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    Rama Krishna Tadikonda
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    The document compares two investment options for systematic investment plans (SIPs): 1) directly investing in an ICICI Prudential Tax Plan fund with 3-year lock-in periods, where investing ₹3,500, ₹4,000 or ₹5,000 monthly could yield returns of 25-29% after 3 years; 2) depositing a lump sum into a systematic transfer plan (STP) fund earning 6-7% interest, and using ₹3,500 of that monthly for the Tax Plan with no lock-in period on the remaining STP amount. The document directs checking icicipruamc.com for fund performance details.

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    The document compares two investment options for systematic investment plans (SIPs): 1) directly investing in an ICICI Prudential Tax Plan fund with 3-year lock-in periods, where investing ₹3,500, ₹4,000 or ₹5,000 monthly could yield returns of 25-29% after 3 years; 2) depositing a lump sum into a systematic transfer plan (STP) fund earning 6-7% interest, and using ₹3,500 of that monthly for the Tax Plan with no lock-in period on the remaining STP amount. The document directs checking icicipruamc.com for fund performance details.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    3 views1 page

    New Microsoft Office Word Document

    Uploaded by

    Rama Krishna Tadikonda
    The document compares two investment options for systematic investment plans (SIPs): 1) directly investing in an ICICI Prudential Tax Plan fund with 3-year lock-in periods, where investing ₹3,500, ₹4,000 or ₹5,000 monthly could yield returns of 25-29% after 3 years; 2) depositing a lump sum into a systematic transfer plan (STP) fund earning 6-7% interest, and using ₹3,500 of that monthly for the Tax Plan with no lock-in period on the remaining STP amount. The document directs checking icicipruamc.com for fund performance details.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    of 1

    Investment option -1 sip(systematic investment plan)

    Sir here are sip return calculations for three figures 3000,4000,5000 per month

    ICICI PRUDENTIAL TAX PLAN 3 years lock in period


    Amount to be invested in each 3500 If 4000 5000
    instalment
    period 36 months 36 months 36 months
    Total amount invested 126000 144000 180000
    Returns at 25% 188779 215747 269683.74

    Past 3 years performance of tax plan 202073 230940.60 288675.65


    29% returns

    Investment option -2 SIP through STP(systematic transfer plan

    In this investment option you can deposit lumsum lets say 126000 in STP, from there every
    instalment lets say 3500 per month will be invested. Remaining amount in STP will be given 6-7%
    interest rate. There is no lock in period for the amount kept in STP you can with draw that amount
    whenever you needed

    NOTE:-sir you can refer to www.icicipruamc.com for our fund performances

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