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and dividend plans. at the moment, if an investor switches from a growth plan to a dividend plan, or vice-versa, it is deemed as withdrawal from one scheme and capital gains rules apply. reason being, the net asset value (nav) of both plans (dividend and growth) are different. sebi believes that since...
https://www.moneycontrol.com/news/business/markets/budget-2020-level-playing-field-between-mf-ulips-allow-plan-switch-without-tax-sebi-to-fm-4755581.html