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ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 623.03 0.84%
    (as on 14th October, 2021)
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Crisil Rank
Average performance among peers
Risk-O-Meter
Very High

Fund has 97.97% investment in indian stocks of which 67.32% is in large cap stocks, 5.11% is in mid cap stocks, 12.31% in small cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

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Returns (NAV as on 14th October, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 07-Oct-21 10292.70 2.93% - 3.10% 35/60
1 Month 14-Sep-21 10622.70 6.23% - 5.59% 22/60
3 Month 14-Jul-21 11640.20 16.40% - 13.85% 11/60
6 Month 13-Apr-21 13136.30 31.36% - 33.06% 27/60
YTD 01-Jan-21 13937.10 39.37% - 42.55% 26/60
1 Year 14-Oct-20 17032.50 70.33% 70.32% 68.75% 16/60
2 Year 14-Oct-19 17286.70 72.87% 31.43% 33.72% 29/59
3 Year 12-Oct-18 18000.40 80.00% 21.58% 23.22% 32/56
5 Year 14-Oct-16 20472.20 104.72% 15.40% 16.07% 22/42
10 Year 14-Oct-11 47552.30 375.52% 16.86% 16.23% 10/27
Since Inception 19-Aug-99 623030.00 6130.30% 20.49% 16.89% 11/58

SIP Returns (NAV as on 14th October, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 14-Oct-20 12000 15639.49 30.33 % 60.57 %
2 Year 14-Oct-19 24000 37289.16 55.37 % 48.91 %
3 Year 12-Oct-18 36000 57937.55 60.94 % 33.44 %
5 Year 14-Oct-16 60000 102991.03 71.65 % 21.75 %
10 Year 14-Oct-11 120000 304458.94 153.72 % 17.71 %
 

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 30th Sep,2021)

Equity Holding : 97.97% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.97%
No of Stocks : 62 (Category Avg - 48.97) | Large Cap Investments : 67.32%| Mid Cap Investments : 5.11% | Small Cap Investments : 12.31% | Other : 13.21%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
ICICI Bank Ltd. Banks 6723.9 6.70% -0.32% 7.19% (May 2021) 5.92% (Oct 2020) 95.94 L 0.00
Infosys Ltd. Computers - software 6059.6 6.04% 0.66% 6.53% (Mar 2021) 5.27% (May 2021) 36.17 L 5.16 L
HDFC Bank Ltd. Banks 6053.1 6.04% -0.07% 7.5% (Nov 2020) 5.84% (Jul 2021) 37.95 L 0.00
Bharti Airtel Ltd. Telecom - services 5953.1 5.94% -0.47% 7.16% (Jan 2021) 5.37% (Jun 2021) 86.49 L -8.34 L
HCL Technologies Limited Computers - software 4642.1 4.63% 0.59% 4.63% (Sep 2021) 1.36% (Nov 2020) 36.28 L 2.73 L
Reliance Industries Ltd. Refineries/marketing 3422 3.41% 0.29% 3.43% (Feb 2021) 2.61% (Oct 2020) 13.58 L 0.00
Housing Development Finance Corporation Ltd. Housing finance 3297.8 3.29% -0.05% 3.58% (Dec 2020) 2.87% (Jul 2021) 11.97 L 23.87 k
Axis Bank Ltd. Banks 3156.6 3.15% -0.15% 3.38% (Apr 2021) 2.48% (Oct 2020) 41.18 L 0.00
Avenue Supermarts Ltd. Retailing 2566.7 2.56% 0.13% 2.56% (Sep 2021) 1.9% (Nov 2020) 6.04 L 0.00
State Bank Of India Banks 2562.1 2.55% 0.10% 2.71% (May 2021) 0.98% (Oct 2020) 56.56 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 1.45%
Net Receivables Net Receivables 0.58%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2021)

  • Standard Deviation

    High volatility
    19.82vs19.05
    Category Avg
  • Beta

    High volatility
    0.92vs0.85
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.79vs0.83
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.17vs0.19
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    1.22vs2.47
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Growth 5 433.15 7.31 13.17 40.20 98.16 38.05
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 5 3439.01 8.86 15.15 34.28 83.97 24.76
Franklin India Taxshield Fund - Growth 3 5020.57 8.57 14.60 32.32 75.30 19.90
Nippon India Tax Saver Fund - Growth 1 12466.99 5.95 16.46 30.21 74.04 15.79
Baroda ELSS - 96 - Plan A - Growth 3 217.67 7.20 20.14 37.67 70.17 23.13
BOI AXA Tax Advantage Fund - Regular Plan - Growth 5 517.49 4.83 14.62 36.58 69.94 31.26
DSP Tax Saver Fund - Regular Plan - Growth 4 9755.66 3.44 11.33 30.12 69.58 25.64
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth 4 419.70 4.95 13.63 31.91 69.32 21.32
JM Tax Gain Fund - Growth 3 65.33 6.91 17.37 31.60 68.82 25.83
Axis Long Term Equity Fund - Growth 3 34370.78 5.29 17.62 32.78 66.23 25.35

More Funds from ICICI Prudential Mutual Fund

Out of 150 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 6 is/are ranked 4 * , 23 is/are ranked 3 * , 5 is/are ranked 2 * , 3 is/are ranked 1 * , and 111 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
ICICI Prudential Balanced Advantage Fund - Growth 2 35736.74 2.98 6.27 12.48 27.69 14.46
ICICI Prudential Liquid Fund - Growth 3 34592.23 0.25 0.81 1.60 3.16 5.00
ICICI Prudential Bluechip Fund - Growth 3 30724.04 5.74 15.01 27.80 58.61 20.04
ICICI Prudential Savings Fund - Growth 5 28496.09 0.38 1.51 2.95 5.11 7.57
ICICI Prudential Value Discovery Fund - Growth 4 22745.70 8.90 17.26 32.61 71.98 21.73
ICICI Prudential Short Term Fund - Growth 3 21344.92 0.27 1.48 2.70 5.04 8.57
ICICI Prudential Corporate Bond Fund - Growth 4 20979.92 0.16 1.52 2.66 4.93 8.57
ICICI Prudential Equity & Debt Fund - Growth 4 18652.85 8.54 17.60 32.20 78.88 21.54
ICICI Prudential Equity - Arbitrage Fund - Growth 3 15346.26 0.20 0.76 1.93 3.74 4.83
ICICI Prudential Floating Interest Fund - Growth 1 14680.01 0.33 1.86 3.60 5.80 7.83

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