ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

Get the latest NAV of ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹29.99

NAV as on 03 Jul 2025

16.28%/per year

Since Inception

Absolute Gain%

ICICI Prudential Long Term Wealth Enhancement Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (03-Jul-25)

The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty 500
Category Avg
1 Month
3.63%
3.57%
-
3 Months
9.37%
10.73%
-
6 Months
0.67%
3.58%
-
1 Year
5.82%
2.93%
-
3 Years
23.32%
20.65%
-
5 Years
25.74%
22.02%
-

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
ICICI Prudential Long Term Wealth Enhancement Fund
-
40Cr
0.99%
5.82%
23.32%
16.28%
SBI Long Term Equity Fund Direct Growth
3/23
28,506Cr
0.94%
11.35%
29.14%
16.76%
DSP ELSS Tax Saver Fund Direct Growth
4/23
16,638Cr
0.72%
17.2%
24.39%
18.23%
Mirae Asset ELSS Tax Saver Fund Direct Growth
7/23
24,774Cr
0.6%
12.43%
20.22%
19.46%

ICICI Prudential Long Term Wealth Enhancement Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

0

Profit


Total Corpus

0

Absolute Return

ICICI Prudential Long Term Wealth Enhancement Fund Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Equity 96%

Debt & Cash 4%

Large cap
77.5%

Small cap
14.5%

Mid cap
4%

Large Cap allocation has gone down from 80.1% to 77.5%
Large Cap allocation has gone down from 80.1% to 77.5%
Small Cap allocation has gone up from 13.1% to 14.5%
Small Cap allocation has gone up from 13.1% to 14.5%
Mid Cap allocation has gone up from 4% to 4%
Mid Cap allocation has gone up from 4% to 4%
Cash allocation has gone up from 2.9% to 4%
Cash allocation has gone up from 2.9% to 4%

ICICI Prudential Long Term Wealth Enhancement Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Equity 96%

Debt & Cash 4%

Consumer Cyclical
40.6%
Financial Services
25.2%
Health
8.4%
Tech
7.3%
Consumer Defensive
6.2%
Communication
5.3%
Energy
3.4%
Industrial
2.2%
Basic Materials
1.4%

Top 3 Sectors in May were Consumer Cyclical, Financial Services & Health

May'25

Consumer Cyclical

36%

Financial Services

27%

Tech

8%

Apr'25

Consumer Cyclical

36%

Financial Services

27%

Health

8%

ICICI Prudential Long Term Wealth Enhancement Fund Holdings Details

as on (30-Jun-25)

Equity

Holdings
Weight%
1M Change
ICICI Bank Ltd
9.6%
-4.3%
TVS Motor Co Ltd
9.43%
-4.9%
HDFC Bank Ltd
9.14%
0%
Maruti Suzuki India Ltd
8.46%
0%
Ethos Ltd
5.33%
0%
Top Stocks bought last month
R R Kabel Ltd's allocation increased from 2.17% to 2.91%
R R Kabel Ltd's allocation increased from 2.17% to 2.91%
Ethos Ltd's allocation increased from 4.71% to 5.33%
Ethos Ltd's allocation increased from 4.71% to 5.33%
Infosys Ltd's allocation increased from 3.02% to 3.09%
Infosys Ltd's allocation increased from 3.02% to 3.09%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 10.07 % to 9.6 %
ICICI Bank Ltd's allocation decreased from 10.07 % to 9.6 %
TVS Motor Co Ltd's allocation decreased from 9.68 % to 9.43 %
TVS Motor Co Ltd's allocation decreased from 9.68 % to 9.43 %
HDFC Bank Ltd's allocation decreased from 9.19 % to 9.14 %
HDFC Bank Ltd's allocation decreased from 9.19 % to 9.14 %

ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.99%
Benchmark
Nifty 500 TR INR
AUM₹40 Cr
Inception Date23 March, 2018
Min Lumpsum/SIP--/--
Exit Load0%
Lock In3 Years
TurnOver
18.23%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About ICICI Prudential Long Term Wealth Enhancement Fund

ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth is an equity fund. This fund was started on 23 March, 2018. The fund is managed by Rajat Chandak. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth has ₹40 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
  2. The fund has an expense ratio 1.

Returns

ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth has given a CAGR return of 16.28% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.82%, 23.32% and 25.74% respectively.

Holdings

ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Tech, Health, Consumer Defensive, Industrial, Communication, Energy, Basic Materials. Its top holdings are ICICI Bank Ltd, TVS Motor Co Ltd, HDFC Bank Ltd, Maruti Suzuki India Ltd, Ethos Ltd

Taxation

As it is a elss (tax savings) mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

The Scheme is a ten year close ended equity linked savings scheme that seeks to generate long-term capital appreciation to unit-holders from a portfolio that is invested predominantly in equity and equity related securities of large capitalization companies and emerging mid cap companies along with 1ome tax benefit. However, there can be no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. There is a lock in period for ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth of 3 Years

Fund Manager

Rajat Chandak

Fund Manager of ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth, since 23 March 2018

Learn more about ICICI Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 39.8 Cr
₹ 37.8 Cr
₹ 37.8 Cr
  • AUM of the fund stands at 39.8 Cr as of May'25
  • AUM increased by 2 Cr between May'25 and Apr'25

Frequently Asked Questions for ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

How do I invest in ICICI Prudential Long Term Wealth Enhancement Fund?

INDmoney makes it simple to invest in the ICICI Prudential Long Term Wealth Enhancement Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘ICICI Prudential Long Term Wealth Enhancement Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of ICICI Prudential Long Term Wealth Enhancement Fund?

The NAV of the fund today is ₹29.99. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

ICICI Prudential Long Term Wealth Enhancement Fund fund has generated a return of 5.82% in 1 year, 23.32% in 3 years, 25.74% in 5 years.

Who is the fund manager of ICICI Prudential Long Term Wealth Enhancement Fund?

The fund managers are Rajat Chandak.

What is the exit load of the fund?

The exit load is . Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.99%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹40 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of ICICI Prudential Long Term Wealth Enhancement Fund?

The top 3 holdings of the fund are ICICI Bank Ltd(9.6%), TVS Motor Co Ltd(9.43%), HDFC Bank Ltd(9.14%)