Usually, the net asset value (NAV) of the dividend option of a fund is found to be lower than that of the growth option because of the periodic dividend payout. This, however, is not true in case of DSP BlackRock Equity Fund. Why?
- S. H. Godbole
The dividend plan under DSPBR Equity Fund has been in existence since April 1997 while the Growth plan under the fund was launched relatively recently in June 2007. At this time, the NAV under the dividend plan was already at close to Rs 43 while the NAV of the Growth plan was started afresh from Rs 10.