HDFC Tax Saver - Build Wealth over the long term + Save taxes

HDFC Tax Saver [open-ended equity linked savings scheme (ELSS) with a lock-in period of three years] has been designed keeping in mind the long-term investor. Not onlydoes it help you avail tax deduction under Section 80C of the Income-tax Act, 1961 but its prudent investment philosophy helps you build wealth over the long term. Investors in the Scheme are not being offered any guaranteed / assured returns and investments in ELSS are subject to market risks.


HDFC TaxSaver - Growth Option
Performance as at February 26, 2010

^Past Performance may or may not be sustained in the future
Above returns are Compunded Annualised (CAGR) #S&P CNX 500
$$ The above calculation of returns has assumed that all dividends decalred prior to the splitting of the Scheme into Divident & Growth Options have been reinvested in the units of the Scheme at the then prevailing NAV (applicable ex-dividend NAV) ~ Due to an overall sharp rise in the stock prices.

An Individual / HUF is entitled to deduction from gross total income upto Rs.1 Lakh (along with other prescribed investments) under Section 80C. In veiw of the individual nature of the rax consquences, each investor / unit holder is advised his / her own professional tax advisor.

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