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Monday, December 24, 2012

Invest Online - ICICI Prudential Tax Plan

 
 
 
Investment Details
Basics
Min Investment (Rs) 500
Subsequent Investment (Rs) 500
Min Withdrawal (Rs) 500
Min Balance --
Pricing Method Forward
Purchase Cut-off Time (hrs) 15
Redemption Cut-off Time (hrs) 15
Redemption Time (days) 3
Lock-in 1095 days
Cheque Writing --
 
Type Open End
Load
Entry Load Nil
Exit Load

Nil

 

Aim: Without no market cap or sector bias, investment will be in companies that have a superior growth potential and sound business model

Performance Driver: Aggressive stance, though now more diversified with a higher large-cap exposure

Why Invest?
It has bouts of chart-topping performances and at other times does beat the category average

Flipside: The fund has seen a turnaround in performance only from 2007 and doesn't protect the downside well

Invest if: You are willing to get aggressive on equity while taking the tax benefit

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Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

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