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Getty images the situation is very different when instead of receiving interest you are withdrawing from an investment in a hybrid balanced mutual fund.
Income earning mutual funds. I am expecting income of rs 18 000 per month. Simply stated a mutual fund is a term used to describe a type of fund set up that doesn t do anything other than owning investments. Investing in mutual funds to generate passive income. Can you suggest some strategy to achieve it.
I want to invest rs 20 lakh in mutual funds for a monthly income. Is it possible to get such income with 20 lakh rupees. The fund s management company hires a portfolio manager for the fund and pays him or her a management fee which often ranges between 0 50 and 2 00 of the fund s assets. Some funds are known for investing in companies that pay regular dividends.
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