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

Fund House: ICICI Prudential Mutual Fund
Category: Equity: ELSS
Launch Date: 19-08-1999
Asset Class: Equity
Benchmark: NIFTY 500 TRI
Expense Ratio: 1.82% As on (31-03-2021)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 8,310.4 Cr As on (31-03-2021)
Turn over: 42% | Exit Load: Nil

485.06

19.56%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 500 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 4 Months
5 Years 3 Months
5 Years 8 Months
6 Years 8 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme seeks long-term capital appreciation by investing approximately 90 per cent of the investments in equity instruments, while the balance 10 per cent would be a parked in debt and money market instrument and cash ( Including-money at call).

Current Asset Allocation (%)

Indicators

Volatility 13.18
Sharp Ratio 0.67
Alpha -6.33
Beta 0.93
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth 19-08-1999 60.56 13.08 10.82 12.97 13.27
quant Tax Plan - Growth Option - Regular Plan 01-04-2000 123.75 39.34 25.41 22.92 14.75
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 87.85 18.75 9.76 16.14 15.03
Mirae Asset Tax Saver Fund-Regular Plan-Growth 05-12-2015 74.63 21.96 16.33 21.23 -
Franklin India Taxshield-Growth 05-04-1999 69.84 12.13 8.65 11.36 13.16
Parag Parikh Tax Saver Fund- Regular Growth 08-07-2019 69.26 - - - -
JM Tax Gain Fund (Regular) - Growth option 31-03-2008 68.99 18.09 12.02 16.46 13.36
BOI AXA Tax Advantage Fund-Regular Plan- Growth 25-02-2009 68.86 29.52 12.69 18.5 14.31
DSP Tax Saver Fund - Regular Plan - Growth 05-01-2007 67.1 18.89 13.49 16.28 15.0
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 05-09-2005 66.01 7.0 2.35 8.08 11.64

Scheme Characteristics

Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

14.23%

Others

3.92%

Large Cap

75.67%

Mid Cap

6.16%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

Feedback
Notification