Ask Value Research

Can I shift from dividend to growth option?

As per our record, Canara Robeco Large Cap+ Fund has declared a dividend of Rs 1.2 per unit on November 28, 2014

Is it possible to shift from dividend to growth option, if the fund has not declared the dividend even once after the initial offer? Specifically from Canara Robeco Large Cap+ Fund Dividend to the Growth Option? The NAVs are also the same.
- Anantha

As per our record, Canara Robeco Large Cap+ Fund has declared a dividend of ₹1.2 per unit on November 28, 2014. The NAV of the growth plan is ₹16.65 and ₹15.51 for the dividend plan. Yes, it is possible to shift from dividend to growth option in a mutual fund scheme.However, you should remember that it would be considered a redemption in the existing scheme and a fresh purchase in the desired plan.

This article was originally published on November 16, 2015.

Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Other Categories

Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.

Take charge. Know more. Keep more. Mutual Fund Insight helps you do all three — every month