What are the different types of plans that any mutual fund scheme offers?
That depends on the strategy of the concerned scheme; there are generally three broad categories of plans available. A dividend plan provides a regular payment of dividend to the investors. A reinvestment plan is a plan where the declared dividends are reinvested in the scheme itself at the prevailing NAV. A growth plan is one where no dividends are declared and the investor only gains through capital appreciation in the NAV of the scheme.
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?
- What are the different types of plans that any mutual fund scheme offers?
- What are the different types of plans that mutual fund offers?