Difference Between Dividend Growth and Dividend Mutual Fund
Every mutual fund scheme comes in two types of plans – growth and dividend. The growth option gives returns in the form of rising values of mutual fund units. Whereas, under the dividend option returns are paid via periodic dividends.
What is a dividend growth fund?The Vanguard Dividend Growth fund is designed to provide income through investments in dividend-focused companies across all industries. It concentrates on high-quality companies that can grow dividends over time.