MF Monthly Dividend Plans are sometimes sold to investors on the pitch that they will offer almost 1% ‘return’ in the form of dividend payouts every month. That is, a…Continue Reading
The 2020-21 Budget has done away with the dividend distribution tax (DDT) that funds have to deduct before distributing dividends to investors. Instead, from 1 April 2020 dividends will be…Continue Reading
When you are in your salaried years, your salary will more than take care of your regular income. But there comes a time when you start depending on your investments…Continue Reading
Over the past few weeks, we have been explaining various aspects of dividends in mutual funds. You know how a mutual fund makes dividends, what happens when a fund declares…Continue Reading
Last week, in this column, we explained how mutual funds pay dividends. We had mentioned how mutual funds don’t have to pay dividends (and can’t, for that matter) unless they…Continue Reading
It is an oft-misunderstood mutual fund category. Monthly income plans (or MIPs) are debt-oriented mutual funds, which is to say that they invest at least 75-85% of their portfolio in…Continue Reading