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REVIEW : ICICI-PRUDENTIAL TAX PLAN (ELSS):


SCHEME OBJECTIVE:

 ICICI PRU TAX PLAN IS A EQUITY DIVERSIFIED ELSS SCHEME OF ICICI PRUDENTIAL MUTUAL FUND. SCHEME OBJECTIVE IS TO SEEK LONG TERM CAPITAL APPRECIATION BY INVESTING 90% OF TOTAL ASSET IN EQUITY AND 10% IN DEBT SECURITIES.

SCHEME CARRIES 80C TAX BENEFIT BENEFIT AND UNITS ARE UNDER LOCK IN FOR 3 YRS.

FUND COME IN A FOCUS IN 2009 AFTER BEATING BENCHMARK BY A HIGHER RANGE.IT OFFERS RETURNS OF 130% IN 2009.

TOP 10 HOLDING OF ICICI-PRU TAX PLAN:

1.RELIANCE INDUSTRIES.

2.CADILA HEALTHCARE.

3.BHARATI AIRTEL.

4.INFOSYS.

5.STERLITE INDUSTRIES.

6.ICICI BANK.

7.CORPORATION BANK.

8.ONGC.

9.HDFC BANK

10 TATA STEEL.

RETURNS OFFERED:

1. SINCE INCEPTION: 25% COMPOUNDED ANNUALLY.

2.LAST 3 YRS : 12.41% .      (BENCHMARK RETURNS : 6.64 %) .

  

DIVIDEND HISTORY OF ICICI-PRU TAX PLAN:

DATE DIVIDEND (Rs. PER UNIT)
16 MAR.2000 6.00
24 JULY 2003 1.20
25 MAR.2004 4.50
28 DEC 2004 2.50
23 AUG 2005 2.50
20 MAR 2006 5.00
10 NOV 2006 2.50
09 FEB 2007 5.00
17 AUG 2007 2.00
18 JAN 2008 2.00
18 JULY 2008 1.50
04 DEC 2009 4.00
18 FEB 2011 2.00

          

 MINIMUM INVESTMENT:

RS. 500/- FOR LUMPSUM AND SYSTEMATIC WAY.

IF YOU WISH TO INVEST CALL ME – 9225965529.

I PROVIDE FREE HOME / OFFICE SERVICE ANYWHERE IN PUNE AND SURROUNDING AREA.

FOR OUTSTATION INVESTOR ,,FORMS CAN SEND VIA COURIER / REGISTERED POST SUBJECT TO CHEQUE  IS PAYABLE AT PAR.


Category: Mutual Funds

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4 Responses

  1. Yogesh says:

    How is HDFC Top 200 fund.
    I want ti start SIP in this fund.

  2. Sulekha says:

    I think Fidelity tax advantage is more better than what you have suggested.

    • admin says:

      Thank you for your comment.
      Fidelity tax advantage is also a good fund and have given good returns in last year.But,,I think ICICI pru tax plan will be better for a longer term investor considering both risk and return.

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