SHRIRAM Long Term Equity Fund
Shriram Mutual Fund has launched new Open Ended Equity Linked Saving Scheme (ELSS), SHRIRAM Long Term Equity Fund.
Scheme Type:-
An Open Ended Equity Linked Saving Scheme with a Statutory Lock in of 3 Years and Tax Benefit.
NFO Period:-
December 17, 2018 To January 18, 2019 and at prevailing NAV after NFO period.
Advantages of ELSS
ELSS or tax-saving funds are the smartest investment options for the long term. They come with benefits such as:
- Dual Benefits: Investment Growth through Equity as well as Tax Saving.
- Superior Returns
- Better Liquidity
- Compulsory 3 Year Lock-in Period: Lower Risk
- Fund Manager Flexibility: Performance Stability
- Long-term Outlook
- Diversified Portfolio
Investment Objective:-
The primary investment objective of the Scheme is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and enable investors to avail the income tax rebate, as permitted from time to time.
However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
This Scheme is suitable for investors seeking:-
- Long term capital appreciation with a 3 years lock in and tax benefit
- investment in diversified portfolio of predominantly equity & equity-related securities.
Minimum Application Amount:-
Minimum of Rs. 500/- and in multiples of Rs. 500/- thereafter.
Benchmark Index:-
NIFTY 500 index.
No Transaction Charges on any Investment Amount.
To Invest
Application form can be downloaded via Application Form Shriram Long Term Equity Fund
Cheque will be drawn in favor of Shriram Long Term Equity Fund.
To Download KYC Forms Click Here
Application Forms can be sent at Your nearest CAMS Location
For More Information Call 9315120004, 9896155783, You can also whatsapp your query @ 9896155783.