ICICI Prudential Long Term Equity Fund

Return Since Launch

Launch Date

1999-08-19 05:30:00.0

AUM

NA
(as on date NA)

Benchmark

NIFTY 500 TRI

Fund Manager

Mr. Sankaran Nareen and Mr. Harish Bihani

Risk: Moderately High

ICICI Prudential Long Term Equity Fund Overview

ICICI Prudential Long Term Equity Fund is an open ended equity scheme. This ICICI Prudential Long Term Equity Fund is a tax saving scheme which comes with a lock-in period of 3 years. ICICI Prudential Long Term Equity Fund primarily invests in equity and equity related instruments and invests a small portion of its portfolio in money market and debt instruments. This scheme provides benefit of tax under Section 80C of 1961 which can be up to rs. 1.5lacs. The investment objective of this ICICI Prudential Long Term Equity Fund is to generate long-term wealth creation. In this fund you can invest in both ICICI Prudential Long Term Equity Fund (tax saving)- growth and ICICI Prudential Long Term Equity Fund dividend. ICICI Prudential Long Term Equity Fund NAV changes so you should check it every month. ICICI Prudential Long Term Equity Fund (tax saving) will help you to save your tax so this fund is also known as ICICI Prudential Long Term Equity Fund ELSS. You can go for ICICI Prudential Long Term Equity Fund invest online and can start your investment today.

ICICI Prudential Long Term Equity Fund Eligibility Criteria

Individual should be an Indian Citizen
Minor through parent/lawful guardian
Foreign Institutional Investors
Financial Institutions and Investment Institutions
Non-resident Indians/Persons of Indian origin residing abroad
Association of Persons
Partner(s) of Partnership Firms.
Societies
Karta of Hindu Undivided Family
Companies
Trusts

Documents Required For ICICI Prudential Long Term Equity Fund

Along with the KYC application of the applicant, following are the essential documents for investing in ICICI Prudential Long Term Equity Fund-

PAN Card
ID Proof- AADHAR Card, Voter ID Card.
Residential Proof
Passport size Photographs
Duly filled application form
KYC Acknowledgement
Declaration of 3^rd party (for minors)

Advantages of ICICI Prudential Long Term Equity Fund

Transparency

Investors are given the clear picture of where their money is being invested. Transparency in the whole mutual fund investment process is maintained.
Professional Management of Funds

Professional Money Managers decides ICICI Prudential Long Term Equity Fund Investments after market research and economic trends.
Liquidity

Investment in this Mutual Fund ensure liquidity. Investors can redeem on demand depending on the markets.
Risk Diversified

This investment has low risk level.
Tax Benefit

Dividends from Mutual Fund are tax-free. Capital Gain from ICICI Prudential Long Term Equity Fund is considered as long-term capital appreciation and is tax-free.
Unlimited investment option

ICICI Prudential Long Term Equity Fund provide its customers with different investment option depending on their investment objective.
Govt. regulated investment

We all know that this fund is under the regulation of Securities and Exchange Board of India (SEBI). So, there is no chance of forgery.
Small investment option

With the help of this scheme, you can invest a huge amount as well as small amount as per your capability.
Easy Tracking

You can keep an easy access to your investment process and its whereabouts. You can check the NAV details and the price of the market stock in no time.
Fund switched facility

You can anytime switch your investment from one fund to other fund as per your wish.