Incase i hold a MF policy and a company gives dividend. This dividend comes to my bank or where does it go?
For some brokers it gets credited directly to the bank account linked with trading account, and for some it gets credited into your trading fund.
thanks for the reply Snehil. I am fairly new to MF(which you can guess by seeing the number of question I am asking ;). What do u mean by trading fund?
Its the fund available on your trading account which you can invest back in equities or MF’s