ICICI Prudential ELSS Tax Saver Direct Plan Growth

Equity
ELSS
Very High Risk
3Y Lock In
19.14%
3Y annualised
-0.32% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 16 Apr 2024₹874.99
Min. SIP amount₹500
Rating3
Fund size₹13,084.46Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns35.1%19.1%16.4%16.3%
Category average37.3%19.6%17.0%NA
Rank with in category242221NA
Understand terms

Holdings (68)

NameSectorInstrumentAssets
FinancialEquity8.10%
CommunicationEquity5.94%
AutomobileEquity5.43%
FinancialEquity5.38%
ServicesEquity5.33%
EnergyEquity4.68%
FinancialEquity4.41%
TechnologyEquity4.01%
ConstructionEquity3.47%
HealthcareEquity3.40%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lower expense ratio: 1%
Lock-in period: 3Y
10Y annualised returns higher than category average by 0.06%
Higher alpha: 1.21 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 1.00%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Sharmila D’mello
Jul 2022 - Present
View details

Education
Ms. D'mello is CA and BAF
Experience
She joined ICICI Prudential AMC Limited in September 2016.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
NA
Launch Date
12 Oct 1993
E-mail
NA
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,

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