In the recent few posts I wrote about the best ELSS funds to invest and then about how you can invest less and save more tax by opting for Dividend Payout option of Tax Saving Funds. In continuation with the same I have compiled the dividend payout history for last 5 financial years of some of the best ELSS available in the market. The first row has the name of the scheme along with its inception date.
Dividend history of HDFC Taxsaver – Dividend | March-1996 | |||||
Financial Year | Record Date | Rate of Dividend | Dividend /Unit | NAV as of Dividend Date (Rs.) | Dividend Yield | Dividend payout on Rs 1 Lac invested (Rs.) |
2008-09 | 06-Mar-09 | 50% | 5 | 31.155 | 16% | 16,049 |
2007-08 | 07-Mar-08 | 80% | 8 | 68.03 | 12% | 11,760 |
2006-07 | 08-Mar-07 | 75% | 7.5 | 60.36 | 12% | 12,425 |
2005-06 | 17-Mar-06 | 75% | 7.5 | 67.08 | 11% | 11,181 |
2004-05 | 17-Feb-05 | 50% | 5 | 40.57 | 12% | 12,324 |
HDFC Taxsaver fund is by far most consistent Dividend Payer in the last five years.
Dividend history of Canara Robeco Equity Taxsaver – Dividend | March – 1993 | |||||
Financial Year | Record Date | Rate of Dividend | Dividend /Unit | NAV as of Dividend Date (Rs.) | Dividend Yield | Dividend payout on Rs 1 Lac invested (Rs.) |
2009-10 | 08-Jan-10 | 20% | 2 | 22.22 | 9% | 9,001 |
2007-08 | 28-Mar-08 | 30% | 3 | 19.22 | 16% | 15,609 |
2006-07 | 15-Mar-07 | 60% | 6 | 20.54 | 29% | 29,211 |
2005-06 | 16-Mar-06 | 40% | 4 | 23.86 | 17% | 16,764 |
2004-05 | 18-Mar-05 | 25% | 2.5 | 16.74 | 15% | 14,934 |
Dividend history of Franklin India Taxshield – Dividend | Feb – 2001 | |||||
Financial Year | Record Date | Rate of Dividend | Dividend /Unit | NAV as of Dividend Date (Rs.) | Dividend Yield | Dividend payout on Rs 1 Lac invested (Rs.) |
2009-10 | 15-Jan-10 | 30% | 3 | 33.05 | 9% | 9,077 |
2007-08 | 17-Dec-08 | 30% | 3 | 20.69 | 14% | 14,500 |
2006-07 | 14-Nov-07 | 80% | 8 | 46.89 | 17% | 17,061 |
10-Jan-07 | 80% | 8 | 39.43 | 20% | 20,289 | |
2005-06 | 15-Feb-06 | 35% | 3.5 | 38.01 | 9% | 9,208 |
2004-05 | 18-Mar-05 | 30% | 3 | 27.25 | 11% | 11,009 |
Dividend history of SBI Magnum Tax Gain Scheme 93 – Dividend | March – 1993 | |||||
Financial Year | Record Date | Rate of Dividend | Dividend /Unit | NAV as of Dividend Date (Rs.) | Dividend Yield | Dividend payout on Rs 1 Lac invested (Rs.) |
2009-10 | 29-May-09 | 28% | 2.8 | 36.69 | 8% | 7,632 |
2007-08 | 15-Feb-08 | 110% | 11 | 57.85 | 19% | 19,015 |
2006-07 | 02-Mar-07 | 110% | 11 | 54.09 | 20% | 20,336 |
2005-06 | 10-Mar-06 | 150% | 15 | 59.31 | 25% | 25,291 |
10-Jun-05 | 102% | 10.2 | 47.09 | 22% | 21,661 |
Dividend history of Sundaram BNP Paribas Taxsaver – Dividend | Nov-99 | |||||
Financial Year | Record Date | Rate of Dividend | Dividend /Unit | NAV as of Dividend Date (Rs.) | Dividend Yield | Dividend payout on Rs 1 Lac invested (Rs.) |
2009-10 | 18-Sep-09 | 10% | 1 | 14.8066 | 7% | 6,754 |
2007-08 | 28-Mar-08 | 15% | 1.5 | 13.727 | 11% | 10,927 |
