Mutual Fund Monthly Income Scheme

Monthly income plan mip mutual funds provide regular returns to investors.

Mutual fund monthly income scheme. For the aggressive monthly income plans 16 30 is invested in equity securities while the remaining amount is invested in the debt securities. Top performing mutual fund monthly income plans mips have beaten post office monthly income scheme mis in terms of annualized returns over the last 5 years by investing a small part of the corpus in equities which can give higher returns than fixed income investments. The monthly income plan is an open ended mutual fund that predominantly invests its assets in fixed income instruments. Typically monthly income plan is a combination of debt and equity assets in which more 65 of the assets are invested in fixed income yielding instruments.

The monthly income mutual funds are in a way debt funds as most of the amount is invested in debt operations. Here is the list of top 10 monthly income plan mip mutual funds to invest now. An mip aims to. Mips are best suited for retirees who seek a steady income instead of capital gains.

A monthly income plan mip is a type of mutual fund strategy that invests primarily in debt and equity securities with a mandate of producing cash flows and preserving capital. Monthly income plan is a sort of mutual fund plan which basically invests primarily in equity securities with a necessary of generating cash flows and saving capital. Monthly income plans mip monthly income plans refer to open ended debt oriented mutual funds that invest around 75 to 80 into debt instruments like high rated corporate bonds or debentures and remaining 20 to 25 in equity and cash. The ratio of equity investments is considerably low but is just enough to give you an added advantage to the stability of the debt part of the fund.