DHFL Pramerica Tax Plan Growth - Latest NAV ₹30.43, Returns, Performance & Portfolio

DHFL Pramerica Tax Plan Growth

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    10.18%
  • highlight
    (+0.07)30.43

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  • Save up to Rs 46,800 in taxes every year.
  • Highest returns compared to other 80C investments.
  • Lowest lock-in of 3 years
Tax Saving FDPPFELSS
Average Annualised Returns i
6%8%12%
Tax rates i
30%Not taxable10%*
Returns after tax i
4.2%8.00%10.80%
Current rate of Inflation i
4%4%4%
Real Rate of Return i
0.2%4.00%6.80%
Lock-in Period i
5 years15 years3 years
*Taxable @ 10% over and above Rs 1 lakh.

Fund Summarystar

PeriodReturns(per year)
10 Years10.71%
5 Years10.18%
3 Years8.16%
1 Year-2.19%
6 Months4.61%
Fund Details
ISININF223J01358
RiskModerately High risk
Fund TypeELSS (Tax Savings)
NAV30.43
Exit Load--

More about this fundstar

Top HoldingsWeightage
HDFC Bank Ltd9.07%
Reliance Industries Ltd7.38%
ICICI Bank Ltd7.21%
Axis Bank Ltd5.89%
Infosys Ltd5.77%
ITC Ltd5%
Larsen & Toubro Ltd4.58%
State Bank of India4.06%
Tata Consultancy Services Ltd3.87%
Kotak Mahindra Bank Ltd3.48%

About DHFL Pramerica Tax Plan

DHFL Pramerica Long Term Equity Fund is an open ended equity linked saving scheme. It has a statutory lock in of 3 years and provides tax benefits Section 80C of the Income Tax Act up to Rs. 1.50 lakh. The fund’s primary investment objective is to provide long term capital growth by predominantly investing in equity & equity related instruments and provide tax benefits to the customers under Section 80C. However, the scheme does not guarantee assured returns due to presence of market risks.

Pros & Cons of DHFL Pramerica Tax Plan

DHFL Pramerica Tax Plan offers the following benefits:

  1. Save upto ?46,800 in taxes under section 80C of Income Tax Act, 1961 (by investing in ELSS funds)
  2. Shortest lock-in period allows the fund manager to take better decision and look through the interim volatility.
  3. Being a star-rated fund, it has been able to deliver exceptionally higher returns than the benchmark and the category in 5 year and 3 year period respectively. However, it lagged behind both in 10 year period.

Fund Information and Statistics of DHFL Pramerica Tax Plan

i) Inception / Launch date

DHFL Pramerica Tax Plan was launched on 20 March 2006 by DHFL Pramerica Mutual Fund.

ii) Risk level

Being a multi-cap fund, DHFL Pramerica Tax Plan is a moderately high risk bet and suitable for investors who have a long-term investment horizon of more than 5 years.

iii) Redemption

Redemption of Units can be made only after the expiry of the lock-in period of three years from the date of allotment of units which the holder has proposed to redeem. It will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Mr. Avinash Agarwal, who holds a rich experience of fund management with prestigious fund houses, has been managing the DHFL Pramerica Tax Plan since July 2017.

v) Entry / Exit load

The fund house does not charge any entry load and exit load for investing in DHFL Pramerica Tax Plan

Tax benefits of investing in DHFL Pramerica Tax Plan

DHFL Pramerica Tax Plan has a lock-in period of three years which is the lowest amongst all other tax saving alternatives available in India. It helps you to claim a tax deduction of up to Rs. 1.5 lakhs under Section 80C from your Gross Total Income and enables saving taxes up to Rs. 46,800.

About DHLF Mutual Fund

DHFL Pramerica Mutual Fund, incorporated under the Companies Act, 1956, has its headquarters in Mumbai. It offers value-added investment alternative via its network of branches spread across 19 prominent cities in the country. It combines global resources, local investment expertise and intellectual acumen to formulate superior and wealth-building solutions for the clients.

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Frequently Asked Questions

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Start your investment

Sorry!
Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns