FAQ : ICICI Prudential Long Term Wealth Enhancement Fund - Growth - Direct Plan

ICICI Prudential Long Term Wealth Enhancement Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 40.82 21.59 19.74 N/A
Average Rolling Returns(%) 17.90 19.10 15.19 N/A

The Current NAV of ICICI Prudential Long Term Wealth Enhancement Fund - Growth - Direct Plan is ₹25.68.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark NIFTY 200 returns, as Funds portfolio is significantly different.

ICICI Prudential Long Term Wealth Enhancement Fund - Growth - Direct Plan fund’s expense ratio is 1.00%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of ICICI Prudential Long Term Wealth Enhancement Fund - Growth - Direct Plan is currently ₹38 Crores.

The Top three stocks are TVS Motor, ICICI Bank and Maruti Suzuki and account for 27% of its portfolio. Top 5 and 10 stocks of fund account for 42% and 70% of fund’s portfolio respectively.

Top three sectors of ICICI Prudential Long Term Wealth Enhancement Fund - Growth - Direct Plan fund are Retail, BFSI and Auto accounting for 65% of the total portfolio.

Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of ICICI Prudential Long Term Wealth Enhancement Fund - Growth - Direct Plan Fund is Equity - ELSS.

Rajat Chandak manages the ICICI Prudential Long Term Wealth Enhancement Fund - Growth - Direct Plan Fund.

ICICI Prudential Long Term Wealth Enhancement Fund - Growth - Direct Plan current PE ratio is 53.73 and PB ratio is 9.87

The asset allocation of ICICI Prudential Long Term Wealth Enhancement Fund - Growth - Direct Plan is Stocks : 97.03%, Debt : 2.97% and Gold : 0%

The minimum SIP amount for ICICI Prudential Long Term Wealth Enhancement Fund - Growth - Direct Plan is N/A and minimum lumpsum is ₹500.00

The exit load for ICICI Prudential Long Term Wealth Enhancement Fund - Growth - Direct Plan is N/A

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