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Growth and Income Funds aim to balance capital appreciation with steady income. They invest in a mix of dividend-paying stocks and growth stocks. Growth funds prioritize capital gains, while income funds focus on dividends. Deciding which is best depends on your risk tolerance & investment goals. Growth & Income Mutual Funds offer a blend of both. IDCW vs Growth Mutual Funds: IDCW focuses on tax-saving, while Growth Funds aim for growth. Both can generate passive income, choice depends on objectives.

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