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What is the difference between the growth and dividend option in MFs?
Mutual fund houses offer two kinds of schemes: Growth and dividend. In the growth option, profits made by the scheme are invested back into it. This results in the net asset value (NAV) of the scheme rising over time. When the scheme gains, the NAV rises and in case of a loss, it goes down. The only option to realise the profit in the growth option is to sell or redeem your investments. The dividend
Mutual fund houses offer two kinds of schemes: Growth and dividend. In the growth option, profits made by the scheme are invested back into it. This results in the net asset value (NAV) of the scheme rising over time. When the scheme gains, the NAV rises and in case of a loss, it goes down. The only option to realise the profit in the growth option is to sell or redeem your investments. The dividend
DEPB scheme may not continue after June
The Finance Bill 2011 received the assent of the President on April 8. Most of the proposed legislative amendments to various Acts such as Customs Act, Central Excise Act, etc came into effect from
Profitable buyback
Over the past week, Piramal Healthcare shares rose 4.5 per cent after its shareholders gave their consent to the company’s buyback proposal. According to the announcement made on Friday, the
Deferring DTC rollout is most pragmatic step
The Direct Taxes Code Bill presented in Parliament on Monday by and large shows a balanced approach adopted by the government. There are several features of the Code; perhaps the most pragmatic of
Dividend income in for taxing times
Individual taxpayers may see a slight dent in their profits earned on investments in mutual funds or life insurers’ investment offering.
Individual taxpayers may see a slight dent in their profits earned on investments in mutual funds or life insurers’ investment offering.
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