Formerly ICICI Pru L/T Eq Fund ( Tax Sav) Reg Gr
₹ 491.46
NAV (Mar 05)
Top Ranked
Scripbox recommends other funds for investment in tax saving.
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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).
Track Record
22 Years. The fund has an Extended history for analysis and the track record is excellent.
Relative Size
7,598 Cr. Category leader in size
Category View
Positive. The category has a positive investment outlook
Consistency Of Performance
Good. The historical performance of the fund has been good
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
No single fund can achieve what a plan can. Learn why
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
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Moderately High Risk
2.06 %
Expense Ratio
Aug 19, 1999
Launched (22y ago)
₹ 7,598
AUM in Crores
INF109K01464
ISIN
3
Lock-in
IISL Nifty 500 TR INR
Benchmark
₹ 500
SIP Minimum
₹ 500
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 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.
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
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About the AMC
ICICI Prudential Asset Management Company Limited
ICICI Prudential Asset Management Company Limited manages assets worth 397,926 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 104 equity,526 debt and 64 hybrid funds.
Large Cap
Recommended
Top Ranked
₹ 25,513 Cr
Fund Size
11.8%
3Y returns
Low Duration
Recommended
Top Ranked
₹ 26,705 Cr
Fund Size
8%
3Y returns
Large Cap
Top Ranked
₹ 25,513 Cr
Fund Size
0.2%
3Y returns
Low Duration
Top Ranked
₹ 26,705 Cr
Fund Size
6.7%
3Y returns
Low Duration
Top Ranked
₹ 26,705 Cr
Fund Size
4.8%
3Y returns
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
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ICICI Prudential Long Term Equity Fund Tax Saving (G) is a tax saving equity fund and has delivered an annualised return of 19.8% over a period of 22 years .The fund was previously known as ICICI Pru L/T Eq Fund ( Tax Sav) Reg Gr.The fund is managed by ICICI Prudential Asset Management Company Limited.The fund managers are Harish Bihani, Priyanka Khandelwal, Sankaran Naren
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 However, there is no assurance that the objective of the scheme will be realized.
The ICICI Prudential Long Term Equity Fund Tax Saving (G) fund was launched on Aug 19, 1999. The NAV (Net Asset Value) of this tax saving equity as of 2021-03-05 is ₹ 491.46. The total AUM (Asset Under Management) of the fund as of 2021-03-06 is ₹ 7597.014. The category risk of the ICICI Prudential Long Term Equity Fund Tax Saving (G) fund is Moderately High Risk. The fund charges 2.06 % as expense ratio.
The fund’s highest allocation is towards equity and has invested 98.7% in this asset class. The top three holdings of the fund are bharti airtel ltd,hdfc bank ltd and icici bank ltd
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 500 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.
This fund 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 IISL Nifty 500 TR INR
ICICI Prudential Long Term Equity Fund Tax Saving (G) has a score of 4 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, ICICI Prudential Long Term Equity Fund Tax Saving (G) has a score of 5 out of 5. Scipbox has rated this fund 4 out of 5 based on consistency of performance over various years / tenures.