Business · 28 Oct
Mutual Funds: మ్యూచువల్ ఫండ్ - గ్రోత్ Vs డివిడెండ్
AI summaryThis article explains the difference between growth and dividend (IDCW) options in equity mutual funds, recommending growth for long-term wealth creation through compounding. It also outlines the tax implications of both options and notes that dividend payouts are taxed at the investor's income tax slab rate, which can be higher than long-term capital gains tax.
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