Income Mutual Funds Meaning
That is the investor or shareholder makes money from the dividends and coupons from the securities in fund not from higher bond or share prices.
Income mutual funds meaning. 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. Income mutual funds synonyms income mutual funds pronunciation income mutual funds translation english dictionary definition of income mutual funds. An income fund is a type of mutual fund or exchange traded fund etf that emphasizes current income either on a monthly or quarterly basis as opposed to capital appreciation. Two categories of mutual funds as defined by sebi.
Income funds are mutual funds etfs or any other type of fund that seek to generate an income stream for shareholders by investing in securities that offer dividends or interest payments. An investment company whose main objective is to achieve current income for its owners.