News From Press Equity mutual funds dole out dividends as markets rise

Equity mutual funds dole out dividends as markets rise

Since NAVs have seen a good increase, funds are redistributing realised gains to investors

Money Control Sep 30, 2020

It is raining dividends for investors of equity mutual fund (MF) schemes. With the stock markets surging more than 10 per cent in July-August, several fund houses have chosen to distribute the gains to investors by paying dividends. Nearly a dozen equity MF schemes—from large-cap, multi-cap to ELSS (equity linked savings schemes) categories—are paying dividends to investors now.

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