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Whatever Hyperlink you supply in your action filter should be accessible to your colleague whenever he clicks on it.
Since you are referring to a path on your local machine it works for you while you are using your computer (as you are on your local machine) and not for your colleague.
You should put the PDF file on a web server or other location that is publicly accessible with a browser. (Note: you could also use a public drop box URL to accomplish the same thing: Dropbox - How do I link to a file or folder? )
Hope this helps,
Thanks for quick response, I'm thinking if we save the dashboards as a package does the attachments not include in that..
ok I got it, but now we have to send this package to multiple people, what will be the best solution to show external file(Pdt, PPT) into the dashboard
No, saving as a packaged workbook won't include items linked using a URL action. The items you are linking to need to be accessible to the recipient just as if he or she would type the URL into a browser...