- Mutual Funds
- ICICI Mutual Fund
- ICICI Prudential Long Term Equity Fund Tax Saving (Growth)
Formerly ICICI Pru L/T Eq Fund ( Tax Sav) Reg Gr
ICICI Prudential Long Term Equity Fund Tax Saving (Growth)
₹ 626.01
NAV (Dec 06)
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 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.?
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Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 626.01
NAV (Dec 6)
Fund Returns
Last 1Y | 8.4% |
Last 3Y | 18% |
Last 5Y | 12.9% |
Last 10Y | 14.9% |
Since Inception | 19.4% |
6 Month CAGR | 12.7% |
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 | 1.92 |
Launched (23y ago) | Aug 19, 1999 |
AUM in Crores | 10404.516 |
ISIN | INF109K01464 |
Lock-in | 3 |
Benchmark | IISL Nifty 500 TR INR |
SIP Minimum | 500 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | 22.8 |
Standard Deviation (5yr) | 19.4 |
Beta (3yr) | 0.99 |
Beta (5yr) | 0.96 |
Sharpe Ratio (3yr) | 0.641 |
Sharpe Ratio (5yr) | 0.458 |
YTM | 0 |
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.
Asset allocation and Holdings
Top Stock Holdings
icici bank ltd
9%infosys ltd
6.2%axis bank ltd
5.4%bharti airtel ltd
5.1%hdfc bank ltd
4.3%Allocation by Sector
financial services
34.9%technology
15.4%consumer cyclical
9.8%industrials
7.4%communication services
6.8%Compare ICICI Prudential Long Term Equity Fund Tax Saving (Growth)
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 10,427 cr | ||
₹ 4,865 cr | ||
₹ 15,580 cr | ||
₹ 10,427 cr | ||
₹ 15,580 cr |
About the AMC
ICICI Prudential Asset Management Company Limited
ICICI Prudential Asset Management Company Limited manages assets worth 515,509 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 116 equity,529 debt and 64 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4% | 7.1% | ||
12.2% | 15.3% | ||
5% | 5.9% | ||
6.4% | 6.9% | ||
6.4% | 7.5% |
ICICI Prudential Long Term Equity Fund Tax Saving (G) Review
ICICI Prudential Long Term Equity Fund Tax Saving (G) is a Tax Saving Equity fund and has delivered an annualised return of 19.4% over a period of 23 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, Sharmila D'mello.
Nav of ICICI Prudential Long Term Equity Fund Tax Saving (G) as of 12/6/2022 is ₹626.01 with the total AUM as of 12/7/2022 is ₹10404.516. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Long Term Equity Fund Tax Saving (G) was launched on Aug 19, 1999. The category risk of the fund is Very High Risk.
The minimum SIP amount for ICICI Prudential Long Term Equity Fund Tax Saving (G) is ₹500 and you can increase this in multiples of ₹500. 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 Long Term Equity Fund Tax Saving (G) 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) is rated as a 3 fund in Equity and delivered 8.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ICICI Prudential Long Term Equity Fund Tax Saving (G).
Frequently Asked Questions
What is ICICI Prudential Long Term Equity Fund Tax Saving (G)?
How to invest in ICICI Prudential Long Term Equity Fund Tax Saving (G)?
You can invest in ICICI Prudential Long Term Equity Fund Tax Saving (G) 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 Long Term Equity Fund Tax Saving (G)?
The minimum sip amount for ICICI Prudential Long Term Equity Fund Tax Saving (G) is ₹500. You can invest in multiples of ₹500.
Is ICICI Prudential Long Term Equity Fund Tax Saving (G) good to invest in?
As per Scripbox experts, ICICI Prudential Long Term Equity Fund Tax Saving (G) is a Neutral fund. You can investICICI Prudential Long Term Equity Fund Tax Saving (G) 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 Long Term Equity Fund Tax Saving (G)?
The expense ratio of the ICICI Prudential Long Term Equity Fund Tax Saving (G) is 1.92% for regular plan.