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
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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 | 1.19% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹9900 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0% |
Lock In | 3 Years |
TurnOver | 25.34% |
Fund Distribution
Size breakup
Large cap
75.3%
Small cap
11.3%
Mid cap
8.2%
Sector Allocation
| Financial Services | 34.9% |
| Tech | 20.3% |
| Consumer Cyclical | 8.8% |
| Industrial | 8.7% |
| Communication | 7.2% |
| Consumer Defensive | 4.9% |
| Basic Materials | 4.6% |
| Energy | 4.3% |
| Health | 3.8% |
| Real Estate | 1.5% |
| Utilities | 1% |
Top Holdings
Total Holdings22
Equity Holdings20
Debt Holdings2
Holdings | Weight% | No. of Shares (4M) | 1M Change |
|---|---|---|---|
ICICI Bank Ltd | 9.1% | 0% | |
Infosys Ltd | 6.2% | -1.2% | |
Axis Bank Ltd | 5.1% | 0% | |
Treps | 4.9% | 0% | |
Bharti Airtel Ltd | 4.5% | 0% |
See all
What changed
in last one month
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%) |
Winners & Losers
Top Growth Drivers | 1M Return |
|---|---|
Avenue Supermarts Ltd | 25.2% |
SBI Cards & Payment Services Ltd | 21.6% |
ICICI Bank Ltd | 16.3% |
Top Losers | 1M Return |
|---|---|
Birlasoft Ltd | -3.8% |
Mahindra Lifespace Developers Ltd | -3.5% |
HCL Technologies Ltd | -2.8% |
Fund Manager
Priyanka Khandelwal
Managing this fund since 15 June 2017
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
Managing this fund since 5 November 2018
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)
Email
Phone
+912226428000
Fund House
ICICI Prudential Asset Management Company Limited
Fund Highlights
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
This fund has an allocation of 94.75% in Equity, 0% in Debt and 5.25% in Cash related instruments
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%
This fund has an expense ratio of 1.19% which is less than its category average expense ratio of 1.58%
Very High Risk
Investors understand that their principal will be at Very High Risk
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Frequently Asked Questions