How much monthly interest will I get if I invest 1 lakh in HDFC mutual fund?

Mutual funds give you a dividend (though you may call it ‘interest’ if you wish to compare it with an FD). Each mutual fund has its own calendar for paying out dividends. The amount of dividend paid out also varies, usually on a per unit basis, which translates a certain % of the issuing NAV.

Since HDFC has a lot of funds i cannot answer in specific, but here isa list of the various HDFC funds and the dividend history.

If your intention is to grow money for long term, then go for growth plans and avoid dividend schemes.

Read more: https://www.jama.co.in/long-term-capital-gains-on-mutual-funds-and-switch-to-direct-plan-mutual-funds

Leave a Reply

Your email address will not be published. Required fields are marked *