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HomeNewsBusinessPersonal FinanceWhy WhiteOak Capital’s new fund doesn’t offer a dividend option

Why WhiteOak Capital’s new fund doesn’t offer a dividend option

The dividend option aims to periodically put some money in the hands of investors. But it is at the sole discretion of the fund house. WhiteOak Capital’s strategy is contrary to fund houses that opened close-ended schemes with only dividend options

September 05, 2023 / 09:47 IST
Why WhiteOak Capital’s new fund doesn’t offer a dividend option

Most active mutual fund schemes – equity, debt or hybrid – offer dividend and growth options. While the growth option is used by investors keen on long-term compounding of money, the dividend option is used by investors who are keen to get cash periodically from their investments.

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