ICICI Prudential Long Term Wealth Enhancement Fund vs SBI Long Term Advantage Fund - Series V
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Long Term Wealth Enhancement Fund and SBI Long Term Advantage Fund - Series V are both ELSS funds. In the 3 years to 30-10-2026, ICICI Prudential Long Term Wealth Enhancement Fund (Direct) returned 12.7% a year and SBI Long Term Advantage Fund - Series V (Direct) returned 18.9% a year. ICICI Prudential Long Term Wealth Enhancement Fund charges 0.81% a year and SBI Long Term Advantage Fund - Series V 1.27% (Direct plans). Their portfolios overlap 8.5%: they hold 3 of the same securities.
ICICI Prudential Long Term Wealth Enhancement Fund
ELSS
- 3 year return
- 12.7%
- Expense ratio
- 0.81%
- NAV
- ₹29.08
SBI Long Term Advantage Fund - Series V
ELSS
- 3 year return
- 18.9%
- Expense ratio
- 1.27%
- NAV
- ₹31.37
Which is better, ICICI Prudential Long Term Wealth Enhancement or SBI Long Term Advantage Fund - Series V? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI Long Term Advantage Fund - Series V returned more over 5 years: 13.2% a year against 11.7%.
- SBI Long Term Advantage Fund - Series V returned more over 3 years: 18.9% a year against 12.7%.
- ICICI Prudential Long Term Wealth Enhancement costs less: 0.81% a year against 1.27% (Direct plans).
- ICICI Prudential Long Term Wealth Enhancement swung less over 3 years: a standard deviation of 13.0% a year against 15.2%.
- SBI Long Term Advantage Fund - Series V fell less in its worst fall since 05-04-2018: −35.8% against −39.7%.
- ICICI Prudential Long Term Wealth Enhancement holds more in large companies: 79.2% of the fund in large caps against 30.1%.
- SBI Long Term Advantage Fund - Series V is the larger fund: ₹366 Cr against ₹37 Cr.
- Their portfolios overlap 8.5%: 3 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | ICICI Prudential Long Term Wealth Enhancement Fund | SBI Long Term Advantage Fund - Series V |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | SBI Mutual Fund |
| Category | ELSS | ELSS |
| AUM | ₹37 Cr (30-09-2026) | ₹366 Cr (30-09-2026) |
| NAV | ₹29.08 (Direct) | ₹31.37 (Direct) |
| Expense ratio (Direct) | 0.81% | 1.27% |
| Expense ratio (Regular) | Not available | 1.37% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | BSE 500 TRI |
| Launch date | Not available | 27-03-2018 |
| Minimum investment | Not available | Not available |
| Lock in | Not available | 3 years |
| Fund managers | Not available | Mohan Lal |
| Exit load | Not available | Not available |
ICICI Prudential Long Term Wealth Enhancement vs SBI Long Term Advantage Fund - Series V: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Long Term Wealth Enhancement Fund (Direct) | +0.24% | −6.22% | +0.41% | −8.09% | +12.65% | +11.74% | -- |
| SBI Long Term Advantage Fund - Series V (Direct) | −4.33% | −6.21% | +0.99% | −5.06% | +18.92% | +13.21% | -- |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | +10.29% | -- |
Category average: the average of the 50 ELSS funds, same plan type.
ICICI Prudential Long Term Wealth Enhancement vs SBI Long Term Advantage Fund - Series V: Year-wise Returns
| Year | ICICI Prudential Long Term Wealth EnhancementICICI Prudential Long Term Wealth Enhancement | SBI Long Term Advantage Fund - Series VSBI Long Term Advantage Fund - Series V |
|---|---|---|
| 2026to date | −8.26% | −3.68% |
| 2025 | +8.23% | +11.05% |
| 2024 | +27.24% | +43.70% |
| 2023 | +24.97% | +17.08% |
| 2022 | +15.20% | +2.44% |
| 2021 | +26.50% | +34.93% |
ICICI Prudential Long Term Wealth Enhancement vs SBI Long Term Advantage Fund - Series V: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of ICICI Prudential Long Term Wealth Enhancement Fund
Rolling returns
Every 3-year holding period, 1,373 of them, one for each trading day from 05-04-2021 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
ICICI Prudential Long Term Wealth Enhancement Fund
SBI Long Term Advantage Fund - Series V (Direct)
Nifty 500 TRI
to
Sept 2021Aug 2019
to
Aug 2022Aug 2020
to
Aug 2023Jul 2021
to
Jul 2024Jun 2022
to
Jun 2025May 2023
to
May 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Long Term Wealth Enhancement | 0.0 | 0.0 | 3.2 | 21.3 | 36.0 | 28.6 | 10.9 | 18.7% | 18.9% | 5.2% | 33.2% | 64% |
| SBI Long Term Advantage Fund - Series V | 0.0 | 0.0 | 0.8 | 8.1 | 38.2 | 44.4 | 8.5 | 20.0% | 20.3% | 9.3% | 30.6% | 65% |
| Nifty 500 TRI | 0.0 | 0.0 | 1.4 | 23.7 | 50.0 | 19.3 | 5.6 | 17.7% | 17.3% | 8.8% | 33.5% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 05-04-2018. Past returns do not promise future returns.
