37.5% Dividend in HDFC Long Term Advantage Fund - Dividend Option

Invest in "HDFC Long Term Advantage – Dividend Payout Option" (an open – ended equity linked savings scheme with a lock –in period of 3 years) and get the benefit of upcoming dividend of 37.5% having a record date on 11^th February, 2010.

 

Applications for Purchase/Switch-in received till 3.00 pm on 10^th February, 2010 will be eligible for Dividend.

 

Key Benefits:

 

• Principal Amount upto Rs. 100,000/- to be tax free under I.T. sec 80/C.
• Dividend Payout to be Tax Free for investment in Mutual fund Schemes.

 

Illustration: (As on 05^th February, 2010)

 

Principal Amount	100,000.00
NAV as on 05th Feb 2010	35.846
Units Allotted	2,789.712
Face Value per unit	Rs. 10
Amount of Dividend declared per unit	Rs. 3.75
Dividend Income	10,461.42