ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth
NAV as on 29-04-2025
₹ 28.52
▲1%
1D
Inception Returns
16%
/yr
Historical NAV & Returns
About ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth
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
- ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth has ₹38 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 1.
Returns
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth has given a CAGR return of 15.97% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.12%, 19.90% and 27.79% respectively.
Holdings
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Health, Consumer Defensive, Tech, Communication, Energy, Industrial, Basic Materials. Its top holdings are ICICI Bank Ltd, TVS Motor Co Ltd, HDFC Bank Ltd, Maruti Suzuki India Ltd, Avenue Supermarts 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 benefitDividends 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
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth Overview
| Expense ratio | 0.99% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹38 Cr |
| Inception Date | 23 March, 2018 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 18.23% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (29-Apr-25)
Fund Distribution
as on (31-Mar-25)
- This fund’s returns stands at 5.52% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund underperformed Nifty 500 by 1.73% in Mar'25
- AUM of the fund stands at 37.8 Cr as of Mar'25
- AUM increased by 1.8 Cr between Mar'25 and Feb'25
Top 3 Sectors in March were Consumer Cyclical, Financial Services & Health
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 9.87% | -7.4% | |
 TVS Motor Co Ltd | 9.67% | 4.1% | |
 HDFC Bank Ltd | 9.06% | 0% | |
 Maruti Suzuki India Ltd | 8.34% | 0% | |
 Avenue Supermarts Ltd | 5.56% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth | 10.12% | 19.9% | 27.79% | 15.97% |
 DSP ELSS Tax Saver Fund Direct Plan Growth | 18.69% | 20.61% | 28.67% | 18.31% |
 Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth | 11.13% | 25.11% | 28.75% | 18.01% |
 Mirae Asset ELSS Tax Saver Fund -Direct Plan-Growth | 10.81% | 15.9% | 26.57% | 19.39% |
Top Growth Drivers | 1M Return |
|---|---|
 Avenue Supermarts Ltd | 9.1% |
 HDFC Bank Ltd | 8.6% |
 ICICI Bank Ltd | 8.4% |
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹38 Cr
Expense Ratio 0.99%
More funds from ICICI
5Y CAGR
▲ 40.18
5Y CAGR
▲ 34.49
5Y CAGR
▲ 36.21
Frequently Asked Questions for ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.76% | 4.76% |
6 Month Returns | -3.64% | -3.64% |
1 Year Returns | 10.12% | 10.12% |
3 Years Returns | 72.37% | 19.9% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth | 0.04 | 5.24 | 3.77 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth | 0.94 | 0.84 | 0.87 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth | 0.05 | 0.89 | 1.36 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth | 16.29 | 13.25 | 15.11 |