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Business News/Market/Market Stats/    ICICI Prudential Long Term Wealth Enhancement Fund Growth

ICICI Prudential Long Term Wealth Enhancement Fund Growth

+
  • Equity
  • ELSS (Tax Savings)
  • Rating N.A.
  • Plan
24.44 -0.07 (-0.29%) NAV as on 18 Apr, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)39.44
  • CAGR 42.09%
  • Exit Load0.00%
  • Expense ratio1.40%
  • CategoryEquity
  • Min Investment500
  • Min SIP0
  • Launch Date2018-03-23

Morning Star Rating N.A.

Moderate
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 19 April 2024

  • Name
  • Value (Cr)
  • Holding %
View More

Risk & Volitility

  • Alpha -3.40%
  • Beta 1.08
  • Sharpe Ratio1.42
  • Std Deviation 11.84%
  • Tracking Error 8.41%

About Fund

The Scheme is a ten year close ended equity linked savings scheme that seeks to generate long-term capital appreciation to unit-holders from a portfolio that is invested predominantly in equity and equity related securities of large capitalization companies and emerging mid cap companies along with 1ome tax benefit. However, there can be no assurance that the investment objective of the Scheme will be realized.

 

The ICICI Prudential Long Term Wealth Enhancement Fund Growth has an AUM of 39.44 crores & has delivered CAGR of 17.64% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.40%. The minimum investment in ICICI Prudential Long Term Wealth Enhancement Fund Growth is Rs 500 and the minimum SIP is Rs 0.

 

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

 

The top holdings of the fund include TVS Motor Co, ICICI Bank, Maruti Suzuki India & Avenue Supermarts.

 

The major sectors where the fund is invested are Regional Banks, Recreational Products, Auto & Truck Manufacturers & Biotechnology & Drugs.

 

Some of the similar funds are Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular Growth, SBI Long Term Advantage Fund Series I Regular Growth, ICICI Prudential Long Term Wealth Enhancement Fund Growth, Groww ELSS Tax Saver Growth, Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth. ICICI Prudential Long Term Wealth Enhancement Fund Growth has a sharpe ratio of 1.42 & a standard deviation of 11.84%.

FAQs about ICICI Prudential Long Term Wealth Enhancement Fund Growth

According to the morning star rating ICICI Prudential Long Term Wealth Enhancement Fund Growth has a Moderate risk & Exceptional return.
ICICI Prudential Long Term Wealth Enhancement Fund Growth is managed by Rajat Chandak.
The expense ratio of ICICI Prudential Long Term Wealth Enhancement Fund Growth is 1.40%.
The 5 year annualized return on ICICI Prudential Long Term Wealth Enhancement Fund Growth is 17.64% & it has generated 42.09% in the last 1 year.
The minimum investment in ICICI Prudential Long Term Wealth Enhancement Fund Growth is 500 Rs.
ICICI Prudential Long Term Wealth Enhancement Fund Growth has an AUM of 39.44 crores.
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