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

Equity
ELSS
Very High Risk
3Y Lock In
18.12%
3Y annualised
+1.67% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 30 Sep 2022₹640.91
Min. SIP amount₹500
Rating3
Fund size₹9,900.16Cr

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 returns-0.8%18.1%13.6%15.3%
Category average-1.0%16.5%11.2%NA
Rank with in category221510NA
Understand terms

Holdings (47)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity9.2%
Infosys Ltd.TechnologyEquity5.7%
Axis Bank Ltd.FinancialEquity5.1%
Bharti Airtel Ltd.CommunicationEquity4.7%
HDFC Bank Ltd.FinancialEquity4.3%
SBI Cards & Payments Services Ltd.FinancialEquity4.2%
HCL Technologies Ltd.TechnologyEquity4.1%
Reliance Industries Ltd.EnergyEquity3.9%
Avenue Supermarts Ltd.ServicesEquity3.3%
State Bank of IndiaFinancialEquity2.8%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
Lock-in period: 3Y
Lower expense ratio: 1.19%
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y

Expense ratio, exit load and tax

Expense ratio: 1.19%

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

Priyanka Khandelwal
Jun 2017 - Present
View details

Education
Ms. Khandelwal is Chartered Accountant and Company Secretary
Experience
She has been Working with ICICI Prudential Mutual Fund Since October 2014.
Also manages these schemes

Harish Bihani
Nov 2018 - Present
View details

Education
Mr. Bihani has done MBA in Finance
Experience
Prior to joining ICICI Prudential Mutual Fund, he has worked with SBI Mutual Fund, Kotak Instituitional Equities, CIMB Securities, RBS Equities India Pvt. Ltd., Indiabulls Securities Ltd. and Reliance Equities International Pvt. Ltd.
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
022-26525000 / 1800-222-999 / 1800-200-6666
Launch Date
12 Oct 1993
Website
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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