ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

Equity

ICICI Mutual Fund

Elss (Tax Savings)

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.

₹29.16

▲0.6%1D

NAV as on 21 May 2025

16.12%/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 (21-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
1.82%
3.29%
-
3 Months
8.32%
9.86%
-
6 Months
1.89%
4.17%
-
1 Year
10.92%
7.28%
-
3 Years
23.34%
17.83%
-
5 Years
29.23%
24.93%
-

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
ICICI Prudential Long Term Wealth Enhancement Fund
-
38Cr
0.99%
10.92%
23.34%
16.12%
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%
See all

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
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ICICI Prudential Long Term Wealth Enhancement Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 97.1%

Debt & Cash 2.9%

Large cap
80.1%
Small cap
13.1%
Mid cap
4%
Cash allocation has gone down from 4.9% to 2.9%
Cash allocation has gone down from 4.9% to 2.9%

ICICI Prudential Long Term Wealth Enhancement Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 97.1%

Debt & Cash 2.9%

Consumer Cyclical
40.9%
Financial Services
25.3%
Health
8.3%
Tech
6.9%
Consumer Defensive
6.7%
Communication
5.2%
Energy
3.5%
Industrial
2.2%
Basic Materials
1.2%

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

Apr'25

Consumer Cyclical

36%

Financial Services

27%

Health

8%

Mar'25

Consumer Cyclical

37%

Financial Services

28%

Health

9%

ICICI Prudential Long Term Wealth Enhancement Fund Holdings Details

as on (30-Apr-25)

Equity

Holdings
Weight%
1M Change
ICICI Bank Ltd
10.07%
0%
TVS Motor Co Ltd
9.68%
-6%
HDFC Bank Ltd
9.19%
0%
Maruti Suzuki India Ltd
8.55%
0%
Sun Pharmaceuticals Industries Ltd
5.55%
0%
See all
Top Stocks bought last month
R R Kabel Ltd's allocation increased from 0.84% to 2.17%
R R Kabel Ltd's allocation increased from 0.84% to 2.17%
Infosys Ltd's allocation increased from 2.08% to 3.02%
Infosys Ltd's allocation increased from 2.08% to 3.02%
InterGlobe Aviation Ltd's allocation increased from 1.31% to 2.04%
InterGlobe Aviation Ltd's allocation increased from 1.31% to 2.04%
Top Stocks sold last month
Avenue Supermarts Ltd's allocation decreased from 5.56 % to 5.51 %
Avenue Supermarts Ltd's allocation decreased from 5.56 % to 5.51 %
Ethos Ltd's allocation decreased from 4.9 % to 4.71 %
Ethos Ltd's allocation decreased from 4.9 % to 4.71 %
Redtape Ltd's allocation decreased from 5.21 % to 4.53 %
Redtape Ltd's allocation decreased from 5.21 % to 4.53 %

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₹38 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 ₹38 Cr worth of assets under management (AUM) as on Apr 2025 and is less 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 16.12% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.92%, 23.34% and 29.23% respectively.

Holdings

ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Health, Tech, Consumer Defensive, Communication, Industrial, Energy, Basic Materials. Its top holdings are ICICI Bank Ltd, TVS Motor Co Ltd, HDFC Bank Ltd, Maruti Suzuki India Ltd, Sun Pharmaceuticals Industries 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
Apr'25
Mar'25
Feb'25
AUM
₹ 37.8 Cr
₹ 37.8 Cr
₹ 36 Cr
  • AUM of the fund stands at 37.8 Cr as of Apr'25
  • AUM has remained same between Apr'25 and Mar'25

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

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

The current NAV of ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth is ₹29.16 as on 21-May-2025.

What are the average returns of ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth?

Existing (Absolute + CAGR) as on 21-May-2025.
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.82%
1.82%
6 Month Returns
1.89%
1.89%
1 Year Returns
10.92%
10.92%
3 Years Returns
87.64%
23.34%

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

0.99% as on April 2025

What is net assets under management (AUM) of ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth?

₹38 Cr as on April 2025

What are the top 5 holdings of ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth?

ICICI Bank Ltd(10.07%), TVS Motor Co Ltd(9.68%), HDFC Bank Ltd(9.19%), Maruti Suzuki India Ltd(8.55%), Sun Pharmaceuticals Industries Ltd(5.55%) as on April 2025

What are the top 3 sectors that this ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth has invested in?

Consumer Cyclical(34.77%), Financial Services(26.69%), Health(7.89%) as on April 2025

What is the alpha of ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth?

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
2.68
5.36
3.95
As on April 2025
The alpha for ICICI Prudential Long Term Wealth Enhancement 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 Long Term Wealth Enhancement Fund Direct Growth??

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
0.97
0.84
0.9
As on April 2025
The Beta for ICICI Prudential Long Term Wealth Enhancement 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 Long Term Wealth Enhancement Fund Direct Growth?

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
0.18
0.97
1.32
As on April 2025
The sharpe ratio for ICICI Prudential Long Term Wealth Enhancement 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 Long Term Wealth Enhancement Fund Direct Growth?

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
16.65
13.33
14.69
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 Long Term Wealth Enhancement Fund Direct Growth?

Sortino ratio is 1.67 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

What is the information ratio of ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth?

Information ratio is 0.91 as on April 2025. It tells the consistency of the fund in generating superior risk-adjusted performance

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

Rajat Chandak is the fund manager of ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

What is the exit load 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%