| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.86% |
| NAV | ₹9.52 (31 Jul 2020) |
|---|---|
| Fund Started | 22 Mar 2018 |
| Fund Size | ₹35 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.9% |
| Avenue Supermarts Ltd. | Services | Equity | 6.9% |
| Trent Ltd. | Services | Equity | 6.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 5.8% |
| Motherson Sumi Systems Ltd. | Automobile | Equity | 4.8% |
| Shree Cement Ltd. | Construction | Equity | 4.6% |
| Titan Company Ltd. | Cons Durable | Equity | 4.5% |
| United Breweries Ltd. | FMCG | Equity | 4.2% |
| TVS Motor Co. Ltd. | Automobile | Equity | 3.9% |
| ICICI Bank Ltd. | Financial | Equity | 3.8% |
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 ₹35 Cr and the Latest NAV as of 31 Jul 2020 is ₹9.52.
The ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500.
The scheme seeks to generate long term capital appreciation from a portfolio that is Invested predominantly in equity and equity related securitiesThe Scheme is a ten year close ended equity linked savings scheme that seeks to generate long-term capital appreciation to unit-holders from a portfolio that is invested predominantly in equity and equity related securities of large capitalization companies and emerging mid cap companies along with income tax benefit.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.