Investors can also opt for withdrawing or transferring only the appreciation on the investment. This is known as the appreciation option.
In a transfer of income distribution cum capital withdrawal plan, investors are given the option of automatically transferring the dividend declared in a source scheme to an identified target scheme.
Dividend transfer plans have been renamed as 'Transfer of income distribution cum capital withdrawal plan' effective from April 1, 2021.
In the event of delays in refunds (in case of NFOs), investors need to be paid interest at the rate of 15 percent p.a. for the period of the delay. This interest cannot be charged to the scheme.
Dispatch of Dividend payments to investors - Within 15 days from the record date