Dividend Sweep Option of Birla Sun Life Dynamic Bond Fund

POSTED BY fgdss ON March 8, 2015 9:30 am NO COMMENTS

Hello I have found one option Monthly Dividend Sweep Plan with MINIMUM INVESTMENT Amount as Rs.5,00,000/-

They do sweep from Debt to Equity fund at every recorder dividend date.

I have one question. Does such dividend sweep attract DDT (dividend distribution tax)?

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