Home>Mutual Funds>ICICI Prudential Mutual Fund>ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth
6M
1Y
3Y
All
Fund Details
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.97% |
| NAV | ₹13.06 (16 Apr 2021) |
|---|---|
| Fund Started | 22 Mar 2018 |
| Fund Size | ₹48 Cr |
Returns
1Y
3Y*
5Y*
Since inception*
Fund Returns
59.1%
7.1%
-
12.1%
Category Average
-
-
-
-
Rank Within Category
22
10
-
-
*All returns are annualized.
SIP
Minimum SIP amount₹500
Amount Per Month₹5,000
Duration
1Y back
3Y back
Would have become
₹0
with 59.1% returns per annum
Comparison
Data not available
Pros
1. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years
3. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.7% |
| Avenue Supermarts Ltd. | Services | Equity | 6.2% |
| Motherson Sumi Systems Ltd. | Automobile | Equity | 5.7% |
| TVS Motor Co. Ltd. | Automobile | Equity | 5.6% |
| ICICI Bank Ltd. | Financial | Equity | 5.5% |
| Eicher Motors Ltd. | Automobile | Equity | 4.9% |
| KNR Constructions Ltd. | Construction | Equity | 4.4% |
| Shree Cement Ltd. | Construction | Equity | 4.3% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 4.1% |
| United Breweries Ltd. | FMCG | Equity | 3.6% |
See All
Fund Managers
Sankaran 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
Rajat Chandak
Education
Mr. Chandak is a B.Com (H) and MBA.
Experience
He has been associated with ICICI Prudential AMC since 2008.
Funds Managed
Priyanka 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
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth Details
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 22 Mar 2018. S Naren, Rajat Chandak is the Current Fund Manager of ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹48 Cr and the Latest NAV as of 16 Apr 2021 is ₹13.06.
The ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500.
Investment Objective
The Scheme seek to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme.
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)
Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Nil
Exit Load
Compare Funds
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth
VS
search
About ICICI Prudential Mutual Fund
Address
One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
Phone
022-26525000
Launch Date
13 Oct 1993
E-mail
enquiry@icicipruamc.comWebsite
NAICICI Prudential Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
enq_h@camsonline.comWebsite
www.camsonline.comSimilar Funds
MOST POPULAR ON GROWW
STOCK MARKET INDICES: S&P BSE SENSEX | S&P BSE 100 | NIFTY 100 | NIFTY 50 | NIFTY MIDCAP 100 | NIFTY BANK | NIFTY NEXT 50
POPULAR MUTUAL FUNDS: Axis Bluechip Fund | Motilal Oswal S&P 500 Index Fund | Parag Parikh Long Term Equity Fund | SBI Small Cap Fund | HDFC Balanced Advantage Fund | Axis Long Term Equity Fund | UTI Nifty Index Fund | Axis Midcap Fund | SBI Bluechip Fund | Mirae Asset Emerging Bluechip Fund
MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL | HDFC | NIPPON INDIA | ADITYA BIRLA SUN LIFE | SBI | UTI | FRANKLIN TEMPLETON | KOTAK MAHINDRA | IDFC | DSP | AXIS | TATA | L&T | SUNDARAM | PGIM | INVESCO | LIC | JM FINANCIAL | BARODA PIONEER | CANARA ROBECO | HSBC | IDBI | INDIABULLS | MOTILAL OSWAL | BNP PARIBAS | MIRAE ASSET | PRINCIPAL | BOI AXA | UNION KBC | TAURUS | EDELWEISS | ESSEL | MAHINDRA | QUANTUM | PPFAS | IIFL | Quant | SHRIRAM | SAHARA | ITI