Dividend plans have an additional option for reinvestment of income distribution. Under this plan, dividends declared by a fund are reinvested on behalf of the investor, thus increasing the number of units held by the investors.
Related Articles
-
How do I allocate the fund to my MF account on Fyers Direct?
- 12
- 521
-
How to invest in SIPs or a lump sum?
- 6
- 447
-
What is the Bank Mandate?
- 10
- 971
-
How do I add the BSE MF segment to my existing trading account?
- 0
- 452
-
How do I check whether BSE MF segment is enabled in my account?
- 7
- 540
-
If a mutual fund is closed, what happens to your invested money?
- 3
- 329