Ashanth Muthutantri

Hello, could I please reclarify the reinvestment, if say there is a decision to reinvest dividends automatically which is selected at the point of purchasing the units which the the fund manager carries out would the dividends declared and reinvested become taxable?

Thanks much appreciated!

Very useful!

Thank you! This is very helpful. Just one more addition, this is an investment in a mutual fund. No cash is paid out and the dividend is directly reinvested as units of the fund. Just wanted to be sure that this would not change the position of when taxes would be due. Thank you!