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ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 69/100 · Good
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)11.88%
- Expense ratio (20%)1.21%
- AUM (15%)₹14,064 Cr
Not investment advice — an analytical read of public fund data. Methodology →
ICICI Prudential Mutual Fund · Equity · ELSS- Tax Saver Fund
₹1,041.86
AUM: ₹14,064 Cr
NAV updated 25 days ago
Plan
Direct
Option
Growth
Risk
High
Expense Ratio
1.21%
Exit Load
Nil
Fund Manager
George Heber Joseph
Inception
Jan 2013
Benchmark
NIFTY 500 Total Return Index
Sharpe Ratio
-0.43
Std Dev (1Y)
13.51%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-1.24%
3m
+5.07%
6m
+1.24%
1y
+1.08%
3y
+11.88%
5y
+10.61%
10y
+12.73%
since inception
+14.71%
TopFund's Take on ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth
ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth holds up reasonably well within the ELSS- Tax Saver Fund category, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 69/100.
Cost: At 1.21%, the expense ratio runs 29% above the ELSS- Tax Saver Fund category average of 0.94%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.43 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 13.51% is fairly typical for ELSS- Tax Saver Fund funds.
Who should invest: This fund is best suited to investors looking to claim the ₹1.5 lakh Section 80C tax deduction, who are comfortable with the mandatory 3-year lock-in. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
Tools & Guides for This Fund
Frequently Asked Questions about ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth
The current NAV (Net Asset Value) of ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth is ₹1041.86. NAV is updated every business day after market close by AMFI.
1Y: 1.08% · 3Y CAGR: 11.88% · 5Y CAGR: 10.61%
The expense ratio of ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth is 1.21% per annum. This is the annual fee charged by the fund to manage your investment.
ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth is managed by George Heber Joseph at ICICI Prudential Mutual Fund.
ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth is a ELSS- Tax Saver Fund fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth is ₹14,064 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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