Indiatimes|The Times of India|The Economic Times| More Facebook|Log In|Join| The Economic Times Investor's Guide NewsStock Quote Home NewsNew Markets IPO Personal Finance Tech Jobs Opinion Features Environment Blogs ET NOW ET Sunday Magazine Executive Drive ET500 ET Realty Brand Equity Corporate Dossier ET Travel Investor's Guide Financial Times CMO Hub ET Slideshows You are here: Home » Features » Investor's Guide 6 Feb, 2012, 05.05AM IST, Bakul Chugan Tongia,ET Bureau Fund review: ICICI Prudential tax plan Close Story Comments Read more on »investment|ICICI Prudential Tax Plan|CAGR|benchmark index portfolio Launched on February 2006 ICICI Prudential Tax Plan has shown that it can deliver big returns during rallies. Investors with a long-term perspective can consider it, but they should keep in mind that its high exposure to mid-caps makes it vulnerable to swings in the short term. Going by its past performance, ICICI Prudential Tax Plan has delivered stupendous returns in market rallies, especially in 2009 and 2010. However, a high exposure to midcap stocks has impacted the scheme's performance in downturns as is reflected in 2008 and 2011. While the scheme has managed to beat its benchmark index consistently since its launch, its competitors have gained an edge during the downturns. However, given its tax-saving cadre, investors are bound to stay invested for the three-year lockin period and those who are invested have more than enough reason to cheer. /photo.cms?msid=11773190 Basics NAV 52 WEEK: High Rs 145.3 Low Rs 113.6 BENCHMARK: S&P CNX 500 NET ASSETS (Cr) Rs 1,197.24 (Dec 2011) EXPENSE RATIO 2% With its awesome performance in 2009 and 2010, the scheme posted a CAGR of about 36% in the past three years, making it one of the best performers in its category. Its strategic investment calls in metals and capital goods that backfired last year have boosted its returns in the current calendar year so far. Investors can consider this scheme from a long-term investment perspective. /photo.cms?msid=11773208 Download ET's mobile applications for iPad, iPhone, Android, BlackBerry, Nokia and Windows Phone to track news as it happens, live stock quotes, monitor portfolio, get market stats like gainers, losers and movers & much more. To check out free Economic Times apps , Click here For Features news updates, follow ET on Twitter Do you like this story? Post a Comment Follow this topic PREVIOUS STORY Transformation of internet darlings like Facebook, Twitter into public traded companies may spell the end for private exchanges With Facebook on the verge of listing on either the New York Stock Exchange or the Nasdaq, the secondary market is faced with the prospect of losing its golden goose. 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Mumbai | Delhi | Bangalore | Kolkata SHOP MOBILE 58888 Adidas Set of 3 Deo's for MenAdidas Set of 3 Deo's for Men 19% Off on MRP 1% Off on Olympus VG110 31% Off on Samsung Camera ES30 70% Off on Nokia BH-503 Bluetooth more » Get a Quote Browse Companies ABCDEFGHIJKLMNOPQRSTUVWXYZ|123456789 Home|News|Markets|Personal Finance|Mutual Funds|Infotech|Jobs|Opinion|Features|Videos|My Portfolio Other Times Group news sites Times of India|इकनॉमिक टाइम्स ઈકોનોમિક ટાઈમ્સ|Mumbai Mirror Times Now|Indiatimes नवभारत टाइम्स|महाराष्ट्र टाइम्स Living and entertainment Timescity|iDiva|Bollywood|Zoom Networking itimes|Dating & Chat|Email Hot on the Web Buy Nokia Phones|Valentines Gifts Elections 2012|Elections 2012 News Budget 2012|Lata Mangeshkar Songs Services Book print ads|Online shopping|Business solutions|Book domains|Web hosting Business email|Free SMS|Free email|Website design|CRM|Tenders|Remit Cheap air tickets|Matrimonial|Ringtones|Astrology|Jobs|Property|Buy car Bikes in India|Online Deals About us/Advertise with us/Careers @ TIL/Terms of use/Privacy Policy/Feedback/Sitemap/Code of Ethics Copyright© 2012 Times Internet Limited. All rights reserved.Indiatimes|The Times of India|The Economic Times| More Facebook|Log In|Join| The Economic Times Investor's Guide NewsStock Quote Home NewsNew Markets IPO Personal Finance Tech Jobs Opinion Features Environment