ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth

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ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth
Equity
ELSS
High Risk
3Y Lock In
+6.61%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 26 Sep 2019
₹39.09
Rating
NA
Min. SIP amount
Not Supported
Fund size
₹41.44Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Holdings (19)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity13.26%
ITC Ltd.
FMCGEquity8.74%
Motherson Sumi Systems Ltd.
AutomobileEquity6.38%
Housing Development Finance Corpn. Ltd.
FinancialEquity6.35%
City Union Bank Ltd.
FinancialEquity6.31%
ICICI Bank Ltd.
FinancialEquity5.13%
Axis Bank Ltd.
FinancialEquity5.11%
State Bank of India
FinancialEquity4.78%
Britannia Industries Ltd.
FMCGEquity4.34%
Tech Mahindra Ltd.
TechnologyEquity3.55%
TVS Motor Co. Ltd.
AutomobileEquity3.48%
Maruti Suzuki India Ltd.
AutomobileEquity3.37%
Tata Consultancy Services Ltd.
TechnologyEquity3.07%
Cipla Ltd.
HealthcareEquity2.76%
HCL Technologies Ltd.
TechnologyEquity2.43%
Larsen & Toubro Ltd.
ConstructionEquity1.89%
Lupin Ltd.
HealthcareEquity1.65%
Sun Pharmaceutical Inds. Ltd.
HealthcareEquity0.56%
Britannia Industries Ltd.
FMCGNCD0.08%
See All
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns-7.0%6.6%8.7%14.6%
Category average-3.8%17.7%26.5%NA
Rank with in category1853NA
Understand terms
Peer ComparisonEquity, ELSS fundsRating1Y3YFund Size(Cr)
SBI ELSS Tax Saver Fund Growth
5
-6.8%24.5%29,937.40
HDFC ELSS Tax Saver Fund Growth
5
-1.3%22.7%16,525.28
Franklin India ELSS Tax Saver Fund Growth
4
-7.1%19.1%6,537.22
Parag Parikh ELSS Tax Saver Fund Growth
5
-0.9%18.3%5,524.49
Nippon India ELSS Tax Saver Fund Growth
4
-6.9%18.3%14,934.46
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Aug 2019 - Present
1.41%
31 Jul 2019 - 31 Aug 2019
1.41%
30 Jun 2019 - 31 Jul 2019
1.41%
31 May 2019 - 30 Jun 2019
1.41%
30 Apr 2019 - 31 May 2019
1.41%
31 Mar 2019 - 30 Apr 2019
2.66%
28 Feb 2019 - 31 Mar 2019
2.86%
31 Jan 2019 - 28 Feb 2019
2.86%
31 Dec 2018 - 31 Jan 2019
2.86%
30 Nov 2018 - 31 Dec 2018
2.86%
31 Oct 2018 - 30 Nov 2018
2.86%
30 Sep 2018 - 31 Oct 2018
2.86%
31 Aug 2018 - 30 Sep 2018
2.86%
31 Jul 2018 - 31 Aug 2018
2.86%
30 Jun 2018 - 31 Jul 2018
2.86%
31 May 2018 - 30 Jun 2018
2.86%
30 Apr 2018 - 31 May 2018
2.50%
31 Mar 2018 - 30 Apr 2018
2.50%
28 Feb 2018 - 31 Mar 2018
2.50%
31 Jan 2018 - 28 Feb 2018
2.49%
31 Dec 2017 - 31 Jan 2018
2.49%
30 Nov 2017 - 31 Dec 2017
2.49%
31 Oct 2017 - 30 Nov 2017
2.49%
Expense ratio, exit load and taxExpense ratio: 1.41%Inclusive of GST
Exit loadEntry load of 2.25% for investment less than Rs.5 crores.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Understand terms
Check past data
Fund managementSankaran Naren
Jul 2017 - Present
View details
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.
Also manages these schemes
ICICI Prudential Thematic Advantage Fund (FOF) Growth
ICICI Prudential Asset Allocator Fund (FOF) Growth
ICICI Prudential Exports and Services Fund Growth
ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth
ICICI Prudential Business Cycle Fund Series 2 Growth
ICICI Prudential Business Cycle Fund Series 3 Growth
ICICI Prudential India Recovery Fund Series 4 Growth
ICICI Prudential Value Fund Series 9 Growth
ICICI Prudential Value Fund Series 11 Growth
ICICI Prudential Value Fund Series 14 Growth
ICICI Prudential Value Fund Series 15 Growth
ICICI Prudential Value Fund Series 16 Growth
ICICI Prudential Value Fund Series 17 Growth
ICICI Prudential Value Fund Series 18 Growth
ICICI Prudential Value Fund Series 19 Growth
ICICI Prudential Value Fund Series 20 Growth
ICICI Prudential Bharat Consumption Fund Series 4 Growth
ICICI Prudential Bharat Consumption Fund Series 5 Growth
ICICI Prudential Bharat Consumption Fund Growth
ICICI Prudential Energy Opportunities Fund Growth
ICICI Prudential Rural Opportunities Fund Growth
Rajat Chandak
Apr 2014 - Present
View details
Education
Mr. Chandak is a B.Com (H) and MBA.
Experience
He has been associated with ICICI Prudential AMC since 2008.
Also manages these schemes
ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth
ICICI Prudential Multiple Yield Fund Series 3 Plan C Growth
ICICI Prudential Multiple Yield Fund Series 3 Plan D Growth
ICICI Prudential Capital Protection Oriented Series IV Plan D Growth
ICICI Prudential Capital Protection Oriented Series IV Plan F Growth
ICICI Prudential Capital Protection Oriented Series IV Plan G Growth
ICICI Prudential Multiple Yield Fund Series 5 Plan C Growth
ICICI Prudential Capital Protection Oriented Series V Plan A Growth
ICICI Prudential Capital Protection Oriented Series V Plan C Growth
ICICI Prudential Multiple Yield Fund Series 6 Plan C Growth
ICICI Prudential India Recovery Fund Series 4 Growth
ICICI Prudential Value Fund Series 11 Growth
ICICI Prudential Long Term Wealth Enhancement Fund Growth
ICICI Prudential Bharat Consumption Fund Series 4 Growth
ICICI Prudential Capital Protection Oriented Fund Series XIV Plan A 1275 Days Growth
ICICI Prudential Flexicap Fund Growth
ICICI Prudential Transportation and Logistics Fund Growth
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
ICICI Prudential FMCG Fund Growth
ICICI Prudential Liquid Fund Retail Growth
ICICI Prudential Exports and Services Fund Growth
ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth
ICICI Prudential Value Fund Series 5 Growth
ICICI Prudential Business Cycle Fund Series 1 Growth
ICICI Prudential Business Cycle Fund Series 2 Growth
ICICI Prudential Business Cycle Fund Series 3 Growth
ICICI Prudential India Recovery Fund Series 4 Growth
ICICI Prudential India Recovery Fund Series 5 Growth
ICICI Prudential Value Fund Series 9 Growth
ICICI Prudential Value Fund Series 10 Growth
ICICI Prudential Value Fund Series 11 Growth
ICICI Prudential Value Fund Series 14 Growth
ICICI Prudential Value Fund Series 15 Growth
ICICI Prudential Value Fund Series 16 Growth
ICICI Prudential Value Fund Series 17 Growth
ICICI Prudential Capital Protection Oriented Fund Series XII Plan C 1270 Days Growth
ICICI Prudential Value Fund Series 18 Growth
ICICI Prudential Value Fund Series 19 Growth
ICICI Prudential Value Fund Series 20 Growth
ICICI Prudential Multiple Yield Fund Series 14 Plan A 1228 Days Growth
ICICI Prudential Bharat Consumption Fund Series 1 Growth
ICICI Prudential Bharat Consumption Fund Series 2 Growth
ICICI Prudential Bharat Consumption Fund Series 3 Growth
ICICI Prudential Bharat Consumption Fund Series 4 Growth
ICICI Prudential Bharat Consumption Fund Series 5 Growth
ICICI Prudential Capital Protection Oriented Fund Series XIV Plan A 1275 Days Growth
ICICI Prudential Bharat Consumption Fund Growth
ICICI Prudential Transportation and Logistics Fund Growth
ICICI Prudential Rural Opportunities Fund Growth
Fund house & investment objective
ICICI Prudential Mutual Fund
Rank (total assets)#3 in India
Total AUM₹10,10,029.88Cr
Date of Incorporation12 Oct 1993
    ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund.     This scheme was made available to investors on 12 Oct 1993.     S Naren, Rajat Chandak is the Current Fund Manager of ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹10,10,030 Cr and     the Latest NAV as of 26 Sep 2019 is ₹39.09.  

