ICICI Prudential ELSS Tax Saver Fund Direct Growth

ICICI Prudential ELSS Tax Saver Fund Direct Growth

Equity

ICICI Mutual Fund

Elss (Tax Savings)

Get the latest NAV of ICICI Prudential ELSS Tax Saver 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.

₹996.02

▼-0.7%1D

NAV as on 13 May 2025

16%/per year

Since Inception

Absolute Gain%

▲▼

2970 people have invested ₹ 1.1Cr in ICICI Prudential ELSS Tax Saver Fund Direct Growth in the last three months

ICICI Prudential ELSS Tax Saver Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (13-May-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
6.1%
7.69%
7.76%
3 Months
6.26%
6.91%
6.15%
6 Months
3.32%
1.98%
-1.02%
1 Year
12.68%
8.96%
10.42%
3 Years
19.95%
18.38%
20.43%
5 Years
25.01%
23.86%
25.05%

ICICI Prudential ELSS Tax Saver Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

16
/23
49% Performance
51% Risk Management
0% Cost

Ranked 16 out of 23 mutual funds in the elss (tax savings) category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
ICICI Prudential ELSS Tax Saver Fund
16/23
13,633Cr
1.14%
12.68%
19.95%
16%
SBI Long Term Equity Fund Direct Growth
3/23
28,506Cr
0.94%
11.21%
28.7%
16.67%
DSP ELSS Tax Saver Fund Direct Growth
4/23
16,638Cr
0.72%
17.57%
24.21%
18.19%
Mirae Asset ELSS Tax Saver Fund Direct Growth
7/23
24,774Cr
0.6%
12.24%
19.9%
19.37%
See all
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Beats FD returns for both 3Y & 5Y
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No bad points found for this fund.

ICICI Prudential ELSS Tax Saver 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
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ICICI Prudential ELSS Tax Saver Fund Asset Allocation

See fund asset allocation details as on (15-Apr-25)

Fund Distribution

as on (15-Apr-25)

Equity 95.1%

Debt & Cash 4.9%

Large cap
74.9%
Small cap
11.6%
Mid cap
10.6%
Mid Cap allocation has gone up from 10.2% to 10.6%
Mid Cap allocation has gone up from 10.2% to 10.6%
Large Cap allocation has gone up from 72.7% to 74.9%
Large Cap allocation has gone up from 72.7% to 74.9%
Small Cap allocation has gone down from 12% to 11.6%
Small Cap allocation has gone down from 12% to 11.6%
Cash allocation has gone down from 5.1% to 2.9%
Cash allocation has gone down from 5.1% to 2.9%

ICICI Prudential ELSS Tax Saver Fund Sector Allocation

See fund sector allocation details as on (15-Apr-25)

Sector Allocation

Equity 95.1%

Debt & Cash 4.9%

Financial Services
31.9%
Consumer Cyclical
15.6%
Health
12.2%
Industrial
8.1%
Consumer Defensive
7.6%
Communication
7.1%
Energy
5.5%
Tech
5.3%
Utilities
3.9%
Basic Materials
1.5%
Real Estate
1.2%

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

Mar'25

Financial Services

33%

Consumer Cyclical

16%

Health

12%

Feb'25

Financial Services

34%

Consumer Cyclical

16%

Health

12%

ICICI Prudential ELSS Tax Saver Fund Holdings Details

as on (30-Apr-25)

Equity

Holdings
Weight%
1M Change
ICICI Bank Ltd
9.88%
0%
HDFC Bank Ltd
7.05%
-2.2%
Avenue Supermarts Ltd
5.12%
0%
Sun Pharmaceuticals Industries Ltd
5.08%
0%
Axis Bank Ltd
5.04%
0%
See all
Top Stocks bought last month
Avenue Supermarts Ltd's allocation increased from 4.79% to 5.37%
Avenue Supermarts Ltd's allocation increased from 4.79% to 5.37%
ICICI Bank Ltd's allocation increased from 9.37% to 9.81%
ICICI Bank Ltd's allocation increased from 9.37% to 9.81%
UltraTech Cement Ltd's allocation increased from 1.54% to 1.97%
UltraTech Cement Ltd's allocation increased from 1.54% to 1.97%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 8.36 % to 8.06 %
HDFC Bank Ltd's allocation decreased from 8.36 % to 8.06 %
Bharti Airtel Ltd's allocation decreased from 4.99 % to 4.93 %
Bharti Airtel Ltd's allocation decreased from 4.99 % to 4.93 %
Maruti Suzuki India Ltd's allocation decreased from 4.92 % to 4.76 %
Maruti Suzuki India Ltd's allocation decreased from 4.92 % to 4.76 %

ICICI Prudential ELSS Tax Saver Fund Direct Growth Overview

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

Expense ratio1.14%
Benchmark
Nifty 500 TR INR
AUM₹13633 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
29.11%
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 ELSS Tax Saver Fund

ICICI Prudential ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Mittul Kalawadia. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential ELSS Tax Saver Fund Direct Growth has ₹13633 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
  2. The fund has an expense ratio 1.1.