ICICI Prudential Long Term Wealth Enhancement vs SBI Long Term Advantage Fund - Series V: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-04-2018 to 30-10-2026: 103 instalments, ₹10,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Long Term Wealth EnhancementICICI Prudential Long Term Wealth Enhancement Fund | ₹10,30,000 | ₹18,60,099 | ₹8,30,099 | 13.4% |
| SBI Long Term Advantage Fund - Series VSBI Long Term Advantage Fund - Series V (Direct) | ₹10,30,000 | ₹21,00,288 | ₹10,70,288 | 16.1% |
ICICI Prudential Long Term Wealth EnhancementICICI Prudential Long Term Wealth Enhancement Fund
SBI Long Term Advantage Fund - Series VSBI Long Term Advantage Fund - Series V (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
ICICI Prudential Long Term Wealth Enhancement vs SBI Long Term Advantage Fund - Series V: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Long Term Wealth Enhancement Fund (Direct) | SBI Long Term Advantage Fund - Series V (Direct) |
|---|---|---|
| Return (CAGR) | −8.45% | −5.06% |
| Standard deviation | 13.70% | 16.18% |
| Sharpe ratio | -1.00 | -0.64 |
| Sortino ratio | -1.36 | -0.87 |
| Maximum drawdown | −16.0% (30-03-2026) | −15.6% (31-03-2026) |
| Beta | 0.89 | 1.04 |
| Alpha | −2.53% | +3.06% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential Long Term Wealth Enhancement Fund (Direct) | SBI Long Term Advantage Fund - Series V (Direct) |
|---|---|---|
| Return (CAGR) | +12.27% | +18.92% |
| Standard deviation | 13.02% | 15.17% |
| Sharpe ratio | 0.48 | 0.85 |
| Sortino ratio | 0.68 | 1.18 |
| Maximum drawdown | −19.0% (04-03-2025) | −16.2% (31-03-2026) |
| Beta | 0.83 | 0.94 |
| Alpha | +2.77% | +9.24% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential Long Term Wealth Enhancement Fund (Direct) | SBI Long Term Advantage Fund - Series V (Direct) |
|---|---|---|
| Return (CAGR) | +11.32% | +13.21% |
| Standard deviation | 13.58% | 14.29% |
| Sharpe ratio | 0.41 | 0.52 |
| Sortino ratio | 0.57 | 0.72 |
| Maximum drawdown | −19.0% (04-03-2025) | −16.2% (31-03-2026) |
| Beta | 0.87 | 0.90 |
| Alpha | +2.90% | +4.84% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential Long Term Wealth Enhancement Fund (Direct) | SBI Long Term Advantage Fund - Series V (Direct) |
|---|---|---|
| Return (CAGR) | +12.59% | +14.19% |
| Standard deviation | 16.77% | 16.08% |
| Sharpe ratio | 0.43 | 0.55 |
| Sortino ratio | 0.59 | 0.75 |
| Maximum drawdown | −39.7% (23-03-2020) | −35.8% (23-03-2020) |
| Beta | 0.94 | 0.90 |
| Alpha | +0.66% | +2.91% |
From daily NAVs, 23-03-2018 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
ICICI Prudential Long Term Wealth Enhancement Fund
SBI Long Term Advantage Fund - Series V (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Long Term Wealth Enhancement Fund | −39.7% | 13-02-2020 | 23-03-2020 | 04-12-2020 | 8 months | −9.7% |
| SBI Long Term Advantage Fund - Series V (Direct) | −35.8% | 12-02-2020 | 23-03-2020 | 17-11-2020 | 8 months | −9.0% |
| Nifty 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −8.8% |
From daily values since 05-04-2018, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Long Term Wealth Enhancement Fund
SBI Long Term Advantage Fund - Series V (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Long Term Wealth Enhancement Fund
SBI Long Term Advantage Fund - Series V (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Long Term Wealth Enhancement Fund
SBI Long Term Advantage Fund - Series V (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Long Term Wealth Enhancement Fund | 97% | 93% | 6.48% |
| SBI Long Term Advantage Fund - Series V (Direct) | 103% | 91% | 5.81% |
From month-end values since 05-04-2018. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
ICICI Prudential Long Term Wealth Enhancement vs SBI Long Term Advantage Fund - Series V: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Long Term Wealth Enhancement Fund, September 2026; SBI Long Term Advantage Fund - Series V, September 2026
Holdings in common
- Overlap
- 8.5%
- Held by both
- 3
- Only in ICICI Prudential Long Term Wealth Enhancement
- 21
- Only in SBI Long Term Advantage Fund - Series V
- 28
| Security | % of ICICI Prudential Long Term Wealth Enhancement | % of SBI Long Term Advantage Fund - Series V |
|---|---|---|
| HDFC Bank Ltd. | 7.22% | 3.68% |
| Sun Pharmaceutical Industries Ltd. | 3.56% | 2.98% |
