I am trying this out with PFC REC and ITC myself . I think it should work fine if the time horizon is long.
The ITC experiment started almost 2 years ago … and I already have 60 stocks bought from dividends while I have 480 or so originals even though paying 7.5% tax on the dividend(I pay rest of the tax out of my pocket anyway but buy the stocks from the money credited to my account).
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