Dear Sirs,
I have ICICI Prudential Infrastructure MF Dividend . I want to change it to Growth. If I change it today - will it be treated new investment for the purpose of capital gains [fund family is the same].
Actually, I had started dividend 2 yrs back when I was not aware of this dividend and growth fundas. Now I do not need moneys every year, that too ICICI takes more than one month to credit the dividend in my account. Rather I would like to redeem funds partly at more appropriate times as and when the NAV is high. Hence I want this freedom.
Thanks for the answers
Kaushal
I have ICICI Prudential Infrastructure MF Dividend . I want to change it to Growth. If I change it today - will it be treated new investment for the purpose of capital gains [fund family is the same].
Actually, I had started dividend 2 yrs back when I was not aware of this dividend and growth fundas. Now I do not need moneys every year, that too ICICI takes more than one month to credit the dividend in my account. Rather I would like to redeem funds partly at more appropriate times as and when the NAV is high. Hence I want this freedom.
Thanks for the answers
Kaushal