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dividend....

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balanced fund

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Growth funds are funds where your investment would grow year on year and you do not realize any gains until you surrender your investment.

Dividend funds are funds where your investment would grow and at the same time you get regular earnings as form of dividends.

Because dividend funds share their profit regularly, the NAV of a dividend fund is always lesser than the growth fund.

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A policy of paying a low regular dividend plus a year-end extra in good years is a compromise between a stable dividend and a constant payout rate.This policy gives the firm flexibility.

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investment made for the purpose of earning dividend/interest .that is called non-trade investment.

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