POSTED BY July 23, 2012 3:42 pm COMMENTS (2)
ONFor those planning to make debt investment of more than 1 year, and were confused between Growth and Dividend Options, here is an excellent eye opening article.
http://economictimes.indiatimes.com/personal-finance/savings-centre/analysis/invest-in-both-dividend-and-growth-options-to-cut-tax/articleshow/15078151.cms?curpg=1
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I agree. However, for the above article, it is valid only if your income is more than 10% tax slab. If you in 10% or less tax slab, growth option is much better.
Yea i read this article in this issue of ETWealth , that strategy of dividing the investing in 30:70 ration between dividend and growth option is really a great one !