Monday, January 31, 2011

Tax Saving Special :-Invest in IDFC Tax Advantage Fund ( ELSS ) before 04/02/2011 & become eligible for 25% Dividend (Rs.2.50 per unit).  With the current NAV around Rs.15/- (as on 28/01/11), yield works out to around 16% (as on 28/01/11).  Dividend received is totally tax free.  1 year return around 17% & return since inception around 37%.

No comments: