ICICI Prudential Long Term Wealth Enhancement Fund vs Kotak ELSS Tax Saver Fund
ICICI Prudential Long Term Wealth Enhancement Fund and Kotak ELSS Tax Saver Fund are both ELSS (Tax Saving) funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +14.84% vs +13.00%, 5-year CAGR +12.97% vs +12.24%, volatility 14.79% vs 15.76%, maximum drawdown −39.54% vs −36.43%. Their portfolios overlap by 34.3% (13 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| ICICI Prudential Long Term Wealth Enhancement | Kotak ELSS Tax Saver | |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Kotak Mahindra Mutual Fund |
| Compared as | ELSS (Tax Saving) | ELSS (Tax Saving) |
| NAV | ₹31.2000 | ₹142.9040 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 23 Mar 2018 | 2 Jan 2013 |
| Track record | 8.6 yrs | 13.8 yrs |
| Fund size (AUM) | ₹37 Cr | ₹6,071 Cr |
| Securities held | 24 | 53 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| ICICI Prudential Long Term Wealth Enhancement | Kotak ELSS Tax Saver | |
|---|---|---|
| 1 month | +7.44% | +6.17% |
| 3 months | −1.55% | +1.53% |
| 6 months | +5.69% | +6.46% |
| 1 year | +0.10% | +4.62% |
| 3 years (CAGR) | +14.84% | +13.00% |
| 5 years (CAGR) | +12.97% | +12.24% |
| 7 years (CAGR) | +15.31% | +16.30% |
| 10 years (CAGR) | — | +14.80% |
| Since launch (CAGR) | +14.10% | +15.09% |
| SIP return (XIRR, 5 years) ⓘ | +12.63% | +11.72% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| ICICI Prudential Long Term Wealth Enhancement | Kotak ELSS Tax Saver | |
|---|---|---|
| 2026 (year to date) | −1.58% | +3.38% |
| 2025 | +8.23% | +2.92% |
| 2024 | +27.24% | +23.31% |
| 2023 | +25.04% | +25.20% |
| 2022 | +15.13% | +8.37% |
| 2021 | +26.50% | +35.05% |
Risk
| ICICI Prudential Long Term Wealth Enhancement | Kotak ELSS Tax Saver | |
|---|---|---|
| Volatility (annualised) ⓘ | 14.79% | 15.76% |
| Downside volatility ⓘ | 10.49% | 11.22% |
| Sharpe ratio ⓘ | 0.56 | 0.41 |
| Sortino ratio ⓘ | 0.80 | 0.58 |
| Maximum drawdown ⓘ | −39.54% | −36.43% |
| Recovery from that fall | 8 months | 8 months |
| Current fall from peak | −2.83% | −0.48% |
| Rolling 1-year return: worst | −31.71% | −26.73% |
| Rolling 1-year return: median | +12.05% | +13.39% |
| Rolling 1-year return: best | +85.35% | +91.13% |
| Share of 1-year periods with a loss | 14.59% | 15.32% |
Against each fund's benchmark
| ICICI Prudential Long Term Wealth Enhancement | Kotak ELSS Tax Saver | |
|---|---|---|
| Beta ⓘ | 0.89 | 0.95 |
| Alpha (Jensen's, annualised) ⓘ | +2.76% | +0.77% |
| R² ⓘ | 87.09 | 92.71 |
| Upside capture | 105.18% | 104.46% |
| Downside capture | 93.94% | 104.00% |
| Tracking error | 5.63% | 4.25% |
| Information ratio | 0.47 | 0.15 |
| Treynor ratio | 7.10 | 4.53 |
Portfolio
Asset mix
| ICICI Prudential Long Term Wealth Enhancement | Kotak ELSS Tax Saver | |
|---|---|---|
| Equity | 95.81% | 98.48% |
| Cash & equivalents | 4.19% | 1.52% |
Market-cap split (share of fund assets)
| ICICI Prudential Long Term Wealth Enhancement | Kotak ELSS Tax Saver | |
|---|---|---|
| Large Cap | 79.16% | 60.58% |
| Mid Cap | 1.14% | 21.46% |
| Small Cap | 15.51% | 15.49% |
| Unclassified | 0.00% | 0.95% |
Concentration
| ICICI Prudential Long Term Wealth Enhancement | Kotak ELSS Tax Saver | |
|---|---|---|
| Top 10 holdings | 63.25% | 37.25% |
| Effective number of stocks ⓘ | 19 | 38.5 |
| Securities held | 24 | 53 |
Portfolio overlap: 34.3%
13 companies are held by both funds; by weight, 34.3% of the two portfolios is the same. That is a moderate overlap.
