PGIM India Long Term Equity Fund Regular Growth - Regular - Latest NAV [ ₹23.54 ], Returns, Performance, Portfolio & Returns 2021

PGIM India Long Term Equity Fund Regular Growth

3 yr CAGR
+15.34%
highlight
  • 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.

Top holdings

HoldingsWeightage
ICICI Bank Ltd7.88%
Infosys Ltd7.03%
HDFC Bank Ltd5.56%
Larsen & Toubro Ltd5.52%
Bharti Airtel Ltd5.35%
Reliance Industries Ltd4.9%
State Bank of India4.7%
HCL Technologies Ltd3.87%
Sun Pharmaceuticals Industries Ltd3.31%
Cipla Ltd3.17%

Calculate returns

Monthly (SIP)
One-Time
yrs
₹4,000 invested monthly becomes 0 in a period of 20 years

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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.

Currently this fund is not available on ClearTax Invest. We request you to checkout otherRelated Fund
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Frequently Asked Questions

What are equity funds?

Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization

What is recommended investment duration?

It is the suggested period for which one should invest in a mutual fund. It does not mean that the money will be locked-in for that period. While the investor can withdraw the money anytime before, it is advisable to stay invested for the suggested period to reap the best benefits (returns).

What are large cap, mid cap, small cap and multi cap equity funds?

SEBI ranks all listed companies based on the overall market capitalization (total value of outstanding shares). Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization. Large-cap funds invest in top 100 companies Mid-cap funds invest in companies ranking from 101 to 250 Small-cap funds invest in companies ranking from 251st onwards Multi-cap funds invest in small cap, mid cap and large cap companies

What are liquid funds?

Liquid funds is a type of mutual funds which have a very short maturity period, not more than 91 days. The shorter maturity period, makes it almost a risk-free investment. Investing in mutual funds will give you higher returns as compared to a savings account which generally offer interests below 4%. At the same time, you can get your money out of liquid funds any time without any penalty or cost.

What are ELSS funds?

ELSS funds are tax saving mutual funds, in which majority of the funds are invested in equity schemes. ELSS has a lock-in period of 3 years. ELSS has benefits over other conventional tax saving instruments like FDs, NPS, etc. It has the lowest lock in period and the returns are higher than the other tax-saving schemes.

What are Balanced/ Hybrid funds?

Hybrid funds are mutual funds in which the fund manager allocates your money in both equity and debt in a certain ratio. The ratio is decided when the fund is announced and it remains constant throughout.

What are annualized returns?

The return for a period more than 1 year is annualized. For instance, a 3-Year Return (annualized) of 18% means the fund gave 18% return each year, on an average, for the last 3 years. An initial investment of Rs 1000 would have grow into: Rs 1000*1.18*1.18*1.18 = Rs 1643 in 3 years.

What is a lock-in period?

It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options.

Should I choose Monthly SIP or One time investment?

An SIP allows you to invest a fixed sum regularly in mutual fund(s) of your choice. A one-time investment is when you invest on-time in bulk in mutual fund(s). SIP comes with few advantages: It allows you to invest small amount every month without the stress of paying in bulk. Investing all through the year averages the cost of investing - you don?t end up paying too much per unit of mutual fund. Gives you financial discipline

Is KYC necessary for ClearTax?

KYC is necessary for all fund houses. If you are investing through ClearTax, you need to do your KYC just once. The same KYC will be used for all further investments.

How to do KYC on ClearTax?

KYC verification through ClearTax is a very simple process. You can verify by: Using OTP sent to your Aadhaar-registered mobile number OR By uploading photos/scans of the required documents

What are short terms funds?

Short term funds are mainly those funds which invest in instruments with short maturities, ranging from 1-3 years. These are ideal for conservative investors as they are not majorly affected by interest rate movement.

What are debt-funds?

Debt funds is an investment vehicle that mainly invest in fixed income securities like corporate bonds, treasury bills, government securities and other money market instruments.

What are Bluechip funds?

Bluechip funds are those funds that invest in stocks of well established companies which have proved to perform financially well over a long period of time.