SEBI (SEBI) has asked mutual fund companies to change the name of their Dividend Plan. These include both existing and new schemes. The regulator has also asked fund houses to clearly tell investors that they give some of their capital as dividend. Explain that fund houses offer three types of dividend options. The names of these three are to be changed for each existing scheme with new fund offer (NFO). The dividend reinvestment will be named Reinvestment of Income Distribution cum Capital Withdrawal Plan. Dividend Transfer plan will be known…
Big news for those investing in Mutual Fund! Your schemes will change, know everything
