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Equity Funds | Long Term Equity Fund (Tax Saving) - ICICI Prudential Mutual Fund

ICICI Prudential Long Term Equity Fund(Tax Saving)

Medium term investment of funds with tax benefits aiming of capital appreciation.

There are various opportunities that individuals can avail, to save tax u/s 80C of Income tax Act like Public Provident Fund, National Savings Certificate.

When compared to these traditional tax savings instruments$, an Equity Linked Savings Scheme is more opportunistic for individuals, as it provides a shorter lock-in period of three years and potential for higher returns, which are exempt from taxes.

ICICI Prudential Tax Plan, an open-ended equity linked savings scheme, is an opportunity aimed at harnessing the benefits of investing in equity and also providing tax benefits.

Schemes - ICICI Prudential Long Term Equity Fund(Tax Saving)

  • Real Time NAV

  • Closing NAV

     

Investment Philosophy

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

Key Features

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$

 

Who should invest?

  • 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.
Scheme Features
Type An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit.
Underlying
ISIN
NSE Symbol & BSE Scrip ID
BSE Scrip Code
Pricing
Application size - Directly with AMC
Application size through NSE & BSE
Entry Load Not Applicable
Exit Load Nil
Authorized Participant

Fund Manager

Mr. George Heber Joseph

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