Author: akshay bhadange

Growth plan in a mutual fund

Growth plan in a mutual fund Mutual funds are very versatile in nature. There are many choice to choose from. Some of different plans are Growth plan Option Dividend reinvestment Option   What is Growth plan in mutual funds ? Growth plan are basically funds who does not payout the divided to their share holder. Hence they use that money instead of paying out to reinvest in their businesses and Hence there is an increase in net asset value of that same fund. Hence Shared holder gets the benefit that the same funds which they have brought has increase its value .So growth ...