ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth - Regular - Latest NAV [ ₹659.63 ], Returns, Performance, Portfolio & Returns 2022

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

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Direct

Growth

3 yr CAGR
+14.12%
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starstarstarstar4

Direct

Growth

3 yr CAGR
+14.12%
highlight
  • Save up to Rs 46,800 in taxes every year.
  • Highest returns compared to other 80C investments.
  • Lowest lock-in of 3 years
Tax Saving FDPPFELSS
Average Annualised Returns i
6%8%12%
Tax rates i
30%Not taxable10%*
Returns after tax i
4.2%8.00%10.80%
Current rate of Inflation i
4%4%4%
Real Rate of Return i
0.2%4.00%6.80%
Lock-in Period i
5 years15 years3 years
*Taxable @ 10% over and above Rs 1 lakh.

Fund overview

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Net Asset Value

₹659.63
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AUM (Fund size)

9,900.16 Crore
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Lock-in period

3 years
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Exit Load

0% in 0 days
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Expense ratio

1.19%
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Risk

Very High
Start your investment
Lumpsum
SIP
SIP+ NEW
Amount
Estimated value after 3 years

(as per historical returns)

2.47 Lakhs
Min investment of ₹500 required
risk

Top holdings

HoldingsWeightage
ICICI Bank Ltd9.05%
Infosys Ltd6.24%
Axis Bank Ltd5.15%
Treps4.93%
Bharti Airtel Ltd4.54%
HCL Technologies Ltd4.45%
SBI Cards and Payment Services Ltd Ordinary Shares4.43%
HDFC Bank Ltd4.36%
Reliance Industries Ltd3.77%
Avenue Supermarts Ltd3.21%

Calculate returns

Monthly (SIP)
One-Time
4000
20
yrs
₹4,000 invested monthly becomes 0 in a period of 20 years

Top Sectors

About ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Ltd. is one of the largest asset management company (AMC) in the country. It is a joint venture between ICICI Bank in India and Prudential Plc, in UK. It was started in 1993.

Managers

Priyanka Khandelwal, Harish Bihani

Custodians

Citibank NA

Address

ICICI Prudential Asset Mgmt.Company Limited 3rd Floor, Hallmark Business Plaza,

Fax Nos.

+91 22 26554165

Telephone Nos.

+91 22 26428000

Homepage

www.icicipruamc.com

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Start your investment
Lumpsum
SIP
SIP+ NEW
Amount
Estimated value after 3 years

(as per historical returns)

2.47 Lakhs
Min investment of ₹500 required
risk

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Frequently Asked Questions

What are equity funds?

Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization

What are large cap, mid cap, small cap and multi cap equity funds?

SEBI ranks all listed companies based on the overall market capitalization. Large-cap funds invest in top 100 companies Mid-cap funds invest in companies ranking from 101 to 250 Small-cap funds invest in companies ranking from 251st onwards. Multi-cap funds invest in small cap, mid cap and large cap companies

What are ELSS funds?

ELSS funds are tax saving mutual funds, in which majority of the funds are invested in equity schemes. ELSS has a lock-in period of 3 years.

What are Bluechip funds?

Bluechip funds are those funds that invest in stocks of well established companies which have proved to perform financially well over a long period of time.

What is a lock-in period?

It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options. Lock-in period is calculated from the date of investment. Meaning SIPs will have different lock-in dates

Is KYC necessary for BLACK?

KYC is necessary for all fund houses. If you are investing through BLACK, you need to do your KYC just once. The same KYC will be used for all further investments.

What is a Mandate (Auto-SIP)?

A Mandate is a one-time registration through which you instruct your bank account to deduct a specified amount of money from your account daily towards investing into a SIP portfolio. Once you register for Mandate, you don’t have to follow the payment process every time you invest in the SIP.