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  • ICICI Prudential ELSS Tax Saver Fund (RIDCW-A)

Formerly ICICI Pru Long Term Eq(TaxSav) IDCW-R

ICICI Mutual Fund

ICICI Prudential ELSS Tax Saver Fund (RIDCW-A)

EquityTax Saving

24.46

NAV (Jun 14)

14.8%
5 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in tax saving mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Good

The performance of the fund on a Fund Size metric has been Good

Outperformance Consistency

Satisfactory

The performance of the fund on a Outperformance Consistency metric has been Satisfactory

Invest in this fund
Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

NAV ()

Fund Returns

Last 1Y
NA
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
NA
6 Month CAGR
NA

Scheme Information

Investment Objective

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
1.72
Launched (25y ago)
Aug 19, 1999
AUM in Crores
13110.649
ISIN
INF109K01472
Lock-in
3
Benchmark
Nifty 500 TR INR
SIP Minimum
0
Lumpsum Min.
500
Standard Deviation (3yr)
12.1
Standard Deviation (5yr)
19.2
Beta (3yr)
0.89
Beta (5yr)
0.98
Sharpe Ratio (3yr)
0.748
Sharpe Ratio (5yr)
0.529
YTM
0
Fund Managers

Sharmila D'mello

Fund Manager

Mittul Kalawadia

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
ICICI Prudential ELSS Tax Saver Fund (RIDCW-A)70%10,58,906 3,26,29414.8%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-06-14

Top Stock Holdings

icici bank ltd

8.2%
8.2%

hdfc bank ltd

5.6%
5.6%

maruti suzuki india ltd

5.3%
5.3%

avenue supermarts ltd

5.1%
5.1%

bharti airtel ltd

5%
5%
See all holdings

Allocation by Sector

financial services

31.2%
31.2%

consumer cyclical

13.6%
13.6%

healthcare

11.3%
11.3%

consumer defensive

8.8%
8.8%

industrials

8.6%
8.6%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
Mirae Asset ELSS Tax Saver Fund (G)
Mirae Asset ELSS Tax Saver Fund (G)

₹ 22,620 cr

₹ 19,454 cr

₹ 15,161 cr

₹ 55,459 cr

₹ 42,669 cr

amc-img

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 748,896 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 163 equity,554 debt and 65 hybrid funds.amc-img
phone-img022-26525000
Fund NameScripbox Opinion
Till Date CAGR

5.7%

7.1%

8.7%

15.7%

20.6%

15.5%

24.4%

20.7%

0.2%

11.7%

ICICI Prudential ELSS Tax Saver Fund (RIDCW-A) Review

ICICI Prudential ELSS Tax Saver Fund (RIDCW-A) is a Tax Saving Equity fund and has delivered an annualised return of 18.9% over a period of 24 years. The fund was previously known as ICICI Pru Long Term Eq(TaxSav) 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 (RIDCW-A) as of 6/14/2024 is ₹24.46 with the total AUM as of 6/14/2024 is ₹13110.649. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential ELSS Tax Saver Fund (RIDCW-A) was launched on Aug 19, 1999. The category risk of the fund is Very High Risk.

The minimum SIP amount for ICICI Prudential ELSS Tax Saver Fund (RIDCW-A) 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 (RIDCW-A) 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 (RIDCW-A) is rated as a 3 fund in Equity and delivered 20.3% 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 (RIDCW-A).

Frequently Asked Questions

What is ICICI Prudential ELSS Tax Saver Fund (RIDCW-A)?

ICICI Prudential ELSS Tax Saver Fund (RIDCW-A) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in ICICI Prudential ELSS Tax Saver Fund (RIDCW-A)?

You can invest in ICICI Prudential ELSS Tax Saver Fund (RIDCW-A) 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 (RIDCW-A)?

The minimum sip amount for ICICI Prudential ELSS Tax Saver Fund (RIDCW-A) is ₹0. You can invest in multiples of ₹500.

Is ICICI Prudential ELSS Tax Saver Fund (RIDCW-A) good to invest in?

As per Scripbox experts, ICICI Prudential ELSS Tax Saver Fund (RIDCW-A) is a Neutral fund. You can investICICI Prudential ELSS Tax Saver Fund (RIDCW-A) 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 (RIDCW-A)?

The expense ratio of the ICICI Prudential ELSS Tax Saver Fund (RIDCW-A) is 1.72% for regular plan.