Previously Known As : Icici Prudential Long Term Equity Fund (Tax Saving)
Icici Prudential Elss Tax Saver Fund Datagrid
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 16
Rating
Growth Option 27-07-2026
NAV ₹929.8(R) +1.04% ₹1038.62(D) +1.04%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 1.25% 11.54% 11.63% 14.24% 12.28%
Direct 1.88% 12.25% 12.36% 15.0% 13.17%
Nifty 500 TRI 2.3% 12.11% 12.34% 15.43% 13.47%
SIP (XIRR) Regular 0.47% 6.19% 10.29% 13.01% 12.74%
Direct 1.08% 6.87% 11.01% 13.76% 13.53%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.45 0.22 0.47 0.34% 0.08
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.94% -20.94% -16.33% 0.85 10.34%
Fund AUM As on: 30/12/2025 14803 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
quant Elss Tax Saver Fund 2
SBI ELSS Tax Saver Fund 3
Baroda BNP Paribas ELSS Tax Saver Fund 4
HSBC Elss Tax Saver Fund 5
Whiteoak Capital Elss Tax Saver Fund 6
JM ELSS Tax Saver Fund 7
Nippon India ELSS Tax Saver Fund 8

NAV Date: 27-07-2026

Scheme Name NAV Rupee Change Percent Change
ICICI Prudential ELSS Tax Saver Fund - IDCW 21.18
0.2200
1.0500%
ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW 44.6
0.4600
1.0400%
ICICI Prudential ELSS Tax Saver Fund - Growth 929.8
9.5300
1.0400%
ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth 1038.62
10.6900
1.0400%

Review Date: 27-07-2026

Beginning of Analysis

ICICI Prudential ELSS Tax Saver Fund is the 5th ranked fund in the ELSS (Tax Saving) Fund category. The category has total 35 funds. The 5 star rating shows an excellent past performance of the ICICI Prudential ELSS Tax Saver Fund in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of 0.34% which is higher than the category average of -0.29%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.45 which is higher than the category average of 0.38.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
ELSS (Tax Saving) Mutual Funds are ideal for taxpayers seeking to save taxes under Section 80C while aiming for long-term wealth creation through equity investments. These funds offer a tax deduction of up to ₹1.5 lakh per financial year and have the shortest lock-in period of 3 years among all Section 80C options. However, being equity-oriented, they are subject to market risks and do not offer guaranteed returns. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in ELSS funds. Additionally, the tax implications of long-term capital gains should be considered.

ICICI Prudential ELSS Tax Saver Fund Return Analysis

The ICICI Prudential ELSS Tax Saver Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its ELSS (Tax Saving) Fund peers and the Nifty 500 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the ELSS (Tax Saving) Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of 0.45%, 1.44 and 1.37 in last one, three and six months respectively. In the same period the category average return was 0.87%, 2.31% and 3.07% respectively.
  • ICICI Prudential ELSS Tax Saver Fund has given a return of 1.88% in last one year. In the same period the Nifty 500 TRI return was 2.3%. The fund has given 0.42% less return than the benchmark return.
  • The fund has given a return of 12.25% in last three years and rank 21st out of thirty nine funds in the category. In the same period the Nifty 500 TRI return was 12.11%. The fund has given 0.14% more return than the benchmark return.
  • ICICI Prudential ELSS Tax Saver Fund has given a return of 12.36% in last five years and category average returns is 12.8% in same period. The fund ranked 18th out of thirty one funds in the category. In the same period the Nifty 500 TRI return was 12.34%. The fund has given 0.02% more return than the benchmark return.
  • The fund has given a return of 13.17% in last ten years and ranked 17th out of twenty six funds in the category. In the same period the Nifty 500 TRI return was 13.47%. The fund has given 0.3% less return than the benchmark return.
  • The fund has given a SIP return of 1.08% in last one year whereas category average SIP return is 3.46%. The fund one year return rank in the category is 27th in 41 funds
  • The fund has SIP return of 6.87% in last three years and ranks 17th in 39 funds. Motilal Oswal ELSS Tax Saver Fund has given the highest SIP return (14.5%) in the category in last three years.
  • The fund has SIP return of 11.01% in last five years whereas category average SIP return is 11.71%.

ICICI Prudential ELSS Tax Saver Fund Risk Analysis

  • The fund has a standard deviation of 13.94 and semi deviation of 10.34. The category average standard deviation is 15.39 and semi deviation is 11.37.
  • The fund has a Value at Risk (VaR) of -20.94 and a maximum drawdown of -16.33. The category average VaR is -22.63 and the maximum drawdown is -18.27. The fund has a beta of 0.85 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in ELSS (Tax Saving) Fund Category
  • Good Performance in ELSS (Tax Saving) Fund Category
  • Poor Performance in ELSS (Tax Saving) Fund Category
  • Very Poor Performance in ELSS (Tax Saving) Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.41 0.82
    0.78
    		-0.85 | 2.93 24 | 40 Average
    3M Return % 1.29 1.92
    2.03
    		-1.94 | 6.76 27 | 40 Average
    6M Return % 1.07 2.06
    2.50
    		-4.50 | 16.78 25 | 40 Average
    1Y Return % 1.25 2.30
    0.61
    		-6.77 | 13.65 19 | 40 Good
    3Y Return % 11.54 12.11
    11.51
    		3.82 | 20.67 19 | 39 Good
    5Y Return % 11.63 12.34
    11.57
    		7.22 | 16.68 17 | 31 Average
    7Y Return % 14.24 15.43
    14.99
    		10.61 | 24.12 19 | 30 Average
    10Y Return % 12.28 13.47
    13.09
    		9.95 | 18.99 15 | 25 Average
    1Y SIP Return % 0.47
    2.30
    		-7.19 | 18.58 26 | 40 Average
    3Y SIP Return % 6.19
    5.53
    		-1.63 | 13.13 16 | 39 Good
    5Y SIP Return % 10.29
    10.48
    		5.93 | 17.99 15 | 31 Good
    7Y SIP Return % 13.01
    13.12
    		8.16 | 20.19 16 | 30 Good
    10Y SIP Return % 12.74
    13.31
    		9.85 | 19.97 15 | 25 Average
    15Y SIP Return % 13.58
    13.87
    		11.17 | 19.64 12 | 20 Average
    Standard Deviation 13.94
    15.39
    		11.39 | 21.29 7 | 39 Very Good
    Semi Deviation 10.34
    11.37
    		8.48 | 15.53 7 | 39 Very Good
    Max Drawdown % -16.33
    -18.27
    		-28.24 | -14.41 14 | 39 Good
    VaR 1 Y % -20.94
    -22.63
    		-38.55 | -15.29 14 | 39 Good
    Average Drawdown % 6.81
    8.11
    		4.32 | 11.51 29 | 39 Average
    Sharpe Ratio 0.45
    0.38
    		-0.05 | 0.72 16 | 39 Good
    Sterling Ratio 0.47
    0.43
    		0.12 | 0.68 14 | 39 Good
    Sortino Ratio 0.22
    0.19
    		0.02 | 0.36 16 | 39 Good
    Jensen Alpha % 0.34
    -0.29
    		-8.12 | 6.11 17 | 38 Good
    Treynor Ratio 0.08
    0.07
    		-0.01 | 0.12 14 | 38 Good
    Modigliani Square Measure % 6.96
    6.01
    		-0.84 | 11.01 16 | 38 Good
    Alpha % -1.13
    -0.82
    		-8.52 | 6.66 21 | 38 Average
    Return data last Updated On : July 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.45 0.82 0.87 -0.71 | 3.12 26 | 41 Average
    3M Return % 1.44 1.92 2.31 -1.81 | 7.11 28 | 41 Average
    6M Return % 1.37 2.06 3.07 -4.11 | 17.45 27 | 41 Average
    1Y Return % 1.88 2.30 1.77 -5.73 | 14.80 20 | 41 Good
    3Y Return % 12.25 12.11 12.72 5.29 | 22.11 21 | 39 Average
    5Y Return % 12.36 12.34 12.80 8.04 | 18.09 18 | 31 Average
    7Y Return % 15.00 15.43 16.24 12.20 | 25.96 21 | 30 Average
    10Y Return % 13.17 13.47 14.13 10.52 | 20.35 17 | 26 Average
    1Y SIP Return % 1.08 3.46 -6.16 | 19.76 27 | 41 Average
    3Y SIP Return % 6.87 6.69 -0.23 | 14.50 17 | 39 Good
    5Y SIP Return % 11.01 11.71 7.46 | 19.43 19 | 31 Average
    7Y SIP Return % 13.76 14.37 10.08 | 21.90 18 | 30 Average
    10Y SIP Return % 13.53 14.36 10.44 | 21.57 17 | 26 Average
    Standard Deviation 13.94 15.39 11.39 | 21.29 7 | 39 Very Good
    Semi Deviation 10.34 11.37 8.48 | 15.53 7 | 39 Very Good
    Max Drawdown % -16.33 -18.27 -28.24 | -14.41 14 | 39 Good
    VaR 1 Y % -20.94 -22.63 -38.55 | -15.29 14 | 39 Good
    Average Drawdown % 6.81 8.11 4.32 | 11.51 29 | 39 Average
    Sharpe Ratio 0.45 0.38 -0.05 | 0.72 16 | 39 Good
    Sterling Ratio 0.47 0.43 0.12 | 0.68 14 | 39 Good
    Sortino Ratio 0.22 0.19 0.02 | 0.36 16 | 39 Good
    Jensen Alpha % 0.34 -0.29 -8.12 | 6.11 17 | 38 Good
    Treynor Ratio 0.08 0.07 -0.01 | 0.12 14 | 38 Good
    Modigliani Square Measure % 6.96 6.01 -0.84 | 11.01 16 | 38 Good
    Alpha % -1.13 -0.82 -8.52 | 6.66 21 | 38 Average
    Return data last Updated On : July 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Icici Prudential Elss Tax Saver Fund NAV Regular Growth Icici Prudential Elss Tax Saver Fund NAV Direct Growth
    27-07-2026 929.8 1038.62
    24-07-2026 920.27 1027.93
    23-07-2026 922.62 1030.54
    22-07-2026 925.46 1033.69
    21-07-2026 932.67 1041.73
    20-07-2026 930.83 1039.66
    17-07-2026 934.7 1043.93
    16-07-2026 929.29 1037.88
    15-07-2026 931.01 1039.78
    14-07-2026 927.4 1035.74
    13-07-2026 933.89 1042.96
    10-07-2026 935.53 1044.75
    09-07-2026 926.06 1034.15
    08-07-2026 920.85 1028.32
    07-07-2026 939.99 1049.68
    06-07-2026 942.85 1052.86
    03-07-2026 936.35 1045.55
    02-07-2026 936.77 1046.01
    01-07-2026 932.11 1040.79
    30-06-2026 927.21 1035.29
    29-06-2026 926.02 1033.96

    Fund Launch Date: 11/Dec/2012
    Fund Category: ELSS (Tax Saving) Fund
    Investment Objective: To generate long-term capital appreciation through investments madeprimarily in equity and equity related securities of companies. However, thereis no assurance or guarantee that the investment objective of the Schemewould be achieved.
    Fund Description: An open ended Equity Linked Savings Scheme witha statutory lock in of 3 years and tax benefit
    Fund Benchmark: Nifty 500 Total Return Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.