Whether one invests in the Direct Plan or the Regular Plan of a mutual fund scheme, there are two options to choose from. Based on one’s requirement, one can choose between the growth plan and the dividend plan. However, the dividend declared in MF schemes is different from the dividend declared and received from equity shares. It is wrong for an investor to treat the dividend declared by a company (which is out of profits) and the dividend declared in a mutual fund scheme to be similar.
Nine big financial changes that you must watch out for in October
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