This process is totally new for me, I want regular income, for dividend mutual fund investment, which is the best way to invest through? Demat account? and if I invest through Demat account how I will get dividend return every year? they will credit on same same account? and which are best tax free dividend mutual funds?
1) You can invest either way - through normal route - by filling up an application and submitting through a mutual fund advisors or at the AMC office or buying mutual funds online. You may also invest through your Demat account where your stocks are held.
2) If you invest through Demat account, the mutual fund dividends and redemption proceeds will be sent through direct credit to the bank account attached with that Demat account
3) If you invest through other then Demat route, then the dividends and redemption proceeds will be sent through direct credit to the bank account which you have mentioned while filling up the mutual fund application form.
4) To know more about the top dividend paying mutual funds, do go through the following links -
https://www.advisorkhoj.com/mutual-funds-research...
https://www.advisorkhoj.com/mutual-funds-research...
5) Dividends received from mutual funds are tax free in the hands of the investors. Please also read about the mutual fund taxations here https://www.advisorkhoj.com/co...
Aug 29, 2019 by Nandu
Aug 26, 2019 by Dhiraj
Aug 18, 2019 by Dr. Ketan S Trivedi
Aug 16, 2019 by Sanjay Gargish
Aug 3, 2019 by Chirag Agrawal
Jul 30, 2019 by Abhishek Shah
Jul 28, 2019 by Dr. Pradip Kumar Chatterjee
Jul 27, 2019 by Pravin Jain
Aug 26, 2019 by Joel A Peres
Jul 25, 2019 by Rabindra Chandra Bhattachara
Nov 25, 2024 by Advisorkhoj Team
Nov 25, 2024 by Advisorkhoj Team
Nov 22, 2024 by Axis Mutual Fund
Nov 22, 2024 by Advisorkhoj Team
Nov 22, 2024 by Advisorkhoj Team