Browsing: direct growth

For Non-Resident Indians (NRIs), choosing the right mutual fund plan can significantly influence long-term financial outcomes. Among the two primary options—Direct Growth and IDCW (Income Distribution cum Capital Withdrawal)—each caters to different investment needs and income expectations. This blog dives into which is better for NRIs – Direct Growth or IDCW, offering clarity on taxation, repatriation, return potential, and wealth-building strategy. Understanding the Basics: Direct Growth vs. IDCW What is Direct Growth Option? The Direct Growth option allows all gains from the mutual fund to be reinvested into the scheme. Instead of receiving payouts, your investment continues to grow, leveraging…