Tuesday, December 2, 2008

NFO :: IDFC TAX ADVANTAGE (ELSS) FUND

Objective: An Open Ended Equity Linked Saving Scheme (eligible for 80C tax benefit) subject to lock in period of 3 years from the date of allotment.
NFO Period: 1st Dec 2008 to 17th Dec 2008NAV: Rs 10/-Options: Growth, Dividend Payout & Reinvest
Entry Load: 2.25%Exit Load: NILMinimum Investment Amount: Rs 500/- and in multiple of Rs 500/-SIP: Rs 500/- minimum per month and in multiple.
Invest upto Rs 1 Lacs and benefit from 80C Benefit of ELSS:Shortest Lock In PeriodTax Benefit on investments (80C), Dividend Tax FREE and 0% Long Term Capital Gain Tax on withdrawal. A rewarding Asset Class, Diversification.Low INVESTMENT. Just Rs 500/-

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