    The ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth is rated High risk.     Minimum SIP Investment is set to ₹500.          Entry load of 2.25% for investment less than Rs.5 crores.
  ;
Investment ObjectiveThe fund will take a long-term approach to investing. It will invest in large-cap and emerging mid-cap companies picked through a bottom-up approach. The research process will include intensive company visits for identifying potential growth companies. The scheme has a tenure of 10 years. 
 
;
Fund benchmarkNIFTY 50 Total Return Index
Scheme Information Document(SID)
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
Website
www.icicipruamc.com
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth
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Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	13.26%
ITC Ltd.	FMCG	Equity	8.74%
Motherson Sumi Systems Ltd.	Automobile	Equity	6.38%
Housing Development Finance Corpn. Ltd.	Financial	Equity	6.35%
City Union Bank Ltd.	Financial	Equity	6.31%
ICICI Bank Ltd.	Financial	Equity	5.13%
Axis Bank Ltd.	Financial	Equity	5.11%
State Bank of India	Financial	Equity	4.78%
Britannia Industries Ltd.	FMCG	Equity	4.34%
Tech Mahindra Ltd.	Technology	Equity	3.55%
TVS Motor Co. Ltd.	Automobile	Equity	3.48%
Maruti Suzuki India Ltd.	Automobile	Equity	3.37%
Tata Consultancy Services Ltd.	Technology	Equity	3.07%
Cipla Ltd.	Healthcare	Equity	2.76%
HCL Technologies Ltd.	Technology	Equity	2.43%
Larsen & Toubro Ltd.	Construction	Equity	1.89%
Lupin Ltd.	Healthcare	Equity	1.65%
Sun Pharmaceutical Inds. Ltd.	Healthcare	Equity	0.56%
Britannia Industries Ltd.	FMCG	NCD	0.08%

	1Y	3Y	5Y	All
Fund returns	-7.0%	6.6%	8.7%	14.6%
Category average	-3.8%	17.7%	26.5%	NA
Rank with in category	18	5	3	NA

Equity, ELSS funds	Rating	1Y	3Y	Fund Size(Cr)
SBI ELSS Tax Saver Fund Growth	5	-6.8%	24.5%	29,937.40
HDFC ELSS Tax Saver Fund Growth	5	-1.3%	22.7%	16,525.28
Franklin India ELSS Tax Saver Fund Growth	4	-7.1%	19.1%	6,537.22
Parag Parikh ELSS Tax Saver Fund Growth	5	-0.9%	18.3%	5,524.49
Nippon India ELSS Tax Saver Fund Growth	4	-6.9%	18.3%	14,934.46