Mutual fund dividend

[Bhuvan]

@Riya123

Mutual fund dividend will be credited in Primary bank account OR as extra mutual fund units?

First of all mutual funds don’t issue dividends, they just sell your units and give your money back to you.

Here's why dividend mutual funds are a bad deal for you

Here’s a good video where Mr.Parag Parikh explains why mutual fund dividends are bad for you. Also, read

In a dividend payout plan, the money will be credited to your primary bank. In a dividend reinvestment plan, the money will be reinvested