ICICI Prudential Long Term Wealth Enhancement Fund Direct Transfer Inc Dist cum Cap Wdrl
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 20.7 as on 03-10-2023
Fund Performance
About the Fund
ICICI Prudential Long Term Wealth Enhancement Fund Direct Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl has ₹35 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 1.
ICICI Prudential Long Term Wealth Enhancement Fund Direct Transfer Inc Dist cum Cap Wdrl Overview
 | 0.97% |
 Benchmark | IISL Nifty 500 TR INR |
 | ₹35 Cr |
 | 23 March, 2018 |
 | ₹5000/₹0 |
 | 0% |
 | 3 Years |
 TurnOver | 18.23% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
80.2%
Small cap
12.5%
Mid cap
3.2%
Sector Allocation
Consumer Cyclical
34.8%
Financial Services
27.5%
Consumer Defensive
9.2%
Energy
7.7%
Tech
7.3%
Communication
6.4%
Industrial
3.8%
Health
3.4%
Top Holdings of ICICI Prudential Long Term Wealth Enhancement Fund Direct Transfer Inc Dist cum Cap Wdrl as on (30-Sep-23)
Equity Holdings23
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 TVS Motor Co Ltd | 9.72% | 0% | |
 ICICI Bank Ltd | 9.51% | 0% | |
 HDFC Bank Ltd | 8.49% | 0% | |
 Reliance Industries Ltd | 7.39% | 0% | |
 Ethos Ltd | 6.09% | 0% |
See all
ICICI Prudential Long Term Wealth Enhancement Fund Direct Transfer Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 0.45% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund outperformed Nifty 500 by 1.19% in Aug'23
AUM Change
- AUM of the fund stands at 34.6 Cr as of Aug'23
- AUM decreased by 0.4 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in ICICI Prudential Long Term Wealth Enhancement Fund Direct Transfer Inc Dist cum Cap Wdrl portfolio Returns for the month of Aug
Top Losers | 1M Return |
|---|---|
 State Bank of India | -8.3% |
 HDFC Bank Ltd | -5.5% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
ICICI Prudential Long Term Wealth Enhancement Fund Direct Transfer Inc Dist cum Cap Wdrl Fund Manager
Rajat Chandak
Fund Manager of ICICI Prudential Long Term Wealth Enhancement Fund Direct Transfer Inc Dist cum Cap Wdrl, since 23 March 2018
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 14.05% since inception which is less than its category average return of 14.22%
Fund Allocations
This fund has an allocation of 95.96% in Equity, 0% in Debt and 4.04% in Cash related instruments
AUM size ₹35 Cr
This fund has AUM of ₹35 Cr which is less than its category average of ₹ 2953 Cr
Expense Ratio 0.97%
This fund has an expense ratio of 0.97% which is less than its category average expense ratio of 1.5%
Frequently Asked Questions
The current NAV of ICICI Prudential Long Term Wealth Enhancement Fund Direct Transfer Inc Dist cum Cap Wdrl is ₹20.69 as on 03-Oct-2023.
Existing (Absolute + CAGR) as on 03-Oct-2023.
ICICI Prudential Long Term Wealth Enhancement Fund Direct Transfer Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.93% | 0.93% |
6 Month Returns | 18.16% | 18.16% |
1 Year Returns | 18.36% | 18.36% |
3 Years Returns | 97.05% | 25.37% |
5 Years Returns | 108.57% | 15.84% |
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0.97% as on September 2023
₹35 Cr as on September 2023
TVS Motor Co Ltd(9.72%), ICICI Bank Ltd(9.51%), HDFC Bank Ltd(8.49%), Reliance Industries Ltd(7.39%), Ethos Ltd(6.09%) as on September 2023
Consumer Cyclical(33.44%), Financial Services(26.36%), Consumer Defensive(8.79%) as on September 2023
The alpha ratio for the ICICI Prudential Long Term Wealth Enhancement Fund Direct Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl | 1.53 | 3.81 | 1.05 |
As on September 2023
The alpha for ICICI Prudential Long Term Wealth Enhancement Fund Direct Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl | 0.85 | 0.88 | 1.01 |
As on September 2023
The Beta for ICICI Prudential Long Term Wealth Enhancement Fund Direct Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl | 1.07 | 1.42 | 0.58 |
As on September 2023
The sharpe ratio for ICICI Prudential Long Term Wealth Enhancement Fund Direct Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl | 9.7 | 13.8 | 20.45 |
As on September 2023
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.
Sortino ratio is 3.6 as on September 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.35 as on September 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Rajat Chandak is the fund manager of ICICI Prudential Long Term Wealth Enhancement Fund Direct Transfer Inc Dist cum Cap Wdrl
The Exit load of ICICI Prudential Long Term Wealth Enhancement Fund Direct Transfer Inc Dist cum Cap Wdrl is 0%