Long Term Capital Growth.
Investment in equity and equity related securities.
Risk - Moderately High.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
|Investment Objective||To provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets.
An open ended equity linked tax saving Scheme - previously called as Dhan Tax Saver 1997, launched on 01.01.1997 as a 10 year close ended equity linked tax saving scheme) made open w.e.f. 17th April 2000 offers investors the opportunity to seek Tax rebate u/s 80C of the Income Tax Act 1961. However, there is no assurance that the investment objective of the Schemes will be realized.
|Minimum Application Amount||Application Amount (Other than fresh purchase through SIP) – Rs.5,00/- and in multiples of Rs.500/- thereafter.
SIP Amount – 1)Daily – 500/- and in multiples of Rs.500/- thereafter.
2)Monthly – 500/- and in multiples of Rs.500/- thereafter.
3)Quarterly – Rs.1500/- and in multiples of Rs.500/- thereafter.
|Minimum Additional Amount (for subsequent investments under an existing folio)||INR 500/- and in multiples of INR 500/- thereafter.|
|Benchmark Index||Nifty 500 Index|
|Load Structure||Entry Load – Nil
Exit Load - NIL
(Subject to Lock-In Period of 3 years)
|Minimum Redemption||Minimum of INR 500/- and in multiples of INR 500/- thereafter.|
|Asset Allocation Pattern||
|Fund Manager||Mr. Sachin Relekar|
|Plans Available||Regular Plan and Direct Plan.
(The Regular and Direct plan will have a common portfolio)
|Options Available||1) Dividend Payout
|Applicable NAV||The NAV applicable for purchase or redemption or switching of Units based on the time of the Business Day on which the application is time stamped.|
|Risk Factors||For detailed scheme/securities related risk factors, please refer to the Scheme Information Document|
|Statutory Details: Sponsor: Life Insurance Corporation of India.
Investment Manager: LIC Mutual Fund Asset Management Ltd. CIN: U67190MH1994PLC077858
"*Mutual Fund investments are subject to market risks, read all scheme related documents carefully."