Skip to main content

HDFC Long Term Advantage Fund (ELSS) Dividend


HDFC Long Term Advantage Fund tax Saving Fund

   
HDFC Trustee Company Limited, the Trustee to HDFC Mutual Fund, has approved declaration of dividend under the Dividend Options of the Scheme(s) as under:
 
Name of the Scheme/Plan/Option Dividend amount
(per unit) #		 Face value
(per unit)		 NAV as on February 09, 2017
(per unit)		 Record Date
HDFC Premier Multi Cap Fund – Regular Plan- Dividend Option (Payout and Reinvestment) 1.50 10.00 14.710 Thursday,
February 16, 2017
HDFC Premier Multi Cap Fund - Direct Plan -Dividend Option (Payout and Reinvestment) 15.126
** HDFC Long Term Advantage Fund@ – Regular Plan - Dividend Option (Payout and Reinvestment) 3.75 41.316
** HDFC Long Term Advantage Fund@ – Direct Plan - Dividend Option (Payout and Reinvestment) 43.137

# The dividend will be subject to the availability of distributable surplus and may be lower, depending on the distributable surplus available on the Record Date.

@ An Open-ended Equity Linked Savings Scheme with a lock-in period of 3 years

** An Individual/HUF is entitled to deduction from gross total income for investments in Equity-Linked Savings Scheme (ELSS) up to Rs 1.5 Lakh (along with other prescribed investments) under Section 80C of the Income-tax Act, 1961.

Pursuant to payment of dividend, the NAV of the Dividend Option(s) of the above Scheme(s) would fall to the extent of payout and statutory levy, if any.
 

Income distribution / Dividend will be paid to those Unit holders /Beneficial Owners whose names appear in the Register of Unit holders maintained by the Fund/ Statement of Beneficial Ownership maintained by the Depositories, as applicable, under the Dividend Option(s) of the Scheme(s) on the Record Date.

With regard to Unit holders of HDFC Premier Multi Cap Fund who have opted for Reinvestment facility under the Dividend Option(s), the dividend due will be reinvested by allotting Units for the Income distribution / Dividend amount at the prevailing ex-dividend NAV per Unit on the Record Date. The Unit holders of HDFC Long Term Advantage Fund who have opted for Reinvestment facility under the Dividend Option, the dividend due will be compulsorily paid out (as per the bank account details registered under the folio), instead of being reinvested.
Name of Schemes/Plan This product is suitable for investors who are seeking*
 

HDFC Premier Multi Cap Fund (An open-ended growth scheme)
 
  • capital appreciation over long term
  • Investment predominantly in equity and equity related instruments of Mid Cap and Large cap 'blue chip' companies

HDFC Long Term Advantage Fund (An open-ended equity linked saving scheme with a lock-in period of 3 years)
 
  • capital appreciation over long term
  • Investment predominantly in equity and equity related instruments
Riskometer
moderately high risk
   
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
  HDFC Mutual Fund logo
  .  

Intimation of any change of address / bank details should be immediately forwarded to the Investor Service Centres of HDFC Mutual Fund (for units held in non-demat form) /Depository Participant (for units held in demat form).

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS,
READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.

Email Disclaimer: The information contained herein is confidential and is intended solely for the addresses(s). If you have erroneously received this message, please immediately delete it and notify the sender. We virus scan and monitor all emails but are not responsible for any damage caused by a virus / alteration of our e-mail by a third party after sending.




------------------------------------
Invest Rs 1,50,000 and Save Tax upto Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds

Top 4 Tax Saver Mutual Funds for 2017 - 2018

Best 4 ELSS Mutual Funds to invest in India for 2017

1. DSP BlackRock Tax Saver Fund

2. Invesco India Tax Plan

3. Tata India Tax Savings Fund

4. BNP Paribas Long Term Equity Fund



Invest in Best Performing 2017 Tax Saver Mutual Funds Online

Invest Best Tax Saver Mutual Funds Online

Download Top Tax Saver Mutual Funds Application Forms


For further information contact SaveTaxGetRich on 94 8300 8300

------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

------------------------------------


 

Popular posts from this blog

What is Electronic Clearing Service (ECS)?

