ICICI Prudential Long Term Wealth Enhancement Fund

The fund details shown here are of the Growth Plan option and belongs to the Equity, ELSS Fund category.

The NAV for ICICI Prudential Long Term Wealth Enhancement Fund Fund is 22.170 as of 02 Jan 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 21.48% annualized return for the last 3 years.

At present ICICI Prudential Long Term Wealth Enhancement Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of      for

Below table shows comparison of ICICI Prudential Long Term Wealth Enhancement Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of 36,000 over the period of 3 years.

Total Value Gain Return %
Bank FD

39,824

3,824

6.5%
Gold

40,770

4,770

8.00%

Fund Information

  • -

  • ICICI Prudential Long Term Wealth Enhancement Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 1.37%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • ICICI Prudential Long Term Wealth Enhancement Fund is an Equity oriented mutual fund in the - ELSS Fund category.

  • NIFTY 500 TRI is the benchmark for ICICI Prudential Long Term Wealth Enhancement Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 22 Mar 2018 as at present it is 6 years old fund.

  • Name of the AMC is ICICI Prudential Mutual Fund. Click here to know more about ICICI Prudential Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. ICICI Prudential Long Term Wealth Enhancement Fund managed by following fund manager(s);

How does the Return Comparison of the ICICI Prudential Long Term Wealth Enhancement Fund fare against peer funds in the ELSS fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by ICICI Prudential Long Term Wealth Enhancement Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Equity, ELSS fund category these peer funds belongs to.

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 5.07% 22.64% 25.54% 28.65% 14.91% 34.69% 24.20% 24.00%
Category Average 2.65% 12.71% 15.46% 16.55% 7.76% 24.16% 14.17% 16.52%
ICICI Prudential Long Term Wealth Enhancement Fund 4.18% 10.52% 24.41% - - - - - -
SBI Long Term Equity Fund 3.58% 10.72% 30.53% 59.87% 31.51% 28.26% 21.45% 16.93%
Kotak ELSS Tax Saver Fund 3.40% 9.70% 19.47% 38.94% 20.59% 21.09% 18.89% 17.71%
Bank Of India ELSS Tax Saver Fund 4.82% 10.89% 31.34% 54.93% 26.39% 25.01% 25.35% 18.87%
Bandhan ELSS Tax Saver Fund 1.71% 4.95% 16.59% 38.99% 18.50% 22.59% 19.86% 18.01%
Quant ELSS Tax Saver Fund 6.71% 11.10% 35.27% 61.56% 25.60% 30.51% 31.80% 25.21%

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of ICICI Prudential Long Term Wealth Enhancement Fund are shown below;

Equity -

Debt %

Others 0.00%

Top Equity Holdings

Name of the EquityHolding Percentage
Others 100.00%

Allocation by Sector

Name of the SectorHolding Percentage
Others 100.00%

Riskometer

Investors understand that their principal
will be at Very High risk