ICICI Prudential ELSS Tax Saver Fund (Tax Saving)- IDCW

ICICI Prudential ELSS Tax Saver Fund (Tax Saving)- IDCW is a scheme launched by ICICI Mutual Fund on August 19, 1999, and falls under the ELSS fund category. It currently manages an AUM of Rs 14,403.12 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 500. It charges an expense ratio of 1.72% for managing the portfolio.

• Investing Strategy:

  An open ended equity linked saving scheme. Objective is to generate long term capital apprecition.

• Performance:

  ICICI Prudential ELSS Tax Saver Fund (Tax Saving)- IDCW trailing returns over different times are -0.02% (1 year), 15.35% (3 year) and 20.68% (5 year). The average annual return of this fund stands at 17.1%.