Fill in your details to know more
DHFL Pramerica Tax Savings Fund(An open ended equity linked savings scheme with a lock-in period of 3 years)
Only 3 Years Lock-in
Save Tax upto `46,350*
Double Tax Benefit
Opportunity to Earn Better Returns#
What is an ELSS?
DHFL Pramerica Tax Savings Fund, an Equity Linked Savings Scheme (ELSS), is a diversified equity mutual fund which invests majority of its corpus in equities. Investments in ELSS are entitled to deduction from gross total income tax, upto the limit of `1,50,000/- under Section 80C of the Income Tax Act, 1961*.
How much tax can you save?
  Amount (in `)
Without investments under Sec 80C With investments under Sec 80C Without investments under Sec 80C With investments under Sec 80C Without investments under Sec 80C With investments under Sec 80C
Gross Income 5,00,000 5,00,000 10,00,000 10,00,000 15,00,000 15,00,000
Investment in ELSS under Section 80C
(DHFL Pramerica Tax Savings Fund)
- 1,50,000 - 1,50,000 - 1,50,000
Net Taxable Income 5,00,000 3,50,000 10,00,000 8,50,000 15,00,000 13,50,000
Gross Tax Liability 25,000 10,000 1,25,000 95,000 2,75,000 2,30,000
Less: rebate if income upto `5,00,000 5,000 5,000 - - - -
Net Tax Liability 20,000 5,000 1,25,000 95,000 2,75,000 2,30,000
Plus Educational Cess @ 3% 600 150 3,750 2,850 8,250 6,900
Total Tax Liability 20,600 6,150 1,28,750 97,850 2,83,250 2,36,900
Tax Saved - 15,450 - 30,900 - 46,350
  Amount (in `)
Without investments under Sec 80C With investments under Sec 80C
Gross Income 5,00,000 5,00,000
Investment in ELSS under Section 80C
(DHFL Pramerica Tax Savings Fund)
- 1,50,000
Net Taxable Income 5,00,000 3,50,000
Gross Tax Liability 25,000 10,000
Less: rebate if income upto `5,00,000 2,000 2,000
Net Tax Liability 23,000 8,000
Plus Educational Cess @ 3% 690 240
Total Tax Liability 23,690 8,240
Tax Saved - 15,450
  Amount (in `)
Without investments under Sec 80C With investments under Sec 80C
Gross Income 10,00,000 10,00,000
Investment in ELSS under Section 80C
(DHFL Pramerica Tax Savings Fund)
- 1,50,000
Net Taxable Income 10,00,000 8,50,000
Gross Tax Liability 1,25,000 95,000
Less: rebate if income upto `5,00,000 - -
Net Tax Liability 1,25,000 95,000
Plus Educational Cess @ 3% 3,750 2,850
Total Tax Liability 1,28,750 97,850
Tax Saved - 30,900
  Amount (in `)
Without investments under Sec 80C With investments under Sec 80C
Gross Income 15,00,000 15,00,000
Investment in ELSS under Section 80C
(DHFL Pramerica Tax Savings Fund)
- 1,50,000
Net Taxable Income 15,00,000 13,50,000
Gross Tax Liability 2,75,000 2,30,000
Less: rebate if income upto `5,00,000 - -
Net Tax Liability 2,75,000 2,30,000
Plus Educational Cess @ 3% 8,250 6,900
Total Tax Liability 2,83,250 2,36,900
Tax Saved - 46,350
Income estimates for an individual less than 60 years of age. The above simulation is for illustration purpose only. As per 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 `1,50,000/- (along with other prescribed investments) under Section 80C of the Income Tax Act, 1961. Tax benefits are subject to the provisions of the Income Tax Act, 1961 and are subject to amendments, from time to time.
How does it compare with other tax saving options under Section 80C?ELSS has the lowest lock-in period of three years as compared to other options which have a minimum lock of 5 years.
  PPF NSC Bank FD ULIP DHFL Pramerica
Tax Savings Fund (ELSS)
Lock-in 15 Years 5 Years 5 Years 5 Years 3 Years
Minimum Investment `500 `100 Variable Variable `500
Returns% 8.00% p.a. 8.10% p.a. 7.00% to 7.50% p.a. Market Linked Market Linked
Tax on Exit Tax Free Taxable Taxable Tax Free Tax Free
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, 2016, Ministry of Finance (Govt. of india); NSC rate is effective 1st April 2016; Bank FD rate is SBI’s Term Deposits Rate as on 17th November 2016. Interest on PPF is tax-free, interest on NSC and Bank FD is taxable. Dividend and Long term capital gains on ELSS schemes are tax free for investors.
Key Features
Benchmark Index:BSE 200 Index
Exit Load:Nil
Fund Manager:Mr. Akash Singhania
Minimum Initial Investment`500/- and in multiples of `500/- thereafter.
Minimum Additional Investment`500/- and in multiples of `500/- thereafter.
Why should you invest in DHFL Pramerica Tax Savings Fund?
  • Opportune time to invest and stay put for the long term
  • Mandated three year lock-in ensures that you do no react to market swings and continue to remain invested
  • DHFL Pramerica Tax Savings Fund invests most of its corpus in equities
  • DHFL Pramerica Tax Savings Fund has a diversified portfolio across market capitalization
This product is suitable for investors who are seeking*
  • Long-term capital appreciation.
  • To generate long-term capital appreciation by predominantly investing in equity and 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.
*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 `1,50,000/- (along with other prescribed investments) under Section 80C of the Income Tax Act, 1961. Tax savings of `46,350/- shown above is calculated for the highest income tax slab. Additionally, long term capital gain tax is exempt on equity oriented funds. Tax benefits are subject to the provisions of the Income Tax Act, 1961 and are subject to amendments, from time to time. # ELSS as a category has delivered average annualized returns of 16.01% p.a. for last 3 years and 16.64% p.a. for last 5 years (Source: ACE MF. Data as on December 30, 2016). Past performance may or may not be sustained in the future. ELSS has the shortest lock-in period of 3 years, as compared to other tax saving instruments which have a minimum lock-in of 5 years.

This webpage has been prepared by DHFL Pramerica Asset Managers Private Limited (erstwhile Pramerica Asset Managers Private Limited) (the AMC) on the basis of publicly available information, internally developed data and other third party sources believed to be reliable. However, the AMC cannot guarantee the accuracy of such information, assure its completeness, or warrant such information will not be changed. This document does not take into account individual investor’s objectives, needs or circumstances or the suitability of financial products described herein. Hence, each investor is advised to consult his or her own professional investment/ tax advisor/ consultant for advice in this regard. These materials are not intended for distribution to or use by any person in any jurisdiction where such distribution would be country to local law or regulation.
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
Pramerica is the trade name used by Prudential Financial, Inc., 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
C119/16-17