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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
Mauritius may shed tax haven tag
Treaty shopping by investors to be over if island nation budges on capital gains tax.
Treaty shopping by investors to be over if island nation budges on capital gains tax.
The ifs and buts of capital gains
The law does not allow clubbing of Section 54 exemptions for reinvestment purposes.
The law does not allow clubbing of Section 54 exemptions for reinvestment purposes.
UPA flagship scheme for low-cost homes for urban poor gains traction
The UPA government is aggresively pursuing its flagship housing project for slum dwellers, the Rajiv Awas Yojna (RAY), to bring in the second phase of urban reforms.
The UPA government is aggresively pursuing its flagship housing project for slum dwellers, the Rajiv Awas Yojna (RAY), to bring in the second phase of urban reforms.
Sensex snaps 2-day fall, banks gain
Closes 0.24 per cent, or 43.63 points, higher to end at 18,420.11.
Closes 0.24 per cent, or 43.63 points, higher to end at 18,420.11.
Rupee gains for a fifth day
The rupee gained for a fifth day, its longest winning streak in eight weeks, after a report predicted the nation’s benchmark stock index would advance.
The rupee gained for a fifth day, its longest winning streak in eight weeks, after a report predicted the nation’s benchmark stock index would advance.
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