Many investors don't think much about growth and dividend options in mutual funds. However, when they become aware of the critical distinction (we will tell you a little later) between these options, they also become painfully aware of loads and taxes they need to pay to rectify their mistake.
Switching from dividend to growth option or vice versa is considered a redemption in one scheme and a purchase in the second scheme. Because of this reason, investors may end up payi ..
