\n19-Jan-07<\/td>\n | 260%<\/td>\n | 26<\/td>\n | 176.54<\/td>\n | 15%<\/td>\n | 14,728<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n So in fact if you had invested on or before 19th<\/sup> January 2007, you would have got more than half of your investment back as dividend in just 3 months.<\/p>\nHere is another fund – Principal Personal Taxsaver which did a similar thing in 2008.<\/p>\n \n\n\nDividend history of Principal Personal Taxsaver<\/strong><\/td>\n<\/tr>\n\nRecord Date<\/strong><\/td>\nRate of Dividend<\/strong><\/td>\nDividend (Rs.)\/Unit<\/strong><\/td>\nNAV as of Dividend Date (Rs.)<\/strong><\/td>\nDividend Yield<\/strong><\/td>\nDividend payout on Rs 1 Lac invested (Rs.)<\/strong><\/td>\n<\/tr>\n\n25-Mar-08<\/td>\n | 400%<\/td>\n | 40<\/td>\n | 124.66<\/td>\n | 32%<\/td>\n | 32,087<\/td>\n<\/tr>\n | \n26-Feb-08<\/td>\n | 200%<\/td>\n | 20<\/td>\n | 172.57<\/td>\n | 12%<\/td>\n | 11,589<\/td>\n<\/tr>\n | \n31-Dec-07<\/td>\n | 110%<\/td>\n | 11<\/td>\n | 221.26<\/td>\n | 5%<\/td>\n | 4,972<\/td>\n<\/tr>\n | \n30-Oct-07<\/td>\n | 110%<\/td>\n | 11<\/td>\n | 190.53<\/td>\n | 6%<\/td>\n | 5,773<\/td>\n<\/tr>\n | \n13-Mar-06<\/td>\n | 100%<\/td>\n | 10<\/td>\n | 118.96<\/td>\n | 8%<\/td>\n | 8,406<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Here too if you had invested in Principal Personal Taxsaver by 26th Feb 2008, you would have got around 45% back as dividend in 3 months.<\/strong><\/p>\nBut what about 2009, no funds gave such a dividend?<\/p>\n We all know what stock markets world wide went through in whole of FY 2008-09. All the funds were in red. But you would be surprised there were funds like HDFC Taxsaver \u2013 Dividend which gave 50% dividend (Rs. 5\/unit) on March 6, 2009 at the NAV of Rs.31.155., which translates in almost 16% dividend yield which is not bad given the bloodshed in the stock markets.<\/strong> So in this case you would have got back Rs. 16,000 from your Rs 1 Lac investment.<\/p>\nYou know you just keep on boring me by talking of past. Do you have anything which I can use for my Tax Planning for the present year (2009-10)?<\/strong><\/p>\nRelax! You would have a lot of opportunities this year. The stock markets have doubled since last year and so you can expect a good dividend payout by some funds. Moreover as you can see historically such dividends start rolling in from February. So you still have time. But keep in mind you should not invest in a fund just because it\u2019s paying good dividend. I recommend any of the following 5 funds from the list of ELSS funds. These are great funds & some of them like HDFC Taxsaver actually have a very good and consistent history of divided payout and returns. Hereon I would keep you posted as soon as any of these funds declare dividend for this year.<\/p>\n Some Caveats:<\/h2>\nThe above method is for people who either are short of cash for full Tax planning or in need of liquidity in near future or people who are smart enough to generate greater returns than they would by investing in ELSS funds. As far as I am concerned I don\u2019t like to invest in dividend schemes as I like to use this opportunity of tax saving for creating long term wealth.<\/p>\n The second point is you should not keep Dividend payout as the only criteria for investing in an ELSS. It can be one of the criteria.<\/p>\n","protected":false},"excerpt":{"rendered":" The Happy New Year feeling is finally over as we are fast approaching the end of Financial Year 2009-10. Well the saddest part of financial year end is you need make all your investments in whatever way you can before March 31st and pay all your remaining taxes. As part of Tax planning and investment […]<\/p>\n","protected":false},"author":1,"featured_media":4550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[64,4,63,6],"tags":[83,2806,34,465,36,2808],"uagb_featured_image_src":{"full":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2010\/01\/Tax-Saving-Mutual-Fund-ELSS.png",1152,631,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2010\/01\/Tax-Saving-Mutual-Fund-ELSS-150x150.png",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2010\/01\/Tax-Saving-Mutual-Fund-ELSS-300x164.png",300,164,true],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2010\/01\/Tax-Saving-Mutual-Fund-ELSS.png",768,421,false],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2010\/01\/Tax-Saving-Mutual-Fund-ELSS-1024x560.png",1024,560,true],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2010\/01\/Tax-Saving-Mutual-Fund-ELSS.png",1152,631,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2010\/01\/Tax-Saving-Mutual-Fund-ELSS.png",1152,631,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2010\/01\/Tax-Saving-Mutual-Fund-ELSS.png",120,66,false]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":0,"uagb_excerpt":"The Happy New Year feeling is finally over as we are fast approaching the end of Financial Year 2009-10. Well the saddest part of financial year end is you need make all your investments in whatever way you can before March 31st and pay all your remaining taxes. As part of Tax planning and investment…","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/227"}],"collection":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/comments?post=227"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/4550"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} | | | | | | | | |