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 - IDCW 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: 22.1%. 5-year CAGR: 5.20%.

ICICI Prudential

ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW

Latest NAV

₹44.8300

As of

17 Jul 2026

3,331 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	+0.58%	+0.18%	+0.40	11 / 76	Q1
1W	-0.07%	+0.02%	-0.09	50 / 76	Q3
2W	-0.16%	+0.25%	-0.41	47 / 76	Q3
1M	+1.33%	+1.60%	-0.27	55 / 76	Q3
3M	-0.44%	+3.34%	-3.79	71 / 76	Q4
6M	-4.33%	+1.60%	-5.93	62 / 76	Q4
YTD	-5.90%	+0.65%	-6.54	61 / 76	Q4
1Y	-4.96%	+3.29%	-8.25	67 / 76	Q4
2Y	-2.98%	+2.13%	-5.11	62 / 75	Q4
3Y	+5.95%	+10.81%	-4.86	68 / 75	Q4
4Y	+7.25%	+12.20%	-4.95	64 / 69	Q4
5Y	+5.20%	+10.65%	-5.45	60 / 65	Q4
7Y	+6.59%	+13.29%	-6.70	61 / 63	Q4
10Y	+4.49%	+10.17%	-5.68	46 / 46	Q4
Inception	+6.02%	+11.17%	-5.15	71 / 76	Q4

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	-5.90%	-1.35%	-4.55	55 / 70
2025	+3.28%	+2.19%	+1.10	40 / 70
2024	+10.35%	+16.51%	-6.16	62 / 70
2023	+14.54%	+24.04%	-9.50	65 / 68
2022	-4.26%	+1.46%	-5.72	58 / 65
2021	+24.08%	+33.28%	-9.20	56 / 68
2020	+3.82%	+13.91%	-10.09	63 / 68
2019	-0.85%	+5.99%	-6.85	52 / 66
2018	-6.95%	-7.59%	+0.63	30 / 56
2017	+8.82%	+29.87%	-21.06	50 / 50
2016	-1.20%	+1.05%	-2.26	38 / 46

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

+8.76%

153 windows

min -30.7% · max 62.6%

61% positive

3-Year rolling

+6.23%

129 windows

min -11.7% · max 21.0%

84% positive

5-Year rolling

+5.59%

105 windows

min -6.4% · max 18.7%

85% positive

7-Year rolling

+4.81%

80 windows

min 1.2% · max 8.7%

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

12.25%

3-year · annualised

Sharpe ratio

0.00

vs risk-free 6.5%

Sortino ratio

0.01

Downside-only deviation

Max drawdown

-20.91%

Sep 2024 → Mar 2026

% positive months

63.9%

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 - IDCW Option - Direct Plan	HDFC	₹93.5760	17 Jul 2026
NIPPON INDIA ELSS TAX SAVER FUND - DIRECT Plan - ANNUAL IDCW Option	Nippon India	₹22.6321	17 Jul 2026
SBI ELSS Tax Saver Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹118.6726	17 Jul 2026
ICICI Prudential Long Term Wealth Enhancement Fund - Direct Plan IDCW Option	ICICI Prudential	₹30.3000	17 Jul 2026
Invesco India ELSS Tax Saver Fund - Direct Plan - IDCW Payout	Invesco	₹32.2400	17 Jul 2026
BANDHAN ELSS Tax Saver Fund - Direct Plan - IDCW	Bandhan	₹41.5040	17 Jul 2026
quant ELSS Tax Saver Fund - IDCW Option - Direct Plan	Quant	₹61.4528	17 Jul 2026
Aditya Birla Sun Life ELSS Tax Saver Fund-DIRECT - IDCW	Aditya Birla Sun Life	₹439.8600	17 Jul 2026
Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout	Motilal Oswal	₹39.4071	17 Jul 2026
Franklin India ELSS Tax Saver Fund - Direct - IDCW	Franklin India	₹70.8461	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹44.8300
16 Jul 2026	₹44.5700
15 Jul 2026	₹44.6500
14 Jul 2026	₹44.4800
13 Jul 2026	₹44.7900
10 Jul 2026	₹44.8600
9 Jul 2026	₹44.4100
8 Jul 2026	₹44.1600
7 Jul 2026	₹45.0800
6 Jul 2026	₹45.2100

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 17 Jul 2026, the NAV of ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW is ₹44.8300. It's a ELSS from ICICI Prudential, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW has NAV history starting from 02 Jan 2013, a track record of about 13 years 6 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 - IDCW 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 - IDCW has delivered a absolute return of -4.96% — -8.25 pp behind the ELSS category average of 3.29%. The fund ranks #67 of 76 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW has delivered a CAGR of 5.95% — -4.86 pp behind the ELSS category average of 10.81%. The fund ranks #68 of 75 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW has delivered a CAGR of 5.20% — -5.45 pp behind the ELSS category average of 10.65%. The fund ranks #60 of 65 in its category — the bottom (Q4) quartile.

₹1 lakh invested in ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW exactly 10 years ago would be worth approximately ₹155,175 today — a multiplier of 1.55×, based on the 10-year CAGR of 4.49%. The category average over the same window would have grown ₹1 lakh to ₹263,459.

A ₹10,000 monthly SIP in ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹662,404 today. That's an XIRR (money-weighted annualised return) of 3.91%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW = ₹1,200,000 invested. It would currently be worth ₹1,594,675 (multiplier 1.33×). XIRR: 5.55%. 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 - IDCW ranks #60 out of 65 funds in the ELSS category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 10.65%; this fund delivered 5.20%.

The worst peak-to-trough decline ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW has experienced over the last 5-year window is 22.08% — its NAV fell from a high on 18 Oct 2021 to a low on 20 Jun 2022. 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 - IDCW averaged 5.59% (best 18.72%, worst -6.44%). 85% of rolling windows ended positive. The 5-year Sharpe ratio is -0.04 — negative risk-adjusted performance.

In calendar year 2025, ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW returned 3.28% — beating the ELSS category average of 2.19% by 1.10 pp. It ranked #40 of 70 in its category that year.

ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW 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 - IDCW 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: 22.1%. 5-year CAGR: 5.20%.

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