do I get dividends?
Dividends would be paid by cheques, drawn in the name of
the sole holder /first-named holder (as determined by the
account and mailed to the last address recorded in the
books). The Bank name and the Account no. as specified in
the records will also be mentioned in the cheque. The
cheque will be payable at par in all the cities designated
by the Fund. In case of other cities, you will be paid by
a Demand Draft after deducting the demand draft charges
(if any and depending upon the concerned AMC).
are Dividend re-investment plans? Do loads prevail?
It is combination feature of both growth and dividend
plan. Dividends are declared as in a dividend plan. But
are not received instead are reinvested in the scheme
No, there is no load on re-investment of dividends into
the same fund. In a dividend reinvestment plan, the
dividend is reinvested in the scheme itself. Hence instead
of receiving dividend, the unit holders receive units.
Thus units would be allotted under the dividend
have not received my dividends what do I do?
Write a letter to AMC for not receiving the dividend.