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ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock Inlock
54.31%
1Y return
-0.07% 1D
1M
6M
1Y
3Y
All
NAV: 30 Jul 2021₹14.69
Min. SIP AmountNA
Rating2star
Fund Size₹45.51 Cr

Holdings (24)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity9.2%
Avenue Supermarts Ltd.ServicesEquity7.6%
ICICI Bank Ltd.FinancialEquity6.3%
TVS Motor Company Ltd.
AutomobileEquity6.2%
Motherson Sumi Systems Ltd.AutomobileEquity5.6%
Eicher Motors Ltd.AutomobileEquity5.3%
KNR Constructions Ltd.
ConstructionEquity5.2%
Reliance Industries Ltd - Partly Paid Equity
EnergyPPE4.9%
United Breweries Ltd.FMCGEquity4.5%
State Bank of India
FinancialEquity4.0%
See All

Pros and cons

Category: Equity ELSS

Pros

  • Exit load is zero

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
  • Age is less than 3 years
  • 1Y Returns are lower than the category average returns
  • 3Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 0.97%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

Understand termsinfo

Fund management

Sankaran Naren
Dec 2017 - Present
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Rajat Chandak
Dec 2017 - Present
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Priyanka Khandelwal
Mar 2018 - Present
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Fund house & investment objective

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Fund house contact details

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