28-Dec-07 | 30% | 3 | 21.7769 | 14% | 13,776 | |
2006-07 | 23-Mar-07 | 20% | 2 | 14.48 | 14% | 13,812 |
08-Dec-06 | 25% | 2.5 | 17.5945 | 14% | 14,209 | |
25-Aug-06 | 15% | 1.5 | 15.97 | 9% | 9,393 | |
2005-06 | 03-Mar-06 | 30% | 3 | 19.63 | 15% | 15,283 |
30-Sep-05 | 30% | 3 | 18.21 | 16% | 16,474 |
Dividend history of Sahara Taxgain – Dividend | Mar-97 | |||||
Financial Year | Record Date | Rate of Dividend | Dividend /Unit | NAV as of Dividend Date (Rs.) | Dividend Yield | Dividend payout on Rs 1 Lac invested (Rs.) |
2007-08 | 28-Mar-08 | 75% | 7.5 | 22.12 | 34% | 33,906 |
2005-06 | 24-Mar-06 | 25% | 2.5 | 19.4 | 13% | 12,887 |
2004-05 | 23-Mar-05 | 200% | 20 | 63.2 | 32% | 31,646 |
19-Jan-05 | 100% | 10 | 70.61 | 14% | 14,162 |
Dividend history of Taurus Taxshield – Dividend | Mar-96 | |||||
Financial Year | Record Date | Rate of Dividend | Dividend /Unit | NAV as of Dividend Date (Rs.) | Dividend Yield | Dividend payout on Rs 1 Lac invested (Rs.) |
2009-10 | 11-Jan-10 | 15% | 1.5 | 25.35 | 6% | 5,917 |
30-Nov-09 | 10% | 1 | 24.64 | 4% | 4,058 | |
2008-09 | 06-Mar-09 | 10% | 1 | 13.16 | 8% | 7,599 |
23-Jan-09 | 10% | 1 | 14.46 | 7% | 6,916 | |
19-Dec-08 | 10% | 1 | 16.68 | 6% | 5,995 |
Dividend history of Fidelity Tax Advantage Fund – Dividend | Jan-06 | |||||
Financial Year | Record Date | Rate of Dividend | Dividend /Unit | NAV as of Dividend Date (Rs.) | Dividend Yield | Dividend payout on Rs 1 Lac invested (Rs.) |
2007-08 | 13-Mar-08 | 15% | 1.5 | 14.46 | 10% | 10,373 |
Fidelity Tax Advantage Fund is a new fund so doesn’t have much flexibility in paying Dividends.
Dividend history of Birla Sun Life Tax Relief 96 – Dividend | Mar-96 | |||||
Financial Year | Record Date | Rate of Dividend | Dividend /Unit | NAV as of Dividend Date (Rs.) | Dividend Yield | Dividend payout on Rs 1 Lac invested (Rs.) |
2009-10 | 31-Aug-09 | 40% | 4 | 79.66 | 5% | 5,021 |
2008-09 | 27-Jun-08 | 50% | 5 | 74.61 | 7% | 6,702 |
2007-08 | 25-Mar-08 | 200% | 20 | 101.8 | 20% | 19,646 |
2006-07 | 16-Mar-07 | 500% | 50 | 134.27 | 37% | 37,238 |
19-Jan-07 | 260% | 26 | 176.54 | 15% | 14,728 | |
08-Dec-06 | 250% | 25 | 193.94 | 13% | 12,891 | |
27-Apr-06 | 500% | 50 | 224.51 | 22% | 22,271 |
Infact if you had invested in Birla Sun Life Tax Relief 96 – Dividend in April 2006, you would have got almost 90% back as divided by the end of one year.
Dividend history of Principal Personal Taxsaver | Mar-96 | |||||
Financial Year | Record Date | Rate of Dividend | Dividend /Unit | NAV as of Dividend Date (Rs.) | Dividend Yield | Dividend payout on Rs 1 Lac invested (Rs.) |
2007-08 | 25-Mar-08 | 400% | 40 | 124.66 | 32% | 32,087 |
26-Feb-08 | 200% | 20 | 172.57 | 12% | 11,589 | |
2006-07 | 31-Dec-07 | 110% | 11 | 221.26 | 5% | 4,972 |
30-Oct-07 | 110% | 11 | 190.53 | 6% | 5,773 | |
2005-06 | 13-Mar-06 | 100% | 10 | 118.96 | 8% | 8,406 |
02-Nov-05 | 400% | 40 | 124.43 | 32% | 32,147 |
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