How do I get dividends if my mutual fund investments are in Demat account

This process is totally new for me, I want regular income, for dividend mutual fund investment, which is the best way to invest through? Demat account? and if I invest through Demat account how I will get dividend return every year? they will credit on same same account? and which are best tax free dividend mutual funds?

Aug 23, 2016 by Harshal Gurav, Mumbai  |   Mutual Fund

1) You can invest either way - through normal route - by filling up an application and submitting through a mutual fund advisors or at the AMC office or buying mutual funds online. You may also invest through your Demat account where your stocks are held.

2) If you invest through Demat account, the mutual fund dividends and redemption proceeds will be sent through direct credit to the bank account attached with that Demat account

3) If you invest through other then Demat route, then the dividends and redemption proceeds will be sent through direct credit to the bank account which you have mentioned while filling up the mutual fund application form.

4) To know more about the top dividend paying mutual funds, do go through the following links -

https://www.advisorkhoj.com/mutual-funds-research...

https://www.advisorkhoj.com/mutual-funds-research...

5) Dividends received from mutual funds are tax free in the hands of the investors. Please also read about the mutual fund taxations here https://www.advisorkhoj.com/co...

Search
You haven't found the answer for your queries? Do post your queries to us.
POST A QUERY
Nippon India MF IE Campaign 300x250
LIC MF Women IEAP 300x600
Feedback
Notification