Investing in mutual fund has two options:
1. Growth
2. Dividend
Growth mutual funds are the funds that invest in growing companies. Growth option is accumulating of SIP amounts till the investor decides to redeem the amount or withdraw in the form of SWP. In this growth fund investments, investors enjoy the benefits similar to compound interest.
Investors can choose for monthly, quarterly or yearly payout of dividends. The dividend payout is not fixed. Here investors enjoy the benefits of investing in the companies that declare dividends.
1. Growth
2. Dividend
Growth mutual funds are the funds that invest in growing companies. Growth option is accumulating of SIP amounts till the investor decides to redeem the amount or withdraw in the form of SWP. In this growth fund investments, investors enjoy the benefits similar to compound interest.
Investors can choose for monthly, quarterly or yearly payout of dividends. The dividend payout is not fixed. Here investors enjoy the benefits of investing in the companies that declare dividends.
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