Future Value: ₹5,24,183 at 14% for 10 years. Wealth gained: ₹2,84,183.
| Year | Invested | Returns | Total Value |
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A monthly SIP of ₹2,000 in ICICI Prudential ELSS funds at 14% for 10 years grows to ₹5,24,183. Total amount invested: ₹2,40,000, wealth gained: ₹2,84,183. Popular schemes: ICICI Pru Long Term Equity Fund (Tax Saving).
At 14% expected return for 10 years, ₹2,000/month SIP in ICICI Prudential ELSS funds grows to approximately ₹5,24,183. Total invested: ₹2,40,000, Wealth gained: ₹2,84,183.
ICICI Prudential ELSS funds offer expected returns of 11 - 18% p.a. with high risk. Popular schemes include ICICI Pru Long Term Equity Fund (Tax Saving). Compare with other fund houses on this page.
ICICI Prudential ELSS funds have an expense ratio of 1.00 - 1.70%. Lower expense ratios mean more of your returns stay with you. Exit load: Nil (3-year lock-in).
Yes, most ICICI Prudential fund schemes allow you to increase (top-up) your SIP amount. You can also start an additional SIP in the same or different scheme. Consider step-up SIP for automatic annual increases.
For equity-oriented funds, staying invested for 7-10+ years is recommended to benefit from compounding and average out market volatility.