Blogs ET NOW ET Sunday Magazine Executive Drive ET500 ET Realty Brand Equity Corporate Dossier ET Travel Investor's Guide Financial Times CMO Hub ET Slideshows You are here: Home » Features » Investor's Guide 6 Feb, 2012, 05.05AM IST, Bakul Chugan Tongia,ET Bureau Fund review: ICICI Prudential tax plan Close Story Comments Read more on »investment|ICICI Prudential Tax Plan|CAGR|benchmark index portfolio Launched on February 2006 ICICI Prudential Tax Plan has shown that it can deliver big returns during rallies. Investors with a long-term perspective can consider it, but they should keep in mind that its high exposure to mid-caps makes it vulnerable to swings in the short term. Going by its past performance, ICICI Prudential Tax Plan has delivered stupendous returns in market rallies, especially in 2009 and 2010. However, a high exposure to midcap stocks has impacted the scheme's performance in downturns as is reflected in 2008 and 2011. While the scheme has managed to beat its benchmark index consistently since its launch, its competitors have gained an edge during the downturns. However, given its tax-saving cadre, investors are bound to stay invested for the three-year lockin period and those who are invested have more than enough reason to cheer. /photo.cms?msid=11773190 Basics NAV 52 WEEK: High Rs 145.3 Low Rs 113.6 BENCHMARK: S&P CNX 500 NET ASSETS (Cr) Rs 1,197.24 (Dec 2011) EXPENSE RATIO 2% With its awesome performance in 2009 and 2010, the scheme posted a CAGR of about 36% in the past three years, making it one of the best performers in its category. Its strategic investment calls in metals and capital goods that backfired last year have boosted its returns in the current calendar year so far. Investors can consider this scheme from a long-term investment perspective. /photo.cms?msid=11773208 Download ET's mobile applications for iPad, iPhone, Android, BlackBerry, Nokia and Windows Phone to track news as it happens, live stock quotes, monitor portfolio, get market stats like gainers, losers and movers & much more. To check out free Economic Times apps , Click here For Features news updates, follow ET on Twitter Do you like this story? Post a Comment Follow this topic PREVIOUS STORY Transformation of internet darlings like Facebook, Twitter into public traded companies may spell the end for private exchanges With Facebook on the verge of listing on either the New York Stock Exchange or the Nasdaq, the secondary market is faced with the prospect of losing its golden goose. NEXT STORY Europe's leaders must not sacrifice union to save euro The euro-area crisis is forcing many of the European Union's long-running political disputes to the surface at the same time. There are no comments on this article yet. Why don't you post one? Comments are moderated and will be allowed if they are about the topic and not abusive. Your comment Characters remaining (1500) To post this comment you must log in. Log In/Connect with: Log In with FacebookLog In with Twitter More Login Options or Fill in your details: Will be displayedWill not be displayed Will be displayed Share this Comment: Post to Facebook Post to Twitter Please answer this simple math question. 4 + 3 = LATEST FROM ET LATEST FROM WEB 'PSUs to clear illegal occupation on their property' 6.8 quake in Philippines kills 13, buries homes UAE, KSA top destinations for duping Punjab workers BSP govt involved in corruption: Mulayam China defends Syria veto, denies sheltering Assad more » MOST READ MOST COMMENTED MOST SHARED In This Section | Entire Website 1 Hold existing investments for better returns:... 2 Redemption Time: Government actions and polic... 