Systematic invetsment plan
This query is : Resolved
29 January 2011
Dear friends,
i want to start SIP so which type of SIP option should i select.
i.e.growth plan or dividend plan.
i want to start SIP so which type of SIP option should i select.
i.e.growth plan or dividend plan.
sivasankar
(Expert)
31 January 2011
Hi,
Selction between growth and dividend plan depends on the reason of your investment.
If you want tax free income every year go for dividend option else go for growth.
My personal view is that if you are unmarried go for a SIP in Gold ETF particularly Benchmark Gold ETF.
If you are opting for 2 funds select dates as 1st and 15th of every month.
Selction between growth and dividend plan depends on the reason of your investment.
If you want tax free income every year go for dividend option else go for growth.
My personal view is that if you are unmarried go for a SIP in Gold ETF particularly Benchmark Gold ETF.
If you are opting for 2 funds select dates as 1st and 15th of every month.
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