ICICI Prudential Tax Plan: Tax deduction with high risk
ICICI Prudential Tax Plan is meant for investors who want to get a tax deduction under Section 80C of the Income Tax Act by taking a higher amount of risk, says Arnav Pandya.
November 14, 2011 / 12:20 IST
ICICI Prudential Tax Plan is meant for investors who want to get a tax deduction under Section 80C of the Income Tax Act by taking a higher amount of risk, says Arnav Pandya.
According to Pandya, the presence of an exposure to small and mid caps can lead to higher volatility in the performance so those investors who are willing tolerate such a situation can consider this fund for their exposure considering that the investment has a three year lock in.ICICI Prudential Tax PlanNature: Equity Linked Savings SchemeInception: August 1999Assets under Management: Rs 1259 crore at the end of September 2011Fund Managers: Chintan Haria & Rajat ChandakAnalysis Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
