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
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