What are Dividend mutual funds?

There are several different schemes under the same mutual fund. The dividend scheme is one such scheme.

In a mutual fund’s dividend scheme, the fund pays a dividend at regular intervals.

The amount and frequency of the payment of the dividend is not fixed though mutual funds try to make sure they stick to investor’s expectations.

Most experts do not recommend dividend mutual funds because they do not allow compounding to perform effectively.

What are Dividend mutual funds?
What are Dividend mutual funds?
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