I NEED A FUND WHICH IS GIVING MONTHLY DIVIDEND. PL SUGGEST
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If you really need monthly money from your mutual fund, just opt a systematic withdrawal plan monthly. Taxes are less in this case.
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Dear sir can you explain what is STW plan . I am in need of it
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Mutual funds dividend is not real dividend. It is just like you are withdrawing your own money from your investment. On top it, you have to pay short term tax on it. It is not at all useful. Instead you can opt, STW plan.
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