MyWealthGrowth.com logo
HomeMutual Funds

ICICI Prudential Long Term Equity Fund (Tax Saving)

ICICI Prudential Long Term Equity Fund (Tax Saving)

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

24.50

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,295 today.

Invest Now

NAV Performance

ICICI Prudential Long Term Equity Fund (Tax Saving) performance graph for last 3 years
Performance of ICICI Prudential Long Term Equity Fund (Tax Saving) for last 3 Years

Fund Information

  • ₹ 681.660

    as on 22 Sep 2023
  • Regular - Growth

  • 9 / 37

  • ₹ 500

  • ₹ 9,835 Cr.

    as on 31 May 2023
  • 1.81%

  • 19 Aug 1999

  • Equity - ELSS

  • Nifty 500 TRI

  • ICICI prudential Mutual Fund

    Show All Funds
  • Data not available.

Highlights of this fund

ICICI Prudential Long Term Equity Fund (Tax Saving) is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 19 Aug 1999. This fund is offered by one of the top AMC (Assets Management Company) ICICI prudential Mutual Fund. You can also view here all other Equity funds offered by ICICI prudential Mutual Fund.

Latest NAV of the fund is ₹ 681.660 as on 22 Sep 2023.

This fund has 24 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.81%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.

Fund Objective

An open ended equity linked saving scheme. Objective is to generate long term capital apprecition.

List of Fund Managers of ICICI Prudential Long Term Equity Fund (Tax Saving)

  • About Harish Bihani

    Picture of Harish BihaniMr. Bihani has done MBA in Finance Prior to joining ICICI Prudential Mutual Fund, he has worked with SBI Mutual Fund, Kotak Instituitional Equities, CIMB Securities, RBS Equities India Pvt. Ltd., Indiabulls Securities Ltd. and Reliance Equities International Pvt. Ltd.
  • About Sharmila D’mello

    Picture of Sharmila D’melloMs. D'mello is CA and BAF She joined ICICI Prudential AMC Limited in September 2016.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 4.75% 11.13% 25.95% 26.21% 32.94% 34.63% 24.02% 23.88% 37.19% 24.83% 23.35% 29.58% 22.88%
Category Average 2.08% 7.00% 18.95% 14.97% 9.09% 23.43% 13.43% 16.23% 23.94% 15.54% 16.51% 17.67% 14.29%
ICICI Prudential Long Term Equity Fund (Tax Saving) 2.36%₹ 10,236 6.59%₹ 10,659 18.80%₹ 11,879 13.88%₹ 11,388 21.77%₹ 13,371 7.10%₹ 11,470 13.79%₹ 27,533 24.50%₹ 19,295 15.80%₹ 45,499 12.80%₹ 18,275 17.08%₹ 91,936 16.14%₹ 44,716 13.83%₹ 2,47,076
Quant Tax Plan 2.94%₹ 10,293 10.59%₹ 11,059 22.67%₹ 12,266 8.73%₹ 10,873 24.21%₹ 13,520 13.60%₹ 12,904 18.03%₹ 28,654 34.63%₹ 24,399 23.35%₹ 50,575 24.02%₹ 29,375 29.58%₹ 1,24,236 23.88%₹ 85,294 22.88%₹ 4,02,701
Kotak Tax Saver Fund 2.07%₹ 10,207 7.43%₹ 10,742 18.37%₹ 11,837 15.68%₹ 11,567 24.00%₹ 13,507 11.37%₹ 12,403 17.36%₹ 28,475 25.31%₹ 19,675 18.36%₹ 47,184 15.80%₹ 20,840 19.32%₹ 97,112 17.49%₹ 50,207 15.69%₹ 2,73,129
Mirae Asset Tax Saver Fund 2.06%₹ 10,205 7.61%₹ 10,761 19.75%₹ 11,974 15.83%₹ 11,582 24.46%₹ 13,535 7.39%₹ 11,531 14.78%₹ 27,793 24.33%₹ 19,218 16.06%₹ 45,667 16.38%₹ 21,369 19.15%₹ 96,708 - -
IDFC Tax Advantage (elss) Fund 1.43%₹ 10,143 7.96%₹ 10,795 21.34%₹ 12,134 18.67%₹ 11,867 27.81%₹ 13,738 12.77%₹ 12,718 18.74%₹ 28,844 30.96%₹ 22,461 21.42%₹ 49,243 16.19%₹ 21,195 22.65%₹ 1,05,277 18.51%₹ 54,755 16.97%₹ 2,92,511
BOI AXA Tax Advantage Fund 4.24%₹ 10,423 10.53%₹ 11,053 23.71%₹ 12,371 16.90%₹ 11,689 30.00%₹ 13,870 8.07%₹ 11,679 18.60%₹ 28,805 25.92%₹ 19,964 18.96%₹ 47,585 18.15%₹ 23,048 22.27%₹ 1,04,305 17.55%₹ 50,484 17.09%₹ 2,94,437

Portfolio Holdings

Portfolio holdings pattern of ICICI Prudential Long Term Equity Fund (Tax Saving) as on 23 Sep 2023 are listed below:

  • Equity Holdings:

    90.91%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    9.07%

Top Sector Holdings of ICICI Prudential Long Term Equity Fund (Tax Saving)

Name of SectorHolding PercentageHolding Values in Crore
Banks 20.98% ₹ 2,224.54 Cr.
Computers - Software 7.98% ₹ 845.78 Cr.
Passenger/Utility vehicles 5.39% ₹ 703.70 Cr.
Retailing 5.76% ₹ 611.03 Cr.
NBFC 5.72% ₹ 606.63 Cr.
Others 54.17% -

Top Stock Holdings of ICICI Prudential Long Term Equity Fund (Tax Saving)

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 8.68% ₹ 919.84 Cr.
Axis Bank Ltd. 5.32% ₹ 564.15 Cr.
Bharti Airtel Ltd. 4.95% ₹ 524.79 Cr.
Avenue Supermarts Ltd. 4.73% ₹ 501.75 Cr.
Maruti Suzuki India Ltd. 4.63% ₹ 490.36 Cr.
Others 71.69% -

Other Holdings

Holding TypeHolding Percentage
TREPS 8.87%
Net Receivables 0.20%