat Chandak

Rajat Chandak

Since March 2018

Additional Scheme Detailsas of 30th April 2024

ISININF109KC1093Expense Ratio1.00%Exit LoadNo ChargesFund Size₹40 CrAge23 Mar 2018Lumpsum Minimum₹500Fund StatusUnlisted Closed End Investment CompanyBenchmarkNifty 500 TR INR

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Tata India Tax Savings Fund Direct Growth

Very High Risk

0.7%0.0%₹4196.77 Cr34.2%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4196.77 Cr32.7%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹35641.94 Cr30.9%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹3360.61 Cr34.3%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.7%0.0%₹3360.61 Cr32.8%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹49.62 Cr44.2%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹49.62 Cr41.8%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹325.14 Cr57.9%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹325.14 Cr55.1%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1602.76 Cr26.7%

About the AMC

Total AUM

₹7,40,943 Cr

Address

3rd Floor, Hallmark Business Plaza, Mumbai, 400 051

Other Funds by ICICI Prudential Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹48.26 Cr-
ICICI Prudential Fixed Maturity Plan Series 88 182 Days Plan J Direct Growth

Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 125 Days Plan H Direct Growth

Low to Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 93 Days Plan P Direct Growth

Low to Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 1199 Days Plan Q Direct Growth

Low to Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 1858 Days Plan D Direct Growth

Moderate Risk

-0.0%--
ICICI Prudential Fixed Maturity Plan Series 88 1226 Days Plan F Direct Growth

Low to Moderate Risk

---6.8%
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

Very High Risk

1.0%0.0%₹39.90 Cr41.9%
ICICI Prudential Fixed Maturity Plan Series 88 1828 Days Plan A Direct Growth

Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 1833 Days Plan C Direct Growth

Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 1192 Days Plan R Direct Growth

Low to Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 95 Days Plan B Direct Growth

Moderately High risk

----
ICICI Prudential Fixed Maturity Plan Series 88 1303 Days Plan S Direct Growth

Low to Moderate Risk

-0.0%-7.0%
ICICI Prudential Fixed Maturity Plan Series 88 226 Days Plan E Direct Growth

Moderate Risk

-0.0%--
ICICI Prudential Thematic Advantage Fund (FOF) Direct Growth

Very High Risk

1.2%1.0%₹1558.70 Cr33.5%
ICICI Prudential Floating Interest Fund Direct Growth

Moderate Risk

0.6%0.0%₹9866.99 Cr8.7%
ICICI Prudential Gilt Fund Direct Growth

Moderate Risk

0.6%0.0%₹6325.16 Cr8.2%
ICICI Prudential All Seasons Bond Fund Direct Growth

Moderately High risk

0.5%0.0%₹12458.02 Cr8.0%
ICICI Prudential Long Term Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹816.26 Cr7.0%
ICICI Prudential Liquid Fund Direct Growth

Moderate Risk

0.2%0.0%₹43472.95 Cr7.3%
ICICI Prudential Innovation Fund Direct Growth

Very High Risk

0.6%1.0%₹4718.29 Cr63.0%
ICICI Prudential Global Stable Equity Fund (FOF) Direct Growth

Very High Risk

1.4%1.0%₹117.21 Cr9.6%
ICICI Prudential Bond Fund Direct Growth

Moderate Risk

0.6%0.0%₹2928.20 Cr7.4%
ICICI Prudential Smallcap Fund Direct Growth

Very High Risk

0.6%1.0%₹7658.95 Cr46.4%
ICICI Prudential Midcap Fund Direct Growth

Very High Risk

0.9%1.0%₹5814.03 Cr63.1%
ICICI Prudential Infrastructure Fund Direct Growth

Very High Risk

1.0%1.0%₹5004.78 Cr70.4%
ICICI Prudential Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹8775.12 Cr24.8%
ICICI Prudential Regular Savings Fund Direct Growth

High Risk

0.9%1.0%₹3402.04 Cr15.4%
ICICI Prudential Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹21861.14 Cr7.6%
ICICI Prudential Nifty Next 50 Index Direct Growth

Very High Risk

0.3%0.0%₹4909.40 Cr68.7%
ICICI Prudential Regular Gold Savings (FOF) Direct Growth

High Risk

0.6%1.0%₹939.59 Cr21.9%
ICICI Prudential Credit Risk Fund Direct Growth

High Risk

0.8%1.0%₹7075.33 Cr8.3%
ICICI Prudential Large & Mid Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹13117.39 Cr48.3%
ICICI Pru Multicap Fund Direct Growth

Very High Risk

0.9%1.0%₹11881.69 Cr48.6%
ICICI Prudential Short Term Fund Direct Growth

Moderate Risk

0.5%0.0%₹18091.83 Cr7.9%
ICICI Prudential US Bluechip Equity Fund Direct Growth

Very High Risk

1.1%1.0%₹3055.82 Cr23.2%
ICICI Prudential Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹27350.22 Cr7.8%
ICICI Prudential Exports and Services Fund Direct Growth

Very High Risk

1.6%1.0%₹1318.17 Cr44.0%
ICICI Prudential Long Term Equity Fund ( Tax Saving) Direct Growth

Very High Risk

1.1%0.0%₹13415.48 Cr34.5%
ICICI Prudential Technology Direct Growth

Very High Risk

0.9%1.0%₹11790.33 Cr32.0%
ICICI Prudential Income Optimizer Fund (FOF) Direct Growth

Moderately High risk

1.3%1.0%₹270.31 Cr16.0%
ICICI Prudential Flexicap Fund Direct Growth

Very High Risk

0.7%1.0%₹14880.68 Cr41.8%
ICICI Prudential Equity Savings Fund Direct Growth

Moderate Risk

0.5%0.0%₹10118.19 Cr11.1%
ICICI Prudential Retirement Fund Hybrid Aggressive Plan Direct Growth

Very High Risk

0.8%0.0%₹429.46 Cr52.0%
ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth

Very High Risk

0.7%0.0%₹729.80 Cr62.0%
ICICI Prudential Retirement Fund Hybrid Conservative Plan Direct Growth

Moderately High risk

1.0%0.0%₹57.04 Cr19.8%
ICICI Prudential Retirement Fund Pure Debt Plan Direct Growth

Moderate Risk

1.0%0.0%₹125.81 Cr7.4%
ICICI Prudential India Opportunities Fund Direct Growth

Very High Risk

0.6%1.0%₹19072.35 Cr50.5%
ICICI Prudential Passive Multi-Asset Fund of Funds Direct Growth

High Risk

0.5%1.0%₹1069.70 Cr19.4%
ICICI Prudential Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹9056.41 Cr7.7%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth, as of 21-May-2024, is ₹26.29.
The fund has generated 41.88% over the last 1 year and 23.31% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 97.71% in equities, 0.00% in bonds, and 2.29% in cash and cash equivalents.
The fund managers responsible for ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth are:-
  1. Rajat Chandak