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Difference in NAVs of dividend and growth plan

Birla Sun Life Tax Relief 96 is a four-star tax planning mutual fund scheme

Why is there a huge difference between the net asset value (NAV) of growth and dividend plans in Birla Sun Life Tax Relief 96?
- Prabhakaran

Birla Sun Life Tax Relief 96 is a four-star tax planning mutual fund scheme. The dividend option of the scheme was launched in 1996 and the growth option was introduced later in 2008. That explains why the dividend option that has been around for a much longer time has a higher NAV.

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