Ready to say good-bye to 'dividend' plans in mutual funds?

Mutual funds will not offer `dividend’ plans anymore. Relax. Dividend plans just got a new name. Securities and Exchange board of India, the market watchdog, on Monday asked mutual fund to rename dividend plans in both their existing as well as new schemes. However, mutual fund advisors believe that even though it is a step in the right direction, this may not solve the issue of be the solution for the mis-selling problem.The new norms for