A scheme that invests primarily in other schemes of the same mutual fund or other mutual funds is known as a FoF scheme. TOP What are the different types of plans that any mutual fund scheme offers?
That depends on the strategy of the concerned scheme. But generally there are 3 broad categories. A dividend plan entails a regular payment of dividend to the investors. A reinvestment plan is a plan where these dividends are reinvested in the scheme itself. A growth plan is one where no dividends are declared and the investor only gains through capital appreciation in the NAV of the fund.
Related Questions
- A scheme that invests primarily in other schemes of the same mutual fund or other mutual funds is known as a FoF scheme. TOP What are the different types of plans that any mutual fund scheme offers?
- If schemes in the same category of different mutual funds are available, should one choose a scheme with lower NAV?
- What are the different types of plans that any mutual fund scheme offers?