| State Bank Of India | 2.64% | 1.84% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 8.5% means 8.5% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in ICICI Prudential Long Term Wealth Enhancement Fund
| Security | % of fund |
|---|---|
| TVS Motor Company Ltd. | 9.91% |
| Maruti Suzuki India Ltd. | 7.90% |
| ICICI Bank Ltd. | 7.75% |
| Eternal Ltd. | 5.66% |
| The Ethos Ltd. | 5.62% |
Largest holdings only in SBI Long Term Advantage Fund - Series V
| Security | % of fund |
|---|---|
| Arvind Ltd. | 7.02% |
| Deepak Fertilizers and Petrochemicals Corporation Ltd. | 6.28% |
| Divi's Laboratories Ltd. | 5.08% |
| Foseco India Ltd. | 4.80% |
| Grindwell Norton Ltd. | 4.14% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Long Term Wealth Enhancement | SBI Long Term Advantage Fund - Series V |
|---|---|---|
| Equity | 95.8% | 98.2% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.2% | 1.8% |
Market cap of stocks
| Market cap | ICICI Prudential Long Term Wealth Enhancement | SBI Long Term Advantage Fund - Series V |
|---|---|---|
| Large Cap | 79.2% | 30.1% |
| Mid Cap | 1.1% | 12.2% |
| Small Cap | 15.5% | 50.8% |
| Not on AMFI's list | 0.0% | 5.1% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | ICICI Prudential Long Term Wealth Enhancement | SBI Long Term Advantage Fund - Series V |
|---|---|---|
| Banks | 21.2% | 8.9% |
| Automobiles | 19.6% | 3.9% |
| Textiles & Apparels | 0.0% | 15.9% |
| Chemicals & Petrochemicals | 0.0% | 14.7% |
| Retailing | 14.7% | 2.0% |
| Consumer Durables | 9.9% | 1.8% |
| Pharmaceuticals & Biotechnology | 4.2% | 9.5% |
| Finance | 0.0% | 8.5% |
| Industrial Products | 4.0% | 6.7% |
| It - Software | 6.2% | 0.0% |
| Petroleum Products | 4.8% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Long Term Wealth Enhancement vs SBI Long Term Advantage Fund - Series V: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Long Term Wealth Enhancement Fund | SBI Long Term Advantage Fund - Series V |
|---|---|---|
| Total expense ratio (Direct) | 0.81% | 1.27% |
| Base expense ratio (Direct) | 0.66% | 0.91% |
| Total expense ratio (Regular) | Not available | 1.37% |
| Base expense ratio (Regular) | 0.92% | 1.00% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare ICICI Prudential Long Term Wealth Enhancement with
Compare SBI Long Term Advantage Fund - Series V with
ICICI Prudential Long Term Wealth Enhancement Fund vs SBI Long Term Advantage Fund - Series V: Frequently Asked Questions
What is the difference between ICICI Prudential Long Term Wealth Enhancement Fund and SBI Long Term Advantage Fund - Series V?
Both are ELSS funds, run by ICICI Prudential Mutual Fund and SBI Mutual Fund. Their portfolios overlap 8.5%. ICICI Prudential Long Term Wealth Enhancement Fund charges 0.81% a year and SBI Long Term Advantage Fund - Series V 1.27%.
Which has given higher returns, ICICI Prudential Long Term Wealth Enhancement Fund or SBI Long Term Advantage Fund - Series V?
Over 1 year: ICICI Prudential Long Term Wealth Enhancement Fund −8.09%, SBI Long Term Advantage Fund - Series V −5.06%. Over 3 years: ICICI Prudential Long Term Wealth Enhancement Fund +12.65% a year, SBI Long Term Advantage Fund - Series V +18.92% a year. Over 5 years: ICICI Prudential Long Term Wealth Enhancement Fund +11.74% a year, SBI Long Term Advantage Fund - Series V +13.21% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Long Term Wealth Enhancement Fund or SBI Long Term Advantage Fund - Series V?
ICICI Prudential Long Term Wealth Enhancement Fund charges less: 0.81% a year against 1.27%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Long Term Wealth Enhancement Fund and SBI Long Term Advantage Fund - Series V overlap?
8.5%. They hold 3 of the same securities, the largest shared ones being HDFCBANK, SUNPHARMA, SBIN. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Long Term Wealth Enhancement Fund or SBI Long Term Advantage Fund - Series V?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,77,929 in ICICI Prudential Long Term Wealth Enhancement Fund (XIRR 9.5% a year) and ₹8,62,146 in SBI Long Term Advantage Fund - Series V (XIRR 13.6% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Long Term Wealth Enhancement Fund and SBI Long Term Advantage Fund - Series V?
Yes. 8.5% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.