Which HDFC scheme offers regular monthly returns?
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Gaurav Monga, Director, PxG Consultants, responds:
Mutual funds do not guarantee to pay fixed returns in any form, whether monthly or annually. Most of the mutual funds come with two options: growth and dividend. In the dividend option, some categories of funds offer monthly dividend payout. But paying dividends is at the discretion of the fund house. The dividend rate is also not fixed and depends on the returns a fund is generating.
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