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Fincash » Mutual Funds » ICICI Prudential Long Term Equity Fund Tax Saving

ICICI Prudential Long Term Equity Fund (tax Saving) - G

NAV  ₹806.93 ↓ -7.45  (-0.91 %) as on 12 Apr 24

Scheme Objective

To generate long-term capital appreciation through investments made primarily in equity and equity related securities of companies.

ICICI Prudential Long Term Equity Fund (Tax Saving) is a Equity - ELSS fund launched on 19 Aug 99. It is a fund with Moderately High risk and has given a CAGR return of 19.5% since its launch.  Ranked 30 in ELSS category.  Return for 2023 was 23.2% , 2022 was 2.3% and 2021 was 33.7% .

Below is the key information for ICICI Prudential Long Term Equity Fund (Tax Saving)

NAV as on 12 Apr 24₹806.93 ↓ -7.45  (-0.91 %)
Net Assets (AUM) as on 29 Feb 2024 ₹12,895 Cr.
Launch Date19 Aug 1999
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCICICI Prudential Asset Management Company Limited
Alpha Ratio1.32
Expense Ratio1.87 %
Sharpe Ratio2.541
Information Ratio-0.42
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24

DurationReturns
1 Month 2.7%
3 Month 6.5%
6 Month 17.2%
1 Year 37%
3 Year 19.9%
5 Year 16.1%
10 Year
15 Year
Since launch 19.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 23.2%
2022 2.3%
2021 33.7%
2020 13.6%
2019 8.8%
2018 0.5%
2017 26%
2016 3.9%
2015 4.3%

Growth of 10k Over Years

DateValue
31 Mar 19₹10,000
31 Mar 20₹7,265
31 Mar 21₹12,736
31 Mar 22₹15,707
31 Mar 23₹15,281
31 Mar 24₹21,051
ICICI Prudential Long Term Equity Fund (tax Saving) Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash4.17%
Equity95.83%
ICICI Prudential Long Term Equity Fund (tax Saving) Asset Allocation

Sector Allocation

SectorValue
Financial Services30.71%
Consumer Cyclical13.31%
Health Care10.85%
Industrials7.78%
Communication Services7.44%
Consumer Defensive7.39%
Technology6.95%
Energy5.64%
Utility2.35%
Basic Materials1.89%
Real Estate1.52%
ICICI Prudential Long Term Equity Fund (tax Saving) Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | ICICIBANK
Banks - Regional8%₹1,020 Cr9,691,157
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL
Telecom Services6%₹739 Cr6,575,729
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 17 | HDFCBANK
Banks - Regional5%₹682 Cr4,858,248
↑ 681,858
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 28 Feb 18 | MARUTI
Auto Manufacturers5%₹636 Cr563,461
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 29 Feb 20 | 540376
Discount Stores5%₹608 Cr1,552,220
Reliance Industries Ltd (Energy)
Equity, Since 31 May 20 | RELIANCE
Oil & Gas Refining & Marketing5%₹603 Cr2,062,445
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
Banks - Regional5%₹592 Cr5,508,485
↓ -258,120
Infosys Ltd (Technology)
Equity, Since 30 Jun 16 | INFY
Information Technology Services5%₹586 Cr3,500,000
↓ -72,202
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 May 17 | SUNPHARMA
Drug Manufacturers - Specialty & Generic3%₹433 Cr2,747,138
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 18 | LT
Engineering & Construction3%₹420 Cr1,206,565
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Fund Managers

NameSinceTenure
Mittul Kalawadia18 Sep 230.54 Yr.
Sharmila D’mello31 Jul 221.67 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,
HDFC Bank LtdHDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W),
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),
HSBC LtdII Floor "Shiv",,Plot No 139-140 B,,Western Express Highway, Sahar Road Junction,,Vile Parle (E),

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
ICICI Prudential Mutual FundOne BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
ICICI Prudential Long Term Equity Fund (Tax Saving)
Normal Dividend, Payout
₹24.04
↓ -0.22
13.7 %32.64 %18.37 %14.59 %
ICICI Prudential Long Term Equity Fund (Tax Saving)
Growth
₹806.93
↓ -7.45
17.22 %37.03 %19.92 %16.1 %
Data as on 12 Apr 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.