Fixed Income Mutual Fund Schemes

It heavily depends on the performance of the fund as well.

Fixed income mutual fund schemes. 4 to 5 lacs then i hope you will get 30k to 40 k per month. The monthly income plan is an open ended mutual fund that predominantly invests its assets in fixed income instruments. This income is determined as per a particular rate and may not be a fixed amount. This is a safer bet for investors looking at regular returns.

Like hdfc bank given 7 25 monthly interest. 6 best monthly income plan mip 2020 updated on november 15 2020 58245 views. List of top performing income fund schemes for fy 2019 20. An open ended fund or scheme is one that is available for subscription and repurchase on a continuous basis.

These schemes do not have a fixed maturity period. A debt mutual fund scheme invests a significant portion of its portfolio in fixed income securities like government securities g sec debentures corporate bonds and other money market instruments. Best top fixed income plan investments rates in india. However capital gains from the selling of mutual fund units attract tax.

By investing money in such avenues debt funds aims to lower the risk factor in your investments. They have some monthly income schemes on a fixed deposit amount. Get the list of best fixed income plan investments in india best deposit rates offered by indian private sector banks public sector. To generate regular income.

Fixed income funds are mutual funds which give you returns at fixed intervals monthly quarterly or half yearly. So if you make fd on rs. An income fund is a type of debt mutual fund which generates returns by investing in relatively long dated debt instruments like government securities corporate bonds debentures certificates of deposit etc. A mutual fund scheme can be classified into open ended scheme or close ended scheme depending on its maturity period.

Debt mutual funds are less risky as funds are invested in government securities corporate bonds commercial paper treasury bills and other securities that generate a fixed interest unlike the volatile stock market.