ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth-0.46%

3Groww
10.72%
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 Ratio1.25%
NAV407.31 (06 Dec 2019)
Fund Started01 Jan 2013
Fund Size6,525 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth
10.7%
11.7%
8.7%
14.7%
Category Average
-6.3%
6.2%
9.9%
-
Rank within category
22
22
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
    0
    with 10.7% annual returns

    Comparison

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

    Top Holdings

    NameSectorInstrument% Assets
    National Thermal Power Corp. Ltd.EnergyEquity6.6%
    ICICI Bank Ltd.FinancialEquity6.0%
    Bharti Airtel Ltd.CommunicationEquity5.7%
    Infosys Ltd.TechnologyEquity5.2%
    ITC Ltd.FMCGEquity4.8%
    Oil & Natural Gas Corpn. Ltd.EnergyEquity4.3%
    Hindalco Industries Ltd.MetalsEquity4.2%
    SBI Life Insurance Company Ltd.FinancialEquity3.9%
    State Bank of IndiaFinancialEquity3.3%
    Larsen & Toubro Ltd.ConstructionEquity2.9%
    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 ₹6,525 Cr and the Latest NAV as of 06 Dec 2019 is ₹407.31.

    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
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