ICICI Prudential Long Term Equity Fund(Tax Saving)

Investment Objective

To generate long-term capital appreciation through investments made primarily in equity funds and equity related securities of companies.

Key Benefits

  • Provide tax deduction upto the limits specified u/s 80C of the Income Tax Act, 1961 is eligible for deduction.
  • Shorter lock-in period of 3 years as compared to other traditional tax saving instruments$


This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • An Equity Linked Savings Scheme that aims to generate long term capital appreciation by primarily investing in equity and related securities and provides tax benefit under section 80C of Income Tax Act, 1961.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Key Features


Open - ended Equity Linked Saving Scheme


ICICI Prudential Long Term Equity Fund (Tax Savings) & ICICI Prudential Long Term Equity Fund (Tax Savings) - Direct Plan


Growth & Dividend

Default Option

Growth, Default sub-option Dividend Reinvestment

Application Amount

Rs.500 (plus in multiples of Rs.1)

Min. Additional Investment

Rs.500/- and in multiples thereof

Entry Load

Not Applicable

Exit Load


Minimum Redemption Amt.

Rs. 500 or all units where amount is less than Rs. 500

Systematic Investment Plan


Systematic Transfer Plan

STP In available

Systematic Withdrawal Plan

Not Available

Fund Manager

Mr. George Heber Joseph