ICICI Prudential Long Term Wealth Enhancement Fund Growth

• Alpha -3.40%
• Beta 1.08
• Sharpe Ratio0.86
• Std Deviation 13.23%
• Tracking Error 8.41%

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 37.80 crores & has delivered CAGR of 27.87% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.39%. 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 Medium & Exceptional respectively.

The top holdings of the fund include Icici Bank, Tvs Motor Co, Hdfc Bank & Maruti Suzuki India.

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 Tax Advantage Fund Series III Regular Growth, ICICI Prudential Long Term Wealth Enhancement Fund Growth, Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular Growth, Groww ELSS Tax Saver Growth, Shriram ELSS Tax Saver Fund Regular Growth. ICICI Prudential Long Term Wealth Enhancement Fund Growth has a sharpe ratio of 0.86 & a standard deviation of 13.23%.