ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth+1.15%

3Groww
-8.37%
1 Year Return
Equity
ELSS
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.24%
NAV370.4 (23 Aug 2019)
Fund Started01 Jan 2013
Fund Size6,087 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth
-8.4%
6.6%
8.5%
13.5%
Category Average
-12.5%
6.8%
11.9%
-
Rank within category
12
19
20
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -8.4% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. 1Y Returns are higher than the benchmark
    3. 3Y Returns are higher than the benchmark
    4. Exit load is zero
    Cons
    1. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    National Thermal Power Corp. Ltd.EnergyEquity6.2%
    Bharti Airtel Ltd.CommunicationEquity5.8%
    ITC Ltd.FMCGEquity5.4%
    ICICI Bank Ltd.FinancialEquity4.5%
    Hindalco Industries Ltd.MetalsEquity4.4%
    State Bank of IndiaFinancialEquity3.8%
    Oil & Natural Gas Corpn. Ltd.EnergyEquity3.6%
    Larsen & Toubro Ltd.ConstructionEquity3.5%
    SBI Life Insurance Company Ltd.FinancialEquity3.4%
    Infosys Ltd.TechnologyEquity2.6%
    See All

    Fund Managers

    addSankaran Naren
    Education
    Mr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata.
    Experience
    Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.
    Funds Managed
    addPriyanka Khandelwal
    Education
    Ms. Khandelwal is Chartered Accountant and Company Secretary
    Experience
    She has been Working with ICICI Prudential Mutual Fund Since October 2014.
    Funds Managed

    Other Details

    ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. George Heber Joseph is the Current Fund Manager of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹6,087 Cr and the Latest NAV as of 23 Aug 2019 is ₹370.4.

    The ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    The scheme seeks to generate long term capital appreciation from a portfolio that is Invested predominantly in equity and equity related securities

    Tax Implications

    Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About ICICI Prudential Mutual Fund

    Address
    One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
    Phone
    022-26525000
    Launch Date
    12 Oct 1993
    ICICI Prudential Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
    Enter investment amount
    + ₹1,000
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    + ₹10,000
    ONE TIME
    MONTHLY SIP
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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