ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

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Equity
Direct
Elss (Tax Savings)

NAV: ₹ 18.7 as on 05-12-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
This Fund
1.5%
3.3%
15.9%
16.6%
17.8%
Benchmark
2.8%
4.3%
13.6%
9.2%
18.2%
Category
-1.8%
2.4%
13.4%
13%
8.5%
About the 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 a NAV of 18.73 as on 05-12-2022.

2) ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth has 36 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 0.97 %.

Fund Overview

Expense ratio
Expense ratio
0.97%
Benchmark
Benchmark
IISL Nifty 500 TR INR
AUM
AUM
₹36 Cr
Inception Date
Inception Date
23 March, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
11.72%

Fund Distribution

  • Equity 96.8%
  • Debt & Cash 3.2%
Size breakup
Large cap
68.2%
Mid cap
19.9%
Small cap
8.7%

Sector Allocation

Oct'22

Sep'22

Aug'22

Consumer Cyclical

36.3%

Financial Services

27.9%

Consumer Defensive

10.8%

Energy

7.8%

Tech

6.6%

Communication

4.8%

Health

2.9%

Industrial

2.9%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings24
Equity Holdings22
Debt Holdings2

What changed

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

Change in AUM

Oct'22
₹ 35.8 Cr
Sep'22
₹ 34.8 Cr
Aug'22
₹ 36.1 Cr

Fund Returns vs Benchmark

Oct'22
4.53%
5.37%
Sep'22
-2.00%
-2.51%
Aug'22
3.86%
3.22%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
24
24
25
Top 5 Company Concentration
45.7%
44.7%
45.2%
Company having highest exposure
TVS Motor Co Ltd (10.6%)
ICICI Bank Ltd (10.1%)
ICICI Bank Ltd (10%)
No of Sectors
9
9
9
Top 5 Sectors Concentration
86.5%
85.5%
84.8%
Sector having highest exposure
Consumer Cyclical (35.1%)
Consumer Cyclical (34.6%)
Consumer Cyclical (33.8%)

Fund Manager

Rajat Chandak

Rajat Chandak

Managing this fund since 23 March 2018

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ICICI Prudential Balanced Advantage Fund Direct Plan Growth
12.82%
11.65%

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

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Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 14.27% since inception which is more than its category average return of 13.82%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.78% in Equity, 0% in Debt and 3.22% in Cash related instruments
AUM size ₹36 Cr

AUM size ₹36 Cr

This fund has AUM of ₹36 Cr which is less than its category average of ₹ 2695 Cr
Expense Ratio 0.97%

Expense Ratio 0.97%

This fund has an expense ratio of 0.97% which is less than its category average expense ratio of 1.59%

Frequently Asked Questions

The current NAV of ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth is 18.73.
Existing (Absolute + CAGR)
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.52%
1.52%
6 Month Returns
15.9%
15.9%
1 Year Returns
16.55%
16.55%
3 Years Returns
63.3%
17.76%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.97 as on November 2022
36 Cr as on November 2022
TVS Motor Co Ltd(10.6%),ICICI Bank Ltd(9.55%),HDFC Bank Ltd(9.4%),Mahindra & Mahindra Ltd(8.6%),Reliance Industries Ltd(7.59%) as on November 2022
Consumer Cyclical(35.09%),Financial Services(27%),Consumer Defensive(10.46%) as on November 2022
The alpha ratio for the ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth
8.55
-0.76
-
As on month end.
The alpha for ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth is calculated against IISL Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth
0.68
1.01
-
As on month end.
The Beta for ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth is calculated with IISL Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth
1.1
0.62
-
As on month end.
The sharpe ratio for ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth is calculated with IISL Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth
11.8
24.39
-
As on month end.
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
0.83
Rajat Chandak is the fund manager of ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth
The Exit load of ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth is 0%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.