3 Sector Analysis: IT struggles to pick up pace... 4 Persistent Systems: New-tech focus to help; m... 5 Expert view on outlook for Infosys, L&T, ITC... Slide Shows 1 / 6more » India's major modernisation programmes India plans to spend about $100 billion over the next 10 years to upgrade its largely Soviet-era military equipment.India's major modernisation programmes Know your needs for best financial advice Tax planning is no child’s play. Choose a financial planner who can guide you as per your financial & personal requirements.Know your needs for best financial advice Make the most of 'day-care' covers ET explains the benefits of ‘day-care’ & out-patient department coverage that health insurance companies offer.Make the most of 'day-care' covers How to search the web faster? ET shows you how to search faster, more accurately and have some fun while doing it too.How to search the web faster? Five ways to leverage LinkedIn for a job LinkedIn - often ignored or underutilised - is just one of the most efficient resources to find a good job.Five ways to leverage LinkedIn for a job Seven habits of effective tax planners ET offers some tips to help you avoid the common mistakes most people make while planning their investments.Seven habits of effective tax planners ET Mobile Get Economic Times on the go. Get your portfolio updates by the minute ET ePaper Get a replica of your favourite edition of ET and feel at home. Mumbai | Delhi | Bangalore | Kolkata SHOP MOBILE 58888 Adidas Set of 3 Deo's for MenAdidas Set of 3 Deo's for Men 19% Off on MRP 1% Off on Olympus VG110 31% Off on Samsung Camera ES30 70% Off on Nokia BH-503 Bluetooth more » Get a Quote Browse Companies ABCDEFGHIJKLMNOPQRSTUVWXYZ|123456789 Home|News|Markets|Personal Finance|Mutual Funds|Infotech|Jobs|Opinion|Features|Videos|My Portfolio Other Times Group news sites Times of India|इकनॉमिक टाइम्स ઈકોનોમિક ટાઈમ્સ|Mumbai Mirror Times Now|Indiatimes नवभारत टाइम्स|महाराष्ट्र टाइम्स Living and entertainment Timescity|iDiva|Bollywood|Zoom Networking itimes|Dating & Chat|Email Hot on the Web Buy Nokia Phones|Valentines Gifts Elections 2012|Elections 2012 News Budget 2012|Lata Mangeshkar Songs Services Book print ads|Online shopping|Business solutions|Book domains|Web hosting Business email|Free SMS|Free email|Website design|CRM|Tenders|Remit Cheap air tickets|Matrimonial|Ringtones|Astrology|Jobs|Property|Buy car Bikes in India|Online Deals About us/Advertise with us/Careers @ TIL/Terms of use/Privacy Policy/Feedback/Sitemap/Code of Ethics Copyright© 2012 Times Internet Limited. All rights reserved.Launched on February 2006 ICICI Prudential Tax Plan has shown that it can deliver big returns during rallies. Investors with a long-term perspective can consider it, but they should keep in mind that its high exposure to mid-caps makes it vulnerable to swings in the short term. Going by its past performance, ICICI Prudential Tax Plan has delivered stupendous returns in market rallies, especially in 2009 and 2010. However, a high exposure to midcap stocks has impacted the scheme's performance in downturns as is reflected in 2008 and 2011. While the scheme has managed to beat its benchmark index consistently since its launch, its competitors have gained an edge during the downturns. However, given its tax-saving cadre, investors are bound to stay invested for the three-year lockin period and those who are invested have more than enough reason to cheer. /photo.cms?msid=11773190 Basics NAV 52 WEEK: High Rs 145.3 Low Rs 113.6 BENCHMARK: S&P CNX 500 NET ASSETS (Cr) Rs 1,197.24 (Dec 2011) EXPENSE RATIO 2%

Launched on February 2006

ICICI Prudential Tax Plan has shown that it can deliver big returns during rallies.

Investors with a long-term perspective can consider it, but they should keep in mind that its high exposure to mid-caps makes it vulnerable to swings in the short term.

Going by its past performance, ICICI Prudential Tax Plan has delivered stupendous returns in market rallies, especially in 2009 and 2010.

However, a high exposure to midcap stocks has impacted the scheme's performance in downturns as is reflected in 2008 and 2011.

While the scheme has managed to beat its benchmark index consistently since its launch, its competitors have gained an edge during the downturns.

However, given its tax-saving cadre, investors are bound to stay invested for the three-year lockin period and those who are invested have more than enough reason to cheer.

Basics

NAV 52 WEEK: High Rs 145.3 Low Rs 113.6

BENCHMARK: S&P CNX 500

NET ASSETS (Cr) Rs 1,197.24 (Dec 2011)

EXPENSE RATIO 2%

D KSETH

PGDM 2ND SEM