Sahara Mutual Fund (MF) has decided to discontinue the dividend reinvestment sub option under Sahara Tax Gain Fund, with effect from 16 March 2015.
Consequently, no fresh subscription will be accepted under the dividend reinvestment sub option of the scheme.
After discontinuation of dividend reinvestment facility, the scheme will offer dividend (payout) option & growth option with growth option as the default option.
Dividend option will have only dividend payout as the sub-option.
This scheme is suitable for investors who are seeking *
• Long Term Capital Growth;
• Investment in Equity & equity related securities including equity derivatives.
• High Risk (BROWN)
(Investors understand that their principal will be at high risk)
*(Investors should consult their financial advisers if in doubt about whether the product is suitable for them.)
Consequently, no fresh subscription will be accepted under the dividend reinvestment sub option of the scheme.
After discontinuation of dividend reinvestment facility, the scheme will offer dividend (payout) option & growth option with growth option as the default option.
Dividend option will have only dividend payout as the sub-option.
Sahara Tax Gain Fund (ELSS)
Scheme Objective..
The basic objective of Sahara MF Tax Gain Fund is to provide immediate tax relief and long term growth of capital to investors.
This scheme is suitable for investors who are seeking *
• Long Term Capital Growth;
• Investment in Equity & equity related securities including equity derivatives.
• High Risk (BROWN)
(Investors understand that their principal will be at high risk)
*(Investors should consult their financial advisers if in doubt about whether the product is suitable for them.)
Launch Date
1st April, 1997
Minimum Application
Rs.500 and in multiples of Rs.500 thereafter.
Entry Load
NIL
Exit Load
1%- if redeemed on or before 36 months, Nil –If redeemed after 36 months.
‘Direct Option’ – NIL
‘Direct Option’ – NIL
SIP – Monthly
ECS / Auto Debit Facility of minimum Rs.500 (and in multiples of Rs.500 thereafter) or along with 6 post dated cheques.
SIP – Quarterly
ECS / Auto Debit Facility of minimum Rs.500 (and in multiples of Rs.500 thereafter) or along with 4 post dated cheques.
Expense Ratio
| 2.70% with effect from Jan,1.2013 for options other than Direct |
| 2.45% with effect from Jan,1.2013 for all Direct options |
Investment Options
| SCHEME NAME | OPTION | SUB OPTION |
| Sahara Tax gain Fund | Dividend Option | Payout |
| Sahara Tax gain Fund | Growth Option | |
| Sahara Tax gain Fund | Dividend Option - Direct | Payout |
| Sahara Tax gain Fund | Growth Option-Direct |
Fund Manager
Mr. A N Sridhar
Benchmark Index
S&P BSE 200
Dividend History
| Record Date | Rate (per unit) | Cum Div NAV (Rs.) | ||
|---|---|---|---|---|
| Dividend Option | Dividend Option-Direct | |||
| 25/02/2014 | Rs. 2 | 13.7826 | 13.8223 | |
| 07/03/2013 | Rs. 2 | 14.0475 | 14.0537 | |
| 01/03/2011 | Rs.2.50* | 15.81 | ||
| 12/03/2010 | Rs.4.* | 18.38 | ||
| 29/03/2008 | Rs. 7.5* | 20.75 | ||
| 24/03/2006 | Rs. 2.50* | 19.40 | ||
| 23/03/2005 | Rs. 20 | 66.75 | ||
| 19/01/2005 | Rs. 10 | 70.61 | ||
* Post bonus.
Dividend declared is on face value of Rs.10 Past performance may or may not be sustained in future.
Dividend declared is on face value of Rs.10 Past performance may or may not be sustained in future.
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