Hi,
Mutual fund dividend will be credited in Primary bank account OR as extra mutual fund units?
Someone please help.
First of all mutual funds don’t issue dividends, they just sell your units and give your money back to you.
In a dividend payout plan, the money will be credited to your primary bank. In a dividend reinvestment plan, the money will be reinvested
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@Bhuvan
For the Dividend payout fund, What is the general timeline for payout to the primary bank account? Or Where we can track the Dividend information for the particular fund ?