Don’t just save tax,


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Invest in
DHFL Pramerica
Long Term Equity Fund

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We always love something extra

What can be a better option than saving on tax while creating wealth too. Sounds great, right!
Invest in an ELSS scheme and enjoy the double benefit of saving tax and growing wealth at the same time.

Save tax upto Rs.46,350* and grow your wealth at the same time
#SavingsKaDoubleRole

Invest in
DHFL Pramerica Long Term Equity Fund

(An Open Ended Equity Linked Savings Scheme with
a statutory lock-in of 3 years and tax benefit)

What is ELSS?

DHFL Pramerica Long Term Equity Fund, an Equity-Linked Saving Scheme (ELSS) is a type of mutual fund, with a
minimum lock in period of 3 years that’s suited for long term wealth creation. It falls under section 80C of
the Income Tax Act, 1961, which means it allows you to get a tax deduction on investments of upto Rs. 1,50,000*

Benchmark Index

S&P BSE 200
TR Index

Minimum Application
Amount

Rs. 500/- and in multiples
of Rs. 500/- thereafter

Minimum Additional
Amount

Rs. 500/- and in multiples
of Rs. 500/- thereafter

Exit Load

NIL



Why choose ELSS for your tax-saving investment?

Good question! Here’s why ELSS is an ideal tax saving option for you:


Lowest lock-in period of only 3 years
versus other tax saving investment options


Ease of Investing: Invest and Track
on the go


Wealth generates better over time with
equity market investments


Invest in ELSS through SIP to gain from
SIP benefits as well

Refer the below comparison table of various tax saving options
for better understanding.

ELSS Vs Other Saving Schemes

  DHFL Pramerica Long
Term Equity Fund(ELSS)
PPF NSC Bank FD ULIP
Duration Open Ended 15 Years 5 Years 5 Years Open Ended
Lock-in period 3 Years 15 Years 5 Years 5 Years 5 Years
Min. Amount 500 500 100 Variable Variable
Max. Amount No Limit 1,50,000 No Limit 1,50,000 No Limit
Max. limit for
tax benefit
1,50,000 1,50,000 1,00,000 1,50,000 1,50,000
Returns % Market-linked 8% p.a. 8% p.a. 6.8% p.a. Market-Linked
Tax on income Taxable Tax Free Taxable Taxable Tax Free

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PPF - Public Provident Fund, NSC - National Savings Certificate, FD - Fixed Deposit, ULIP - Unit Linked Insurance Plan. The above table is for illustration purpose only. Unlike PPF, NSC & Bank FD, investment in mutual funds are subject to market risks, hence, the performances may not be strictly comparable. PPF rate is effective from 1st October, 2018, Ministry of Finance (Govt. of india); NSC rate is effective 1st October 2018; Bank FD rate is as on 28th November, 2018. Please consult with your financial advisor before investing.



Calculate Your Savings

Maximum gross yearly income is

300000 5000000


My investment in ELSS is

0 150000

My Payable tax

0

Your Tax after investment

0

You Save

0

*Disclaimer- These calculators are designed to be informational and educational tools only, and when used alone, do not constitute investment advice. We strongly recommend that you seek the advice of a financial services professional before making any type of investment. Applicable only to Individuals other than senior citizens/ super senior citizens.

Fund Performance

  FUND S&P BSE 200 TR Index* NIFTY 50 TR Index#
PERIOD Return(%) Value(INR) Return(%) Value(INR) Return(%) Value(INR)
Regular Plan - Growth Option
Last 1 Year -2.65 9,735.15 3.54 10,353.61 7.82 10,782.43
Since Inception 10.90 13,600.00 14.36 14,900.06 14.27 14,868.21
Direct Plan - Growth Option
Last 1 Year -0.70 9,929.82 3.54 10,353.61 7.82 10,782.43
Since Inception 12.06 14,029.40 14.36 14,900.06 14.27 14,868.21

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Date of Inception : Regular Plan: December 11, 2015; Direct Plan: December 11,2015. CAGR - Compounded Annual Growth Rate
^ Scheme Benchmark # Standard Benchmark *Based on standard investment of Rs.10,000 made at the beggining of the relevant period. Past performance may or may not
be sustained in future and should not be used as a basis for comparison with other investments.
Last 3 years and 5 years returns are not provided since the scheme has not completed 3 years
Different plans have a different expense structure.
Avinash Agarwal is managing this fund since July 27, 2017.

Fund Manager Speaks

Frequently Asked Questions

What is ELSS?

ELSS or Equity Linked Saving Scheme is an equity mutual fund with the dual benefit of saving tax and wealth creation with a lock in period of 3 years. Investment in ELSS funds qualifies for deduction of upto Rs 1.5 lakh under Section 80C of the Income Tax Act.

How much tax can be saved by investing in ELSS?

It depends upon the tax bracket an investor falls in. In the highest tax bracket of 30%, if the investment in ELSS is Rs. 1,50,000 , investor can save upto 46,350*. Given the investments in ELSS are made in the equity markets, the returns are much higher than most investment options with tax saving benefits in the longer run.

Should my first mutual fund investment be in ELSS?

Yes, until you consume your saving limit of upto Rs. 1.5 Lac Rupees under section 80C, your investments in mutual funds must go in a ELSS fund through SIP mode.

Is there an exit load on ELSS?

ELSS as an investment option has a lock in period of 3 years and the investor is not allowed to redeem his/her investment. After the lock in period, there is no exit load but the investor can choose to stay invested.

How long should I stay Invested?

When you want to plan for long term goals, you should also stay invested for a longer period of time. The minimum period is 3 years. However, based on the different life goals you have in mind, investment for a span of 5-10 years is advisable.

In ELSS, do SIPs give better returns than lump sum investments?

It depends on the market conditions. If the volatility is high in the market, SIP will give better return than lump sum because you can buy units at a lower cost. On the other hand, if volatility is low in the market, SIPs will give lower returns than lump sum investments, because you will be buying units at a higher price.

Are returns on ELSS taxed?

After 3 years returns from ELSS will be taxed under Long term capital gain (LTCG).

Product Labelling and Riskometer

This product is suitable for investors who are seeking*:

  • Long-term capital appreciation
  • To generate long-term capital appreciation by predominantly investing in equity & equity related instruments and to enable eligible investors to avail deduction from total income, as permitted under the Income Tax Act, 1961 as amended from time to time.
  • Degree of risk - MODERATELY HIGH

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

*As per the present tax laws, eligible investors (individual/ HUF) are entitled to deduction from their gross total income, of the amount invested in equity linked saving scheme (ELSS) upto Rs. 1,50,000/- (along with other prescribed investments) under Section 80C of the Income Tax Act, 1961. Tax savings of Rs. 46,350/- shown above is calculated for the highest income tax slab. Long term capital gain and dividend distribution tax as applicable. Tax benefits are subject to the provisions of the Income Tax Act, 1961 and are subject to amendments, from time to time. Pramerica is a trade name used by Prudential Financial, Inc., (PFI) a company incorporated and with its principal place of business in the United States, and by its affiliated companies in select countries outside the United States. None of these companies are affiliated in any manner with Prudential plc, a company incorporated in the United Kingdom.