ICICI Prudential ELSS Tax Saver Direct Plan Growth

Equity
ELSS
Very High Risk
3Y Lock In
20.73%
3Y annualised
+0.57% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Dec 2023₹790.30
Min. SIP amount₹500
Rating2
Fund size₹11,062.18Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns14.8%20.7%15.9%15.8%
Category average16.9%19.9%15.6%NA
Rank with in category261720NA
Understand terms

Holdings (54)

NameSectorInstrumentAssets
FinancialEquity8.0%
FinancialEquity5.8%
CommunicationEquity5.4%
AutomobileEquity5.3%
FinancialEquity5.1%
ServicesEquity5.1%
TechnologyEquity4.4%
FinancialEquity3.6%
ConstructionEquity3.2%
EnergyEquity3.1%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
1Y annualised returns lower than category average by 2.11%
Lower expense ratio: 1.08%
Lock-in period: 3Y
3Y, 5Y and 10Y annualised returns higher than category average
Low rating: 2
Higher alpha: 1.35 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 1.08%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Sharmila D’mello
Jul 2022 - Present
View details

Education
Ms. D'mello is CA and BAF
Experience
She joined ICICI Prudential AMC Limited in September 2016.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
022-26525000 / 1800-222-999 / 1800-200-6666
Launch Date
12 Oct 1993
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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