ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Dividend+2.41%

3
-2.71%
1 Year Return
Equity
ELSS
3.0star
6M
1Y
3Y
5Y
All

Fund Details

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

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.26%
NAV24.18 (25 Sep 2020)
Fund Started01 Jan 2013
Fund Size6,558 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Dividend
-2.7%
3.5%
6.9%
11.7%
Category Average
14.4%
1.5%
10.7%
-
Rank within category
24
9
15
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -2.7% annual returns

    Comparison

    Data not available
    Pros
    1. 3Y Returns are higher than the category average returns
    2. Exit load is zero
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. 5Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Bharti Airtel Ltd.CommunicationEquity7.7%
    HDFC Bank Ltd.FinancialEquity6.9%
    ICICI Bank Ltd.FinancialEquity6.4%
    National Thermal Power Corp. Ltd.EnergyEquity5.1%
    Infosys Ltd.TechnologyEquity5.0%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.1%
    ITC Ltd.FMCGEquity3.0%
    Axis Bank Ltd.FinancialEquity2.8%
    Hindalco Industries Ltd.MetalsEquity2.6%
    Reliance Industries Ltd.EnergyEquity2.4%
    See All

    Fund Managers

    addSankaran 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
    addPriyanka 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
    addHarish Bihani
    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.
    Funds Managed

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

    ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Dividend is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 01 Jan 2013. George Heber Joseph is the Current Fund Manager of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹6,558 Cr and the Latest NAV as of 25 Sep 2020 is ₹24.18.

    The ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

    Investment Objective

    The scheme seeks long-term capital appreciation by investing approximately 90 per cent of the investments in equity instruments, while the balance 10 per cent would be a parked in debt and money market instrument and cash ( Including-money at call).

    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)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    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
    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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