ICICI Prudential Equity Savings Fund
ICICI Prudential Mutual Fund · Best Equity Savings Mutual Funds
This scheme hasn’t published a NAV since 16 Sep 2022 — it appears to have been discontinued or merged. Trailing return and risk metrics need recent pricing, so they can’t be computed; only the NAV history and lifetime drawdown are shown below.
NAV history
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.
Not enough Equity Savings peers to rank yet
Volatility not available yet
1.1% expense vs 1.3% category avg
93% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Low expense ratio (1.12%) vs the Equity Savings average of 1.25%
- Consistent — positive in 93% of rolling 3-year windows
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark ratios
Not shown for Equity Savings — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Rolling returns
Return for every possible 1Y holding period, not just today’s
82 overlapping 1Y windows, sampled monthly across the fund’s history.
Worst falls, and the wait to get back
How far this fund has dropped from a high, and how long it took to reclaim it.
- -19.7%24 Jan 2020 → 23 Mar 2020
Fell over 2 months, back to the old high on 07 Dec 2020 — 9 months under water after the low.
- -7.0%16 Oct 2015 → 25 Feb 2016
Fell over 4 months, back to the old high on 18 Apr 2016 — 2 months under water after the low.
- -5.1%03 Mar 2015 → 24 Aug 2015
Fell over 6 months, back to the old high on 16 Oct 2015 — 2 months under water after the low.
Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2022part | +1.27% | |
| 2021 | +7.17% | |
| 2020 | +2.63% | |
| 2019 | +5.82% | |
| 2018 | -2.48% | |
| 2017 | +10.81% | |
| 2016 | +10.79% | |
| 2015 | +1.70% | |
| 2014part | +0.40% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹55.71Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into ICICI Prudential Equity Savings Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
ICICI Prudential in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
ICICI Prudential MF uses football analogy to simplify Flexicap investing
IMPACT Magazine · 21m ago
ICICI Prudential Mutual Fund: RIL, Infosys and HDFC Bank among top 10 stock holdings in July
The Economic Times · 1d ago
ICICI Prudential Retirement Fund Hybrid Conservative Review: Plans, NAV, Returns and Portfolio Analysis 2026
Univest · 1d ago
ICICI Prudential Equity Savings Fund Review: Plans, NAV, Returns and Portfolio Analysis 2026
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ICICI Prudential Bharat 22 FOF Review: Plans, NAV, Returns and Portfolio Analysis 2026
Univest · 1d ago
ICICI Prudential Value Fund Completes 22 Years, Rs 1 Lakh At Launch Now Worth Rs 46.6 Lakh
Outlook Money · 2d ago
AMC stocks ICICI Prudential, NAM India surge up to 5% in weak market
Business Standard · 2d ago
ICICI Prudential MF buys ~1% Go Digit stake from Peak XV for Rs 139 crore
Dealroom · 3d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Equity Savings funds
Equity savings funds split money across equity, arbitrage and debt. The hedged portion lowers risk, so they sit between hybrid and debt funds on the risk ladder while keeping equity taxation.
Frequently asked questions
What is the NAV of ICICI Prudential Equity Savings Fund?
The last published NAV of ICICI Prudential Equity Savings Fund was ₹14.38 per unit, on 16 Sep 2022. The scheme has not published a NAV since then — it has likely been merged, wound up or discontinued, so this figure is historical, not a current price.
What is the expense ratio of ICICI Prudential Equity Savings Fund?
ICICI Prudential Equity Savings Fund charges an expense ratio of 1.12% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of ICICI Prudential Equity Savings Fund?
Its largest holdings are HDFC Bank Ltd (8.8%), ICICI Prudential Money Market Direct-Growth (8.2%), Sun Pharmaceutical Industries Ltd (5.9%), Reliance Industries Ltd (5.4%) and Kotak Mahindra Bank Ltd (3.5%). Holdings are disclosed monthly and change over time.
How risky is ICICI Prudential Equity Savings Fund?
It is rated moderately high on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -19.7%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of ICICI Prudential Equity Savings Fund?
ICICI Prudential Equity Savings Fund is benchmarked against the NIFTY Equity Savings Total Return Index. Its alpha and beta on this page are measured against that index.
Who manages ICICI Prudential Equity Savings Fund?
ICICI Prudential Equity Savings Fund is managed by Sharmila D'silva, Kayzad Eghlim, Nishit Patel, Ajaykumar Solanki, Manish Banthia, Ritesh Lunawat and Dharmesh Kakkad at ICICI Prudential.
How is ICICI Prudential Equity Savings Fund taxed?
ICICI Prudential Equity Savings Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.