Securing Hannav Ledger...
Securing Hannav Ledger...
Glossary
The growth option reinvests all mutual fund profits back into the scheme, so returns show up as NAV appreciation rather than periodic payouts.
Instead of getting periodic payouts, all your gains stay invested and compound over time.
Preferred for long-term wealth creation due to compounding; taxed only on redemption, unlike IDCW which is taxed as income when paid out.
A ₹1 lakh SIP corpus in growth option shows entirely as a rising NAV, with no interim payouts.
Instead of getting periodic payouts, all your gains stay invested and compound over time.
Growth Option (Mutual Fund) helps you evaluate products, compare options, and make informed decisions aligned with goals, tax rules, and risk tolerance in the Indian financial system.