This has the reference to the SEBI circular no. SEBI/HO/IMD/DF3/CIR/P/2020/194 dated October 05, 2020 to review the Dividend option(s) in the schemes.
Accordingly, schemes of Mutual Fund shall be renamed in the following manner with effect from: 1-Apr21.
Serial Number | Existing name under dividend option | Revised name under dividend option |
1 | Dividend Payout | Payout of Income Distribution cum Capital Withdrawal option |
2 | Dividend Reinvestment | Reinvestment of Income Distribution cum Capital Withdrawal option |
3 | Dividend Transfer Plan | Transfer of Income Distribution cum Capital Withdrawal plan |
Click here to view the circular.
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