ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth

Very High Risk
Equity
ELSS (Tax Savings)

NAV as on Apr 29, 2025

Price per unit of the scheme.

₹ 993.6300-0.25%1 Day Change

4.14%

Minimum Investment₹500

Expense Ratio1.16%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

Scheme Rating

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth

Equity: ELSS (Tax Savings) Average NAV

Topper in Equity: ELSS (Tax Savings)

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

IISL Nifty 500 TR INR

Expense Ratio

1.16%

Category Avg Expense Ratio

0.86%

Minimum Investment (Lumpsum/SIP)

₹ 500 /₹ 500

Lock In (Years)

Fund Size

₹ 13,632.70 Cr(As on Mar, 2025)

Inception Date

Jan 01, 2013

Turnover

25.00 %

Exit Load

Nil

Objective: 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.

ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth is an Equity - ELSS (Tax Savings) fund. The fund was launched inJan 01, 2013. Its risk level is . The NAV of the fund as onApr 29, 2025 is ₹993.63. Its expense ratio is 1.16 %. The fund has an AUM of ₹13,632.70 Cr.The fund is managed byHarish Bihani,Sharmila D’mello,Mittul Kalawadia.
The minimum initial investment is ₹500 in Lumpsum mode.

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FUND MANAGER

Harish Bihani

Lead Fund Manager.

Nov 5, 2018 - Present

Fund Manager Rank25Out of 36
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed6
Total AUM₹ 44,641.14 Cr
Highest Return In 1 Yr14.05 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth

₹ 993.63

4.14%

2.98%

Very High Risk

₹13,632.70Cr

ICICI Prudential Tranporstation and Logistics Fund Direct Growth

₹ 17.61

4.87%

Very High Risk

₹2,862.29Cr

ICICI Prudential Smallcap Fund Direct Plan Growth

₹ 89.31

3.61%

2.75%

Very High Risk

₹7,392.39Cr

ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth

Very High Risk

NAV₹ 993.63
Fund Size₹13,632.70Cr

Fund Return4.14%

Category Return2.98%

ICICI Prudential Tranporstation and Logistics Fund Direct Growth

Very High Risk--

NAV₹ 17.61
Fund Size₹2,862.29Cr

Fund Return4.87%

Category Return--

ICICI Prudential Smallcap Fund Direct Plan Growth

Very High Risk

NAV₹ 89.31
Fund Size₹7,392.39Cr

Fund Return3.61%

Category Return2.75%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Mittul Kalawadia

Lead Fund Manager.

Sep 18, 2023 - Present

Fund Manager Rank25Out of 36
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed5
Total AUM₹ 63,015.01 Cr
Highest Return In 1 Yr15.92 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

ICICI Prudential ESG Fund Direct Growth

₹ 22.86

4.94%

3.86%

Very High Risk

₹1,428.28Cr

ICICI Prudential PSU Equity Fund Direct Growth

₹ 20.95

3.95%

Very High Risk

₹1,996.93Cr

ICICI Prudential Equity & Debt Fund Direct Plan Growth

₹ 421.34

3.49%

2.74%

Very High Risk

₹40,961.70Cr

ICICI Prudential ESG Fund Direct Growth

Very High Risk--

NAV₹ 22.86
Fund Size₹1,428.28Cr

Fund Return4.94%

Category Return3.86%

ICICI Prudential PSU Equity Fund Direct Growth

Very High Risk--

NAV₹ 20.95
Fund Size₹1,996.93Cr

Fund Return3.95%

Category Return--

ICICI Prudential Equity & Debt Fund Direct Plan Growth

Very High Risk

NAV₹ 421.34
Fund Size₹40,961.70Cr

Fund Return3.49%

Category Return2.74%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Sharmila D’mello

Lead Fund Manager.

Jul 31, 2022 - Present

Schemes managed50
Total AUM₹ 5,29,413.66 Cr
Highest Return In 1 Yr23.00 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

ICICI Prudential Housing Opportunities Fund Direct Growth

₹ 17.03

3.14%

Very High Risk

₹2,502.11Cr

ICICI Prudential Equity Savings Fund Direct Growth

₹ 23.70

1.28%

1.46%

Low to Moderate Risk

₹12,854.84Cr

ICICI Prudential Business Cycle Fund Direct Growth

₹ 24.30

3.49%

Very High Risk

₹11,894.02Cr

ICICI Prudential Housing Opportunities Fund Direct Growth

Very High Risk--

NAV₹ 17.03
Fund Size₹2,502.11Cr

Fund Return3.14%

Category Return--

ICICI Prudential Equity Savings Fund Direct Growth

Low to Moderate Risk

NAV₹ 23.70
Fund Size₹12,854.84Cr

Fund Return1.28%

Category Return1.46%

ICICI Prudential Business Cycle Fund Direct Growth

Very High Risk--

NAV₹ 24.30
Fund Size₹11,894.02Cr

Fund Return3.49%

Category Return--

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Mar, 2025

EQUITY (97.07%)

DEBT (-%)

CASH (2.93%)

Allocation by Market Cap

Large Cap(74.88%)

Mid Cap(10.59%)

Small Cap(11.60%)

Industry Holdings

Banks Regional24.91%
Drug Manufacturers Specialty Generic9.72%
Auto Manufacturers8.92%
Discount Stores5.53%
Telecom Services5.08%
Engineering Construction4.70%

Stock Holdings

ICICI Bank Ltd9.81%
HDFC Bank Ltd8.06%
Avenue Supermarts Ltd5.37%
Bharti Airtel Ltd4.93%
Sun Pharmaceuticals Industries Ltd4.89%
Maruti Suzuki India Ltd4.76%

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
1.10
This Fund
VS
1.28
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
91.75
This Fund
VS
87.45
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
0.90
This Fund
VS
0.93
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
0.57
This Fund
VS
0.57
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
0.95
This Fund
VS
0.94
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
13.59
This Fund
VS
14.49
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth ₹ 9,11,592.11 crores. It’s current offering of mutual fund schemes includes 55 equity, 63 debt and 22 hybrid schemes.

Phone

+91 22 26428000

enquiry@icicipruamc.com

AUM

₹ 9,11,592.11 Cr (

As on Mar 31, 2025

)

Address

3rd Floor, Hallmark Business Plaza, Mumbai,400 051

FAQ's

What is the category of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth ?

The category of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth is Equity - ELSS (Tax Savings)

What is the current NAV of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth ?

The current NAV of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth as on Apr 29, 2025 is ₹993.63

How safe is ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth ?

The risk level of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth is Very High.

What are short term returns given by ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth ?

The return given by ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth in 1 month is 4.14%, 3 months is 7.92%, 6 months is -0.05%, and 1 year is 10.99%

What are the long term returns given by ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth ?

The return given by ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth in 3 years is 16.30% and 5 years is 25.49%.

What is the expense ratio of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth ?

The expense ratio of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth is 1.16%

What is the AUM of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth ?

The assets under Management (AUM) of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth is Rs 13,632.70 crores.

What is the minimum investment in ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth ?

The minimum Lumpsum investment in ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth is ₹500.00 and the minimum SIP investment in ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth is ₹500.00

What is the asset allocation of ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth?

ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth has an exposure of 97.07% in Equity and 2.93% in Cash & Money Market Securities