ICICI
Prudential Long term Equity Fund: Save Income Tax Up to Rs.46,350
Invest
in ICICI Prudential Long term Equity Fund (Tax Saving) and save up to
Rs.46,350*;
The
increase in the investment limit under section 80C of Income Tax Act, 1961 now
allows you to take deduction up to Rs.1.5 lakh.
3 Key
Benefits
1.
Seeks to provide Long term wealth creation
2. Lock
in period 3 years only.
3. Earn
tax free dividends + Tax free Returns#
* Calculated at the highest tax slab rate
applicable for FY 2016 on investment u/s 80C. # As per prevailing tax laws,
returns earned after one year are tax free. Dividends declared are subject to
availability of distributable surplus in the scheme & as per trustee
approval.
|
Basic Details
|
|
|
Fund House:
|
|
|
Launch Date:
|
Aug 19,
1999
|
|
Benchmark:
|
Nifty
500
|
|
Riskometer:
|
-
|
|
Risk Grade:
|
Average
|
|
Return Grade:
|
Above
Average
|
|
Turnover:
|
117%
|
|
Type:
|
Open-ended
|
|
Investment Details
|
|
|
Return since Launch:
|
21.78%
|
|
Minimum Investment (R)
|
500
|
|
Minimum Addl Investment (R)
|
500
|
|
Minimum SIP Investment (R)
|
500
|
|
Minimum No of Cheques
|
6
|
|
Minimum Withdrawal (R)
|
500
|
|
Minimum Balance (R)
|
-
|
|
Exit Load (%)
|
0
|
Performance
|
|
YTD
|
1-Month
|
3-Month
|
1-Year
|
3-Year
|
5-Year
|
10-Year
|
|
Fund
|
-6.93
|
-5.30
|
-6.69
|
-6.76
|
16.44
|
12.55
|
12.69
|
|
Nifty
500
|
-7.55
|
-5.75
|
-9.85
|
-12.71
|
8.83
|
6.24
|
9.40
|
|
Category
|
-7.39
|
-5.84
|
-8.79
|
-9.07
|
14.67
|
10.17
|
10.62
|
|
Rank
within Category
|
27
|
25
|
7
|
22
|
19
|
8
|
5
|
|
Number
of funds in category
|
81
|
77
|
75
|
75
|
70
|
36
|
23
|
As on Jan 22, 2016, Valueresearchonline.com
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