Returns

ICICI Prudential ELSS Tax Saver Fund Direct Growth has given a CAGR return of 16.00% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.68%, 19.95% and 25.01% respectively.

Holdings

ICICI Prudential ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Industrial, Consumer Defensive, Communication, Energy, Utilities, Basic Materials, Tech, Real Estate, Government. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Avenue Supermarts Ltd, Sun Pharmaceuticals Industries Ltd, Axis Bank 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 ELSS Tax Saver Fund Direct Growth

To generate long-term capital appreciation through investments made primarily in equity and equity related securities of companies. However, there is no assurance or guarantee that the investment objective of the Scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for ICICI Prudential ELSS Tax Saver Fund Direct Growth of 3 Years

Fund Manager

Mittul Kalawadia

Fund Manager of ICICI Prudential ELSS Tax Saver Fund Direct Growth, since 18 September 2023

Learn more about ICICI Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 13.6K Cr
₹ 12.7K Cr
₹ 13.8K Cr
  • AUM of the fund stands at 13.6K Cr as of Mar'25
  • AUM increased by 889.1 Cr between Mar'25 and Feb'25

Compare ICICI Prudential ELSS Tax Saver Fund

ICICI Prudential ELSS Tax Saver Fund

VS

Axis ELSS Tax Saver Fund Direct Growth

Frequently Asked Questions for ICICI Prudential ELSS Tax Saver Fund Direct Growth

What is the current NAV of ICICI Prudential ELSS Tax Saver Fund Direct Growth?

The current NAV of ICICI Prudential ELSS Tax Saver Fund Direct Growth is ₹996.02 as on 13-May-2025.

What are the average returns of ICICI Prudential ELSS Tax Saver Fund Direct Growth?

Existing (Absolute + CAGR) as on 13-May-2025.
ICICI Prudential ELSS Tax Saver Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.1%
6.1%
6 Month Returns
3.32%
3.32%
1 Year Returns
12.68%
12.68%
3 Years Returns
72.57%
19.95%

How do I invest in ICICI Prudential ELSS Tax Saver Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.

What is the expense ratio of ICICI Prudential ELSS Tax Saver Fund Direct Growth?

1.14% as on April 2025

What is net assets under management (AUM) of ICICI Prudential ELSS Tax Saver Fund Direct Growth?

₹13633 Cr as on April 2025

What are the top 5 holdings of ICICI Prudential ELSS Tax Saver Fund Direct Growth?

ICICI Bank Ltd(9.88%), HDFC Bank Ltd(7.05%), Avenue Supermarts Ltd(5.12%), Sun Pharmaceuticals Industries Ltd(5.08%), Axis Bank Ltd(5.04%) as on April 2025

What are the top 3 sectors that this ICICI Prudential ELSS Tax Saver Fund Direct Growth has invested in?

Financial Services(31.71%), Consumer Cyclical(15.54%), Health(11.43%) as on April 2025

What is the alpha of ICICI Prudential ELSS Tax Saver Fund Direct Growth?

The alpha ratio for the ICICI Prudential ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential ELSS Tax Saver Fund Direct Growth
3.91
2.02
1.6
As on April 2025
The alpha for ICICI Prudential ELSS Tax Saver Fund Direct Growth is calculated against 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%.

What is the beta of ICICI Prudential ELSS Tax Saver Fund Direct Growth??

The Beta ratio for the ICICI Prudential ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential ELSS Tax Saver Fund Direct Growth
0.95
0.88
0.92
As on April 2025
The Beta for ICICI Prudential ELSS Tax Saver Fund Direct Growth is calculated with 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.

What is the sharpe ratio of ICICI Prudential ELSS Tax Saver Fund Direct Growth?

The sharpe ratio for the ICICI Prudential ELSS Tax Saver 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 ELSS Tax Saver Fund Direct Growth
0.26
0.74
1.23
As on April 2025
The sharpe ratio for ICICI Prudential ELSS Tax Saver Fund Direct Growth is calculated with 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.

What is the standard deviation of ICICI Prudential ELSS Tax Saver Fund Direct Growth?

The standard deviation for the ICICI Prudential ELSS Tax Saver 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 ELSS Tax Saver Fund Direct Growth
16.25
13.47
14.17
As on April 2025
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.

What is the Sortino ratio of ICICI Prudential ELSS Tax Saver Fund Direct Growth?

Sortino ratio is 1.25 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

What is the information ratio of ICICI Prudential ELSS Tax Saver Fund Direct Growth?

Information ratio is 0.31 as on April 2025. It tells the consistency of the fund in generating superior risk-adjusted performance

Who is the manager of ICICI Prudential ELSS Tax Saver Fund Direct Growth?

Mittul Kalawadia is the fund manager of ICICI Prudential ELSS Tax Saver Fund Direct Growth

What is the exit load of ICICI Prudential ELSS Tax Saver Fund Direct Growth?

The Exit load of ICICI Prudential ELSS Tax Saver Fund Direct Growth is 0%