Risk: Low
Return: Above Average
================================================
1 Lakh invested in 1996 in Birla Tax Relief Fund,
you got 21 Lakh, I repeat, 21 Lakh as ONLY AS DIVIDEND till date.
APART FROM, the today's value being 8 Lakhs.
This is much more than 30 times appreciation.
THIS IS WHAT ONE CALLS AN INVESTMENT.
Against this, the value of my flat at Washi only doubled+ during this period.
SAME FUND now DECLARING 40 % DIVIDEND ON 31ST AUGUST
+
60% IN MARCH 2010
+
TAX SAVING UNDER 80C.
WHAT ARE YOU WAITING FOR?
Fund Details
VR CategoryEquity: Tax Planning
TypeOpen End
Load Entry LoadNil
Exit LoadNil
| Recent Payout History | | | | | | | 27-Jun-2008 | 50% | | | 25-Mar-2008 | 200% | | | 16-Mar-2007 | 500% | | | 19-Jan-2007 | 260% | | | 8-Dec-2006 | 250% | | |
|
| Fund Performance Comparison |
| | Show/Hide Data in Bar Chart |
| | | Birla Sun LifeTax Relief 96 - Dividend | 1 Year | 3 Years | 5 Years | Since
Inception | Birla Sun LifeTax Relief 96 - Dividend
(NAV: Rs. 79.09) | 14% | 18.76% | 36.05% | 46.76% | BSE 200 | 8.41% | 11.39% | 23.43% | 13.68% | |
| | | | | Inception - 29-Mar-1996. | | Returns calculated for Growth option as on 27-Aug-2009. | | Returns are CAGR for 1 year or more and absolute for less than 1 year. | | Past performance may or may not be sustained in the future. Load has not been considered for computation of returns. |
|
FURTHER,BSL Tax Relief'96 with this novel feature, helps the investors avail of critical illness insurance of upto Rs. 10 Lac, till the age of 55 yrs against 9 critical illnesses.
To sum up, Birla Sun Life Tax Relief' 96 Fund offer investors the opportunity to save tax under section 80C, avail special critical illness insurance and also reap benefits of capital growth by investing in the world's third best equity fund, as rated by Lipper, last year. The scheme has till date declared an impressive 2160 % dividend since inception.
With Warm regards
wealth4u
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