  As the name suggests, it's an electronic process through which money can be transferred from one bank account to another. According to RBI, this mode is usually used for regular payments and receipts, like distribution of dividend, interest, salary, pension etc. This mode is also used for collection of bills for telephone, electricity, water, various types of taxes, payment of EMIs , investments in mutual funds , payment of insurance premium etc. There are two types of ECS , like most other banking transactions, ECS credit and ECS debit. An ECS credit is used by a bank account holder , usually a large company or an institution for services like payment of dividend, in terest, salary, pension etc. If your mutual fund pays you dividend to your bank account, of all probability it is being paid through ECS credit.ECS debit, on the other hand, is used when a company or an institution is getting money from a large number of people. For example if you are investing in a mutual fund sc...
Read more

WEALTH TAX

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300 WEALTH TAX   WHAT CONSTITUTES WEALTH? For wealth tax purposes, "wealth" means property , urban land, car, jewellery , yacht, boat, aircraft and cash in hand in excess of Rs 50,000. CAUTION POINT | Do not think you will have an easy escape from wealth tax by transferring your `wealth' without consideration to your spouse or minor child. Such assets will also be considered as your wealth. HOW TO DETERMINE YOUR TAXABLE WEALTH Add the taxable value of the above assets (computed as per the detailed rules for valuation) owned by you as on March 31 (for FY 2014-15, it will be March 31, 2015). In case you sold your car during the year, it will not be taxable wealth. Deduct loans if any obtained by you to acquire any of the taxable assets from the value of gross tax out for at least 300 days in a...
Read more

Equity Savings Fund

Invest Equity Savings Fund Online   The best part about these funds is that they are subject to equity fund taxation and at the same time are structured like MIP like funds . This new category, equity savings funds , offer a little of everything. They allocate money to equities & equity related instruments, and fixed income. They aim to generate returns by diversification. Such funds invest in fixed income and arbitrage to protect the investors from short term volatility and equity for capital gains. The best part of these funds is that they are subject to equity fund taxation and at the same time are structured like MIP funds.   MIP funds however are subject to debt fund taxation. Investors Equity savings funds are suitable for the following: First time investors who seek partial exposure to equity with less volatility and greater stability Investors seeking moderate capital appreciation with relatively lower risk Those wh...
Read more

How to Pick Top Performing Mutual Fund Schemes

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300   How to Pick Performing Schemes  Funds that continue to stay in the top grade of performance over longer periods are the ones to bet on, advise investment experts   The mutual fund performance charts of the past few months make for an impressive reading. Funds across all categories boast of stellar returns. Sample this: The mid and small cap category has averaged 77 percent return over the past 12 months, with the best fund delivering a staggering 120 percent. The tax-saving funds also average an impressive 51 percent, including a fund which has soared 92 percent. Many of the table-toppers are funds of proven quality and track record. However, there are also schemes that are not that well-known. Some of these have rarely made it to the performance charts in the past, yet, of late, they bo...
Read more

8% Government of India Bonds quick guide

For those seeking comfort in safety of returns, the Government of India issued 8% savings bond once again comes to the fore. First launched in 2003, these bonds are issued by the government with a maturity of 6 years. The bonds are available at all times with specified distributors through whom you can apply to invest in them. Here is a quick guide to what the bond offers and its features to ascertain to check for suitability. What are Government of India bonds Government of India bonds are like any other government bonds with specified rate of interest. The rate is fixed at 8% per annum paid half yearly, or you can opt for cumulative payment of interest at the end of the tenure. You can buy these bonds from State Bank of India and its associates, other nationalized banks and some private sector banks such as HDFC Bank Ltd and ICICI Bank Ltd, among others. The bonds can be bought from the offices of Stock Holding Corporation of India as well. They are available in physical form onl...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now