Himani Chowdhary Instagram – YES! That’s Correct 👍 ✅
There are 2️⃣ types of Mutual Funds
👉🏻 Growth
👉🏻 Dividend (IDCW)
✅ IDCW can be of 3 types
1️⃣ Equity
2️⃣ Debt
3️⃣ Hybrid
✅ Whatever income is generated is given back to investors periodically
✅ When that happens NAV of the MF decreases temporarily
✅ It has the same risks as any other mutual fund
🙌 No Compounding obviously because you will receive that profit which usually gets reinvested in the Growth Mutual Fund
✅ Taxation as per income tax slab
⭐️ Returns Include – Capital appreciation & Dividends ⭐️
❤️ Like & Share to make them aware
🙌 Let me know if you want to know good IDCW MFs for investing
👉🏻 Follow @thehimanichaudhary to learn investing with me from scratch
#mutualfunds #mutualfund #idcw #dividends #passiveinvesting #passiveincome #stockmarketindia #explorepage #reelsindia #stockmarkets | Posted on 25/Apr/2023 14:28:38
