|Type||Open-ended Equity Linked Savings Scheme|
|Plans||Regular & Direct|
|Options||Growth & Dividend|
|Default Option||Divident Reinvestment|
|Application Amount||₹500/- (plus in multiple of ₹1/-)|
|Minimum Additional Investment||₹500/- & in multiples thereof|
|Entry Load||Nil. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.|
|Redemption cheques issued||-|
|Minimum Redemption Amount||₹1000/- (plus in multiples of ₹1/-)|
|Systematic Investment Plan||Monthly: Minimum of ₹500/- or multiples thereof and 5 post-dated cheques for a minimum of ₹500/- for a block of 5 months in advance
Quarterly: Minimum ₹5000/- + 3 post dated cheques of ₹5000/- each
|Systematic Withdrawal Plan||No|
Forgot Password? Get User ID?
How Can We Help You?
Find relevant answers to most of your queries here.
Submit your request/query.
Check FAQs, raise Service Request, share compliments or raise complaints
Locate our branches and ATMs.
Equity Linked Saving Scheme (ELSS)
Invest in Equity Linked Saving Scheme (ELSS) to avail tax benefit under Sec 80C.
ICICI Prudential Long Term Equity Fund (Tax saving) is an open-ended, diversified equity Mutual Fund scheme with the following benefits:
Lock in period of 3 years.
Option to invest through Systematic Investment Plan (SIP).
The income on the redemption of ELSS units is treated as long-term capital gain , and is not subject to taxation.
ELSS is suitable for investors who want:
An opportunity to earn competitive returns and potential to earn tax-free dividend.
To invest for a shorter tenure of 3 years as compared to other investment options that qualify for Sec 80C
This fund has a lock-in period of 3 years, which gives the fund manager the flexibility to make strategic, long-term investments in a diversified portfolio.
It comprises of a mix of large and medium sized stock, carefully chosen after intensive fundamental analysis and research, having potential of long-term capital appreciation and growth.
Explore the power of simpler and smarter banking. Bank online with over 250 services
Bank on the go with our Mobile Banking services. Download app or use SMS
Pockets by ICICI Bank
VISA powered Universal payment wallet. Download today
Bank 24/7 through a widespread network of over 4,850 branches and 13,722 ATMs