What are equity or growth schemes?
The aim of growth funds is to provide capital appreciation over the medium to long-term. Such schemes normally invest a major part of their corpus in equities. Such funds have comparatively high risks. These schemes provide different options to the investors like dividend option, capital appreciation, etc. and the investors may choose an option depending on their preferences. The investors must indicate the option in the application form. The mutual funds also allow the investors to change the options at a later date. Growth schemes are good for investors having a long-term outlook seeking appreciation over a period of time.
Related Questions
- What are the benefits of converting Dreyfus Equity Growth Fund’s investment objective from fundamental to non-fundamental?
- If Proposal Three is approved, would Dreyfus Equity Growth Fund change its investment strategy?
- Why are shareholders being asked to change Dreyfus Equity Growth Fund’s investment objective?
