- Mutual Funds
- ICICI Mutual Fund
- ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q)
Formerly ICICI Pru Long Term Eq(TaxSav)Dir IDCW-R
ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q)
₹ 43.27
NAV (Apr 19)
Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 43.27
NAV (Apr 19)
Fund Returns
Last 1Y | 33.5% |
Last 3Y | 18.3% |
Last 5Y | 15.7% |
Last 10Y | 15.7% |
Since Inception | 15.7% |
6 Month CAGR | 14% |
Scheme Information
To generate long-term capital appreciation through investments made primarily in equity and equity related securities of companies. However,there is no assurance or guarantee that the investment objective of the Scheme would be achieved.
Expense Ratio | 1 |
Launched (11y ago) | Jan 01, 2013 |
AUM in Crores | 13084.460 |
ISIN | INF109K01Y23 |
Lock-in | 3 |
Benchmark | Nifty 500 TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | 12.2 |
Standard Deviation (5yr) | 19.1 |
Beta (3yr) | 0.89 |
Beta (5yr) | 0.98 |
Sharpe Ratio (3yr) | 1.008 |
Sharpe Ratio (5yr) | 0.616 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q) | 10,84,299 | 3,51,687 | 15.7% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
icici bank ltd
8.1%bharti airtel ltd
5.9%maruti suzuki india ltd
5.4%hdfc bank ltd
5.4%avenue supermarts ltd
5.3%Allocation by Sector
financial services
31.2%consumer cyclical
13.6%healthcare
11%consumer defensive
9.5%industrials
7.7%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 21,475 cr | ||
₹ 14,075 cr | ||
₹ 17,313 cr | ||
₹ 53,505 cr | ||
₹ 41,281 cr |
About the AMC
ICICI Prudential Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.4% | 7.1% | ||
8.5% | 15.8% | ||
21.2% | 15.2% | ||
26.2% | 20.5% | ||
0.2% | 11.7% |
ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q) Review
ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q) is a Tax Saving Equity fund and has delivered an annualised return of 15.7% over a period of 11 years. The fund was previously known as ICICI Pru Long Term Eq(TaxSav)Dir IDCW-R. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Mittul Kalawadia, Sharmila D'mello.
Nav of ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q) as of 4/19/2024 is ₹43.27 with the total AUM as of 4/19/2024 is ₹13084.46. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q) was launched on Jan 01, 2013. The category risk of the fund is Very High Risk.
The minimum SIP amount for ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹500. Check your estimated returns on mutual funds by using sip calculator.
ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty 500 TR INR.
ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q) is rated as a 3 fund in Equity and delivered 33.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q).
Frequently Asked Questions
What is ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q)?
How to invest in ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q)?
You can invest in ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q)?
The minimum sip amount for ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q) is ₹0. You can invest in multiples of ₹500.
Is ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q) good to invest in?
As per Scripbox experts, ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q) is a Neutral fund. You can investICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q)?
The expense ratio of the ICICI Prudential ELSS Tax Saver Fund Direct Plan (RIDCW-Q) is 1% for regular plan.