Opting for the IDCW plan in Mutual Funds is a big mistake a lot of investors make unknowingly or to generate cash flow.
IDCW is very different from dividends paid out by companies. Companies make a payout from the profits but taking the IDCW plan means you will be paid out even if profits were not made and hence your investible capital can come down.
Also, IDCW is taxed at 30% vs 10% when you simply sell the units after 1 year of investments in an equity plan.
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IDCW vs Growth Plans in Mutual Funds | Kirtan Shah CFP
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