[Investors Please Listen] Latest Mutual Fund Dividend list 18 March 2009

 

Sr.no.	AMC	Scheme Name	%	Record Date
1	HDFC	Equity Fund	30%	March 19, 2009
2	HDFC	Prudence Fund	25%	March 19, 2009
3	BIRLA SUNLIFE	Tax Plan	45%	March 20, 2009
4	RELIANCE	Growth Fund	20%	March 20, 2009
5	RELIANCE	Vision Fund	20%	March 20, 2009

 

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SIP is the Way to Go : By Value Research

I have come across a statement in a financial daily which says - “If you are an astute investor, consider investing small sums on every 5 per cent or more declines in the broad market. Otherwise, use the SIP route.” Does this make sense? I am not crystal clear with the term broad market.
- Jojo Jacob

It would be great if one is astute enough to consistently buy at dips and sell at highs. But it is very difficult to define a dip. Since January 2008, market has dipped and dipped further. Most professional and individual investors are unable to successfully time the market.

The way to make money from equities is to build a portfolio of good stocks and patiently hold on it. And by good stocks, we mean stocks of businesses with sound management and the potential to burgeon their earnings. But this requires an investor's time and inclination. The alternative is to buy a ready portfolio by way of a mutual fund and invest regularly. SIP ensures discipline and helps manage investment anxiety caused by dips. This is the next best way to profit from equities.

Broad market is generally referred to the direction of the leading indices.

SIP is the Way to Go : By Value Research

I have come across a statement in a financial daily which says - “If you are an astute investor, consider investing small sums on every 5 per cent or more declines in the broad market. Otherwise, use the SIP route.” Does this make sense? I am not crystal clear with the term broad market.
- Jojo Jacob

It would be great if one is astute enough to consistently buy at dips and sell at highs. But it is very difficult to define a dip. Since January 2008, market has dipped and dipped further. Most professional and individual investors are unable to successfully time the market.

The way to make money from equities is to build a portfolio of good stocks and patiently hold on it. And by good stocks, we mean stocks of businesses with sound management and the potential to burgeon their earnings. But this requires an investor's time and inclination. The alternative is to buy a ready portfolio by way of a mutual fund and invest regularly. SIP ensures discipline and helps manage investment anxiety caused by dips. This is the next best way to profit from equities.

Broad market is generally referred to the direction of the leading indices.

Tax Saver (ELSS) Fund

“The twin advantage of Tax Savings and Growth Potential”

Key Benefits
A. Growth Potential & Long-term Perspective
• Maximize the growth potential of your investment by investing in a scheme with an active investment strategy, which makes the most of the opportunities available in the equity markets.
• The experienced fund management team follows a disciplined approach to investment, focusing on minimizing risk by creating a well - diversified portfolio.
• Optimal asset allocation, Bottom up & Top down stock selection and systematic use of derivatives are some of the tools the team uses to effectively maximize the growth potential of your investments.
• ELSS allows you to take a minimum three years perspective for its investments enabling the Fund Manager to take a long-term call on the markets.

B. Save Tax
• Investment in this scheme would enable you to avail the benefits under clause (xiii) of Sub-section (2) of Section 80C of the Income-tax Act, 1961.
• Investment made up to Rs. 1 lakh by the eligible investor being an Individual or a Hindu Undivided Family in the scheme will qualify for income tax deduction under above mentioned Section of the Act.
• Since it will be an income deduction, an investment of Rs. 1 lakh in this fund can shave off Rs. 33,900/- from your tax payable liability (assuming you are in the highest tax bracket).
• Dividends received will be absolutely TAX FREE in the hands of investors.
• The dividend distribution tax (payable by the AMC) for equity schemes is also NIL.
• Long Term Capital Gains tax is also Nil as redemption is allowed after 3 yrs lock in period.

Tax Saver (ELSS) Fund

“The twin advantage of Tax Savings and Growth Potential”

Key Benefits
A. Growth Potential & Long-term Perspective
• Maximize the growth potential of your investment by investing in a scheme with an active investment strategy, which makes the most of the opportunities available in the equity markets.
• The experienced fund management team follows a disciplined approach to investment, focusing on minimizing risk by creating a well - diversified portfolio.
• Optimal asset allocation, Bottom up & Top down stock selection and systematic use of derivatives are some of the tools the team uses to effectively maximize the growth potential of your investments.
• ELSS allows you to take a minimum three years perspective for its investments enabling the Fund Manager to take a long-term call on the markets.

B. Save Tax
• Investment in this scheme would enable you to avail the benefits under clause (xiii) of Sub-section (2) of Section 80C of the Income-tax Act, 1961.
• Investment made up to Rs. 1 lakh by the eligible investor being an Individual or a Hindu Undivided Family in the scheme will qualify for income tax deduction under above mentioned Section of the Act.
• Since it will be an income deduction, an investment of Rs. 1 lakh in this fund can shave off Rs. 33,900/- from your tax payable liability (assuming you are in the highest tax bracket).
• Dividends received will be absolutely TAX FREE in the hands of investors.
• The dividend distribution tax (payable by the AMC) for equity schemes is also NIL.
• Long Term Capital Gains tax is also Nil as redemption is allowed after 3 yrs lock in period.