Equity · Equity Scheme - ELSS
ICICI Prudential Long Term Wealth Enhancement Fund
Open in live screener →Key metrics
Latest NAV
₹30.11
Day change
-0.66%
Volatility
17.2%
Sharpe
-0.49
Max drawdown
-39.5%
Expense ratio
0.66%
AUM
₹7 Cr
Category rank
21 / 30
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -3.59% | -4.99% | 4.84% | 3.12% | -1.92% | 13.28% | 14.01% | 16.71% | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
ICICI Prudential Long Term Wealth Enhancement Fund is a tax-saving (ELSS) equity fund offered by ICICI Prudential Mutual Fund, classified under Equity as Equity Scheme - ELSS. ELSS funds carry equity-market risk and a statutory three-year lock-in. Its latest NAV is ₹30.11, with assets under management of about ₹7 Cr (April - June 2026).
Performance analysis
Over the trailing one year, ICICI Prudential Long Term Wealth Enhancement Fund has recorded a return of about -1.9%, with a three-year return of 13.3% and a five-year return of 14.0%. Its annualised volatility is 17.2% — relatively large fluctuations — and its Sharpe ratio is -0.49, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.66%, deducted daily from the NAV.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 17.16 | 12.38 | -31.96 | 85.35 | 87% | 51% |
| 3Y | 19.39 | 19.44 | 6.07 | 33.89 | 100% | 92% |
| 5Y | 19.17 | 18.80 | 10.62 | 30.75 | 100% | 96% |
| 7Y | 16.18 | 15.89 | 13.87 | 18.80 | 100% | 100% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does ICICI Prudential Long Term Wealth Enhancement Fund invest in?
It invests primarily in a diversified equity portfolio eligible for tax deduction under Section 80C.
How is this fund classified?
It is a Equity Scheme - ELSS fund in the Equity group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
0.66% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Equity Scheme - ELSS
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| SBI Long Term Advantage Fund - Series V Equity Scheme - ELSS | -2.22 | 8.13 | 9.52 | 4.48 | 20.75 | 15.96 | – | 0.86 |
| Sundaram Long Term Tax Advantage Fund Series III Equity Scheme - ELSS | -1.99 | 5.10 | 18.36 | 13.18 | 13.11 | 17.76 | – | 0.80 |
| Sundaram Long Term Tax Advantage Fund Series IV Equity Scheme - ELSS | -2.43 | 4.66 | 17.70 | 12.72 | 13.27 | 17.90 | – | 0.83 |
| SBI Long Term Advantage Fund - Series VI Equity Scheme - ELSS | -1.45 | 6.42 | 6.85 | 1.00 | 9.91 | 12.71 | – | 0.86 |
| BANK OF INDIA MID CAP TAX FUND Series 2 Equity Scheme - ELSS | 1.83 | 9.39 | 16.44 | 8.91 | 14.32 | 11.41 | – | 0.75 |
| Shriram ELSS Tax Saver Fund Equity Scheme - ELSS | -3.25 | 2.76 | 2.20 | 1.12 | 7.72 | 7.53 | – | 0.66 |
| Parag Parikh ELSS Tax Saver Fund Equity Scheme - ELSS | -2.66 | 1.08 | -2.31 | -7.37 | 9.24 | 11.59 | – | 0.54 |
| ITI ELSS Tax Saver Fund Equity Scheme - ELSS | -0.63 | 8.02 | 14.82 | 8.77 | 17.63 | 13.50 | – | 0.62 |
More funds from ICICI Prudential
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| ICICI Prudential FMCG Fund Sectoral/Thematic - FMCG | -6.57 | -3.74 | -7.78 | -19.05 | -3.25 | 5.02 | 8.80 | 1.17 |
| ICICI Prudential Gilt Fund Debt Scheme - Gilt Fund | -0.62 | 2.53 | 2.77 | 5.05 | 7.28 | 6.66 | 7.54 | 0.49 |
| ICICI Prudential Small Cap Fund Equity Scheme - Small Cap Fund | 0.07 | 7.22 | 13.54 | 4.69 | 10.97 | 14.93 | 16.17 | 0.70 |
| ICICI Prudential ELSS - Tax Saver Fund Equity Scheme - ELSS - Tax Saver Fund | -2.59 | 4.74 | 2.33 | 0.09 | 11.30 | 10.51 | 12.63 | 0.95 |
| ICICI Prudential Technology Fund Sectoral/Thematic - Technology/IT | -2.18 | 6.37 | 6.54 | -6.41 | 6.30 | 4.14 | 17.62 | 0.89 |
| ICICI Prudential Large & Mid Cap Fund Equity Scheme - Large & Mid Cap Fund | -2.32 | 6.05 | 4.40 | 5.11 | 16.07 | 17.03 | 15.51 | 0.67 |
| ICICI Prudential Multi Cap Fund Equity Scheme - Multi Cap Fund | -1.62 | 4.27 | 11.12 | 10.82 | 16.21 | 15.41 | 14.85 | 0.78 |
| ICICI Prudential Dynamic Term Fund Income/Debt Oriented Schemes - Dynamic Term Fund | -0.11 | 2.38 | 3.11 | 5.94 | 7.81 | 7.12 | 8.06 | – |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.