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ICICI Prudential Long Term Wealth Enhancement Fund download report


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.70 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
ICICI Pru Long Term Wealth Enhancement Fund-G 10.56 0.70 0.70 7.25 13.26 7.38 17.74 19.25 -- -- --
S&P BSE 500 TRI 1.34 0.70 1.07 8.69 6.71 2.18 8.93 20.34 -- -- --
Equity: ELSS 1.33 0.55 1.43 8.46 7.60 1.78 10.42 26.55 -- -- --
Rank within category 1 4 16 16 1 1 2 17 -- -- --
Number of funds in category 19 19 19 19 19 19 19 19 11 5 1

As on 08-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Long Term Wealth Enhancement Fund
Unrated
Mar-18 17.74 19.25 -- 1.39 35
UTI Master Equity Plan Unit Scheme
Unrated
Mar-03 5.36 15.98 10.04 1.46 2,129

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 11.66 26-May-2020 - 02-Jun-2020 -20.59 16-Mar-2020 - 23-Mar-2020
Month 19.82 22-May-2020 - 23-Jun-2020 -39.61 20-Feb-2020 - 23-Mar-2020
Quarter 33.33 19-May-2020 - 18-Aug-2020 -37.58 23-Dec-2019 - 23-Mar-2020
Year 84.60 23-Mar-2020 - 23-Mar-2021 -32.05 04-Apr-2019 - 03-Apr-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
ICICI Pru Long Term Wealth Enhancement Fund-G 19.92 24.58 0.67 0.68 1.02 -0.73
S&P BSE 500 TRI 20.28 22.43 0.75 0.86 -- --
Equity: ELSS 25.96 24.76 0.91 0.95 1.02 5.31
Rank within category 17 12 18 18 13 18
Number of funds in category 19 19 19 19 19 19

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jul-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 22
Top 10 Stocks (%) 68.33
Top 5 Stocks (%) 44.03
Top 3 Sectors (%) 64.12
Portfolio P/B Ratio 3.97
Portfolio P/E Ratio 28.55

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,86,811 99,836
Giant (%) 58.86 41.47
Large (%) 12.68 15.35
Mid (%) 21.98 24.03
Small (%) 6.48 19.15
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down ICICI Bank Financial 21.32 10.28 3.66 9.94
down TVS Motor Company Automobile 42.47 10.61 3.25 9.60
equal HDFC Bank Financial 20.55 10.99 7.11 9.23
up Reliance Industries Energy 26.18 7.65 0.00 7.65
equal Mahindra & Mahindra Automobile 18.93 7.70 0.00 7.61
equal Avenue Supermarts Services 135.03 7.62 4.23 6.53
equal State Bank of India Financial 13.05 5.24 2.27 5.23
equal Tata Consultancy Services Technology 31.71 5.01 0.00 4.70
equal Bharti Airtel Communication 76.09 6.21 0.00 4.41
equal KNR Constructions Construction 19.06 5.24 2.65 3.42
equal Motherson Sumi Systems Automobile 76.60 7.54 2.80 2.80
equal Sun Pharmaceutical Industries Healthcare 56.85 2.73 0.00 2.71
equal Barbeque-Nation Hospitality Services 141.10 3.35 0.00 2.67
equal United Breweries Consumer Staples 86.33 4.46 2.11 2.58
equal Trent Services 441.01 6.00 1.99 2.52
down PVR Services -- 5.65 2.17 2.17
equal Endurance Technologies Automobile 44.07 2.17 0.00 2.07
equal Axis Bank Financial 14.10 4.16 1.93 2.04
equal HCL Technologies Technology 19.05 2.45 0.00 1.78
equal Motherson Sumi Wiring India Automobile 61.13 1.70 0.00 1.70
equal Britannia Inds. Consumer Staples 59.52 3.64 0.99 1.49
equal Titan Company Consumer Discretionary 73.40 5.15 0.92 1.03
equal Bharti Airtel Ltd. PPE Communication -- 0.17

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jul-2022

Fund Manager

— Rajat Chandak since 22-Dec-2017

Education: Mr. Chandak is a B.Com (H) and MBA.

Experience: He has been associated with ICICI Prudential AMC since 2008.

Funds Managed:


0.70%

Change from previous, NAV as on 08-Aug-2022

Growth: ₹ 17.1700

IDCW: ₹ 17.1700


Investment Strategy

The Scheme seek to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme.

Investment Details

Tenure (Days) 3650
Maturity date 21-Mar-2028

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 22-Mar-2018
Return Since Launch: 13.12%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Closed-end

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Fax: 022-26528100

Website: http://www.icicipruamc.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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