Principal Personal Tax Saver, an ELSS scheme from Principal Mutual Fund has announced a dividend of 110% on a face value of Rs. 10 per unit. The record date for the dividend is October 30, 2007.
The scheme’s inception date is Dec 26,1996 and has an NAV of Rs. 188.5100 per unit under the growth plan.
1 commentOctober 27th, 2007
Reliance Mutual Fund has announced few changes for its popular Reliance Tax Saver Fund (ELSS). The new terms are actually for the minimum amount per SIP and the SIP duration. The new terms of the scheme will come into effect from April 17, 2007 and are as follows:
A minimum of Rs 500 and in multiples of Rs 500 thereafter for minimum of 12 month.
A minimum of Rs 1,000 a month and in multiples of Rs 500 thereafter for minimum of 6 months.
A minimum of Rs 500 a quarter and in multiples of Rs 500 thereafter for minimum of 12 quarter.
A minimum of Rs 1,500 a quarter and in multiple of Rs 500 thereafter for minimum of 4 quarter.
2 commentsApril 18th, 2007
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