PGIM India Long Term Equity Fund Regular Growth - Latest NAV ₹14, Returns, Performance & Portfolio

PGIM India Long Term Equity Fund Regular Growth

  • highlight
    1.34%
  • highlight
    (+0.02)14

Start your investment

Sorry!
Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
  • 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 Years--
5 Years--
3 Years1.34%
1 Year3.55%
6 Months-4.96%
Fund Details
ISININF663L01FQ8
RiskModerately High risk
Fund TypeELSS (Tax Savings)
NAV14
Exit Load--

More about this fundstar

Top HoldingsWeightage
HDFC Bank Ltd7.24%
Infosys Ltd6.43%
ICICI Bank Ltd6.35%
Reliance Industries Ltd6.25%
Cipla Ltd4.01%
Housing Development Finance Corp Ltd3.74%
Sun Pharmaceuticals Industries Ltd3.66%
ITC Ltd3.37%
Bharti Airtel Ltd3.28%
Larsen & Toubro Ltd3%

About DHFL Pramerica Long Term Equity Fund

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 Long Term Equity Fund

DHFL Pramerica Long Term Equity Fund 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. Having a relatively short performance history, this fund needs some more time to realise its full potential. It was able to contain losses more than its category in 3 month and 1 year time horizon. However, it has not been able to beat the benchmark in the given time period.

Fund Information and Statistics of DHFL Pramerica Long Term Equity Fund

i) Inception / Launch date

DHFL Pramerica Long Term Equity Fund was launched on 11 December 2015 by DHFL Pramerica Mutual Fund.

ii) Risk level

Being a multi-cap fund, DHFL Pramerica Long Term Equity Fund 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 Long Term Equity Fund since July 2017.

v) Entry / Exit load

The fund house does not charge any entry load and exit load for investing in DHFL Pramerica Long Term Equity Fund

Tax benefits of investing in DHFL Pramerica Long Term Equity Fund

DHFL Pramerica Long Term Equity Fund 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.

Related Articlesstar

Customer Reviewsstar

  • " Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "

    IT Developer, Bangalore
  • " I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "

    Software Engineer, Indore
  • " Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "

    Campus Manager, Bangalore

Invest Now in 3 Easy Stepsstar

  • 1
  • 2
  • 3

Why ClearTax Invest?

  • checkOur experts do all the research and offer only the BEST mutual funds
  • checkTrusted by Over 25 Lakh Indians
  • checkInvest in just 5 minutes
  • checkNo paperwork required
  • checkSimple and easy to use

Frequently Asked Questions

  • Read More

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