Should I invest in ICICI Prudential ELSS Tax Saver Fund?

We don't give personal investment advice. ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 17.6%. 5-year CAGR: 12.20%.

ICICI Prudential

ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth

Latest NAV

₹990.7700

As of

3 Jun 2026

3,300 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.05%	+0.24%	-0.29	49 / 59	Q4
1W	-2.04%	-1.27%	-0.76	42 / 59	Q3
2W	-0.60%	+0.30%	-0.90	46 / 59	Q4
1M	-2.84%	-0.87%	-1.97	53 / 59	Q4
3M	-3.64%	+0.83%	-4.48	48 / 59	Q4
6M	-7.97%	-2.14%	-5.83	49 / 59	Q4
YTD	-7.66%	-1.56%	-6.10	45 / 59	Q4
1Y	-2.21%	+5.96%	-8.17	40 / 59	Q3
2Y	+4.57%	+5.58%	-1.01	22 / 58	Q2
3Y	+13.10%	+14.58%	-1.48	38 / 58	Q3
4Y	+13.06%	+14.85%	-1.79	36 / 51	Q3
5Y	+12.20%	+14.46%	-2.26	36 / 47	Q4
7Y	+13.24%	+15.51%	-2.27	36 / 45	Q4
10Y	+13.59%	+14.50%	-0.92	17 / 27	Q3
Inception	+14.57%	+14.13%	+0.44	28 / 59	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-7.66%	-4.44%	-3.22	39 / 53
2025	+9.77%	+3.70%	+6.07	8 / 53
2024	+17.21%	+20.13%	-2.92	34 / 53
2023	+23.49%	+30.82%	-7.33	44 / 51
2022	+3.06%	+3.78%	-0.72	29 / 47
2021	+34.24%	+39.32%	-5.08	30 / 50
2020	+14.12%	+18.42%	-4.30	37 / 50
2019	+9.26%	+6.48%	+2.77	25 / 47
2018	+2.00%	-7.38%	+9.37	3 / 37
2017	+26.90%	+38.27%	-11.36	30 / 31
2016	+4.91%	+5.54%	-0.63	13 / 27

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+18.32%

152 windows

min -30.2% · max 84.2%

89% positive

3-Year rolling

+15.33%

127 windows

min -5.8% · max 28.9%

98% positive

5-Year rolling

+15.01%

103 windows

min 0.2% · max 25.3%

100% positive

7-Year rolling

+14.30%

79 windows

min 10.1% · max 17.2%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

12.48%

3-year · annualised

Sharpe ratio

0.53

vs risk-free 6.5%

Sortino ratio

0.85

Downside-only deviation

Max drawdown

-17.62%

Sep 2024 → Mar 2025

% positive months

72.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in ELSS

Scheme	Fund house	NAV	As of
HDFC ELSS Tax saver - Growth Option - Direct Plan	HDFC	₹1,421.3430	3 Jun 2026
Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹140.6038	3 Jun 2026
SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH	SBI	₹458.2222	3 Jun 2026
ICICI Prudential Long Term Wealth Enhancement Fund - Direct Plan Cumulative Option	ICICI Prudential	₹28.6700	3 Jun 2026
Invesco India ELSS Tax Saver Fund - Direct Plan - Growth	Invesco	₹138.0800	3 Jun 2026
BANDHAN ELSS Tax Saver Fund - Direct Plan - Growth	Bandhan	₹173.1540	3 Jun 2026
quant ELSS Tax Saver Fund - Growth Option - Direct Plan	Quant	₹443.2149	3 Jun 2026
Aditya Birla Sun Life ELSS Tax Saver Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹66.4800	3 Jun 2026
Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option	Motilal Oswal	₹62.1822	3 Jun 2026
Franklin India ELSS Tax Saver Fund - Direct - Growth	Franklin India	₹1,537.4743	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹990.7700
2 Jun 2026	₹991.5900
1 Jun 2026	₹992.0800
29 May 2026	₹999.6800
27 May 2026	₹1,011.7400
26 May 2026	₹1,012.1900
25 May 2026	₹1,014.5200
22 May 2026	₹1,002.6100
21 May 2026	₹999.5700
20 May 2026	₹998.3100

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth is ₹990.7700. It's a ELSS from ICICI Prudential, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth has NAV history starting from 02 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth is managed by ICICI Prudential. It's classified by AMFI under the 'ELSS' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth has delivered a absolute return of -2.21% — -8.17 pp behind the ELSS category average of 5.96%. The fund ranks #40 of 59 in its category — the third (Q3) quartile.

Over the trailing 3-year window, ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth has delivered a CAGR of 13.10% — -1.48 pp behind the ELSS category average of 14.58%. The fund ranks #38 of 58 in its category — the third (Q3) quartile.

Over the trailing 5-year window, ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth has delivered a CAGR of 12.20% — -2.26 pp behind the ELSS category average of 14.46%. The fund ranks #36 of 47 in its category — the bottom (Q4) quartile.

₹1 lakh invested in ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth exactly 10 years ago would be worth approximately ₹357,524 today — a multiplier of 3.58×, based on the 10-year CAGR of 13.59%. The category average over the same window would have grown ₹1 lakh to ₹387,469.

A ₹10,000 monthly SIP in ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹765,676 today. That's an XIRR (money-weighted annualised return) of 9.68%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth = ₹1,200,000 invested. It would currently be worth ₹2,380,991 (multiplier 1.98×). XIRR: 13.13%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth ranks #36 out of 47 funds in the ELSS category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 14.46%; this fund delivered 12.20%.

The worst peak-to-trough decline ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth has experienced over the last 5-year window is 17.62% — its NAV fell from a high on 26 Sep 2024 to a low on 04 Mar 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth averaged 15.01% (best 25.31%, worst 0.21%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.46 — weak risk-adjusted performance.

In calendar year 2025, ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth returned 9.77% — beating the ELSS category average of 3.70% by 6.07 pp. It ranked #8 of 53 in its category that year.

ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 17.6%. 5-year CAGR: 12.20%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.