| Held by both | ICICI Prudential Long Term Wealth Enhancement | Kotak ELSS Tax Saver |
|---|---|---|
| HDFC Bank Limited | 7.22% | 7.00% |
| ICICI Bank Limited | 7.76% | 5.01% |
| Bharti Airtel Limited | 4.74% | 3.47% |
| Eternal Limited | 5.66% | 3.16% |
| State Bank of India | 2.64% | 4.98% |
| Sun Pharmaceutical Industries Limited | 3.56% | 2.39% |
| Axis Bank Limited | 3.62% | 2.02% |
| InterGlobe Aviation Limited | 2.06% | 1.85% |
| Mahindra & Mahindra Limited | 1.83% | 1.70% |
| TVS Motor Company Ltd. | 9.91% | 1.69% |
| Reliance Industries Limited | 4.83% | 1.60% |
| Britannia Industries Ltd. | 1.81% | 1.19% |
| Rubicon Research Limited | 0.59% | 1.07% |
Top 10 holdings
ICICI Prudential Long Term Wealth Enhancement
- TVS Motor Company Ltd.9.91%
- Maruti Suzuki India Limited7.90%
- ICICI Bank Limited7.75%
- HDFC Bank Limited7.22%
- Eternal Limited5.66%
- Ethos Ltd.5.62%
- Avenue Supermarts Ltd.5.32%
- Reliance Industries Limited4.83%
- Bharti Airtel Limited4.74%
- Red Tape Ltd4.31%
Kotak ELSS Tax Saver
- HDFC Bank Limited7.00%
- ICICI Bank Limited5.01%
- State Bank of India4.98%
- Bharti Airtel Limited3.47%
- Eternal Limited3.16%
- Tech Mahindra Limited3.01%
- NTPC Limited2.76%
- Divi's Laboratories Limited2.68%
- Hero MotoCorp Limited2.59%
- Dixon Technologies (India) Limited2.59%
Sector exposure
| ICICI Prudential Long Term Wealth Enhancement | Kotak ELSS Tax Saver | |
|---|---|---|
| Banks | 21.23% | 22.96% |
| Automobiles | 19.63% | 5.98% |
| Retailing | 14.66% | 6.45% |
| Consumer Durables | 9.93% | 3.14% |
| Pharmaceuticals & Biotechnology | 4.16% | 7.51% |
| Finance | 0.00% | 6.36% |
| IT - Software | 6.17% | 3.01% |
| Construction | 0.00% | 6.10% |
| Chemicals & Petrochemicals | 0.00% | 4.84% |
| Petroleum Products | 4.83% | 3.76% |
| Telecom - Services | 4.74% | 4.33% |
| Industrial Products | 4.00% | 0.00% |
| Power | 0.00% | 2.76% |
| Industrial Manufacturing | 0.00% | 2.17% |
Questions people ask
What is the difference between ICICI Prudential Long Term Wealth Enhancement and Kotak ELSS Tax Saver returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +0.10% vs +4.62%; 3-year CAGR +14.84% vs +13.00%; 5-year CAGR +12.97% vs +12.24%; 10-year CAGR — vs +14.80%. Past returns do not indicate future returns.
How do ICICI Prudential Long Term Wealth Enhancement and Kotak ELSS Tax Saver compare on risk?
Volatility (36 monthly returns, annualised) 14.79% vs 15.76%; Sharpe ratio 0.56 vs 0.41; Sortino ratio 0.80 vs 0.58; maximum drawdown −39.54% vs −36.43%; beta 0.89 vs 0.95.
How much do ICICI Prudential Long Term Wealth Enhancement and Kotak ELSS Tax Saver overlap?
By weight, 34.3% of the two portfolios is invested in the same companies; 13 stocks are held by both, the largest shared positions being HDFC Bank Limited, ICICI Bank Limited, Bharti Airtel Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of ICICI Prudential Long Term Wealth Enhancement and Kotak ELSS Tax Saver?
ICICI Prudential Long Term Wealth Enhancement: large cap 79.2%, mid cap 1.1%, small cap 15.5%. Kotak ELSS Tax Saver: large cap 60.6%, mid cap 21.5%, small cap 15.5% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.