3 Year return
16.42%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹14346.87 Cr.
Expense Ratio
1.08% (inclusive of GST)
Exit Load
Nil
Tax Implications
Withdrawal after 3 years:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
ICICI Prudential Mutual Fund Managers
HB
Harish Bihani
Fund Manager since Oct 2022
Fund House Details
ICICI Prudential Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Motilal Oswal ELSS Tax Saver Fund |
28.91% |
2.5 |
Bank of India ELSS Tax Saver |
21.61% |
3 |
Quant ELSS Tax Saver Fund |
20.59% |
3.5 |
Schemes by ICICI Prudential Mutual Fund
List of mutual fund schemes by AMC
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Growth
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan IDCW Payout
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan IDCW Reinvestment
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Annual IDCW Payout
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Annual IDCW Reinvestment
About ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth
ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth is a mutual fund investment scheme offered by ICICI Prudential AMC. This fund falls into the category of tax saving mutual funds and offers tax benefits under Section 80C of the Income Tax Act, 1961. The fund has a lock-in of 3 years. The fund has a low expense ratio. The low associated cost will not cut deep into your pocket.
Investment Objective of the Scheme
The investment objective of the fund is to generate long-term capital gains from equity and equity-related investments. The fund focuses on providing long-term capital gains along with income tax benefits. Investors should invest in the fund for a minimum of 3 years to receive tax benefits.
Key Features of The Fund
5-year return | 19.44% |
Expense Ratio | 1.08% |
Fund Manager | Harish Bihani |
Fund Size | ₹14346.87 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
If your target is to generate long-term capital gains from equity fund investment, the ICICI Prudential Long Term Equity Fund (Tax Saving) is for investors with the same investment goals and risk profile. The fund allows for tax benefits while investing in a blend of high-quality company stocks based on performance. However, before proceeding with any investment decisions, make sure you thoroughly evaluate your individual financial goals and risk tolerance. Taking these factors into account will help you make an informed investment decision.
AMC Contact Details
Name | ICICI Prudential Mutual Fund |
Launch Date | June 1993 |
Addresss | One BKC 13th Floor, Bandra Kurla Complex, Bandra, Mumbai – 400 051 |
Contact | 18002006000 91 22 2652 5000 |
enquiry@icicipruamc.com | |
Website | https://www.icicipruamc.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Take the Guessing out of Investing
FAQs
What is today's NAV of ICICI Prudential ELSS Tax Saver Fund?
What is the AUM of ICICI Prudential ELSS Tax Saver Fund?
What is the expense ratio of ICICI Prudential ELSS Tax Saver Fund?
What are the returns of ICICI Prudential ELSS Tax Saver Fund since inception?
What is the minimum SIP amount to invest in ICICI Prudential ELSS Tax Saver Fund?
How do I invest in ICICI Prudential ELSS Tax Saver Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in ICICI Prudential ELSS Tax Saver Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in ICICI Prudential ELSS Tax Saver Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in ICICI Prudential ELSS Tax Saver Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.