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

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

Equity
Direct
Very High Risk
Elss (Tax Savings)

NAV: ₹ 659.6 as on 17-08-2022

INDmoney Rank

Powered by IND quant engine
11
/24
53% Performance
37% Risk Management
37% Cost
11 out of 24 among elss (tax savings)
Pros
5Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Cons
No bad points found for this fund.
About the Fund

ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth is an equity fund. This fund was started on  1 January, 2013. The fund is managed by Priyanka Khandelwal, Harish Bihani. The fund could potentially beat inflation in the long-run.

Key parameters

1) ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth has a NAV of 659.63 as on 17-08-2022.

2) ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth has 9900 Cr worth of assets under management (AUM) as on 30-06-2022 and is more than category average.

3) The fund has an expense ratio 1.19 %.

Fund Overview

Expense ratio
Expense ratio
1.19%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹9900 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
25.34%

Fund Distribution

  • Equity 94.7%
  • Debt & Cash 5.3%
Size breakup
Large cap
75.3%
Small cap
11.3%
Mid cap
8.2%
Sector Allocation
Financial Services34.9%
Tech20.3%
Consumer Cyclical8.8%
Industrial8.7%
Communication7.2%
Consumer Defensive4.9%
Basic Materials4.6%
Energy4.3%
Health3.8%
Real Estate1.5%
Utilities1%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings22
Equity Holdings20
Debt Holdings2
Holdings
Weight%
No. of Shares (4M)
1M Change
icon
ICICI Bank Ltd
9.1%
0%
icon
Infosys Ltd
6.2%
-1.2%
icon
Axis Bank Ltd
5.1%
0%
icon
Treps
4.9%
0%
icon
Bharti Airtel Ltd
4.5%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 828 Cr in last 1M
Jul'22 return underperformed benchmark

Change in AUM

Jul'22
₹ 9.9K Cr
Jun'22
₹ 9.1K Cr
May'22
₹ 9.5K Cr

Fund Returns vs Benchmark

Jul'22
9.04%
9.49%
Jun'22
-4.75%
-4.94%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Jun'22
May'22
Apr'22
No of Holdings
51
52
54
Top 5 Company Concentration
30%
29.9%
28.7%
Company having highest exposure
ICICI Bank Ltd (8.5%)
ICICI Bank Ltd (8.6%)
ICICI Bank Ltd (7.9%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
76.7%
75.8%
72.6%
Sector having highest exposure
Financial Services (33.7%)
Financial Services (33.1%)
Financial Services (31.1%)

Fund Manager

Priyanka Khandelwal

Priyanka Khandelwal

Managing this fund since 15 June 2017
Years of Experience
5
Years of Experience

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ICICI Prudential Balanced Advantage Fund Direct Plan Growth
14.38%
12.5%
ICICI Prudential Bluechip Fund Direct Plan Growth
19.71%
17.88%
ICICI Prudential Value Discovery Fund Direct Plan Growth
25.94%
20.48%
Harish Bihani

Harish Bihani

Managing this fund since 5 November 2018
Years of Experience
0
Years of Experience

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ICICI Prudential Smallcap Fund Direct Plan Growth
32.78%
32.45%
ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth
20.25%
19.45%

AMC details

Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Fund House
ICICI Prudential Asset Management Company Limited

Fund Highlights

About the fund

About the fund

This fund has delivered an average annual returns of 15.93% since inception which is more than its category average return of 14.04%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.75% in Equity, 0% in Debt and 5.25% in Cash related instruments
AUM size ₹9900 Cr

AUM size ₹9900 Cr

This fund has AUM of ₹9900 Cr which is more than its category average of ₹ 2623 Cr
Expense Ratio 1.19%

Expense Ratio 1.19%

This fund has an expense ratio of 1.19% which is less than its category average expense ratio of 1.58%
meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk

Frequently Asked Questions

What are the average returns of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth Fund ?

What is the current NAV of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth Fund?

How do I invest in ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth Fund?

What is the expense ratio of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth fund?

What is the worth of total assets under management (AUM) of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth fund ?

What are the top holdings of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth Fund?

What are the top sectors ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth Fund has invested in?