POSTED BY January 7, 2011 12:10 pm ONE COMMENTON
I am having some investment in ICICI Pru Dynamic Plan – Dividend option. As from 1-Apr-2012, dividend is going to be taxed at 5%, I want to switch to Growth option of the same fund.
Does it make sense to switch at one go or should I switch systematically (through STP)?
I know that STP from liquid fund to equity fund is recommended and it works.
How about STP from equity to equity?