Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

Can I get fixed monthly income by investing in mutual fund units?

Tags: money, mutual fund, fixed monthly
Asked by siddharth Paliwal, 28 Sep '12 10:05 am
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (7)

1.

As mutual funds are linked to market conditions, you can expect no fixed/assured income.
Answered by LIPSIKA, 28 Sep '12 10:11 am

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
2.

Yes. There are MIP(Monthly Income Plan) in mutual fund which is a debt-oriented scheme that generally invests up to 75-80% of its corpus in debt instruments and the remaining in equity instruments. MIPs aim to provide investors with regular pay-outs (through dividends) - although it is not mandatory for the mutual fund scheme as dividends are paid at the discretion of the fund house and subject to availability of distributable surplus. Alternately, you can invest in any mutual fund of your choice and opt for a SWP (Systematic withdrawal facility) of a fixed monthly amount. However, applicable exit loads and taxes would differ from scheme to scheme.
Source: http://www.itrust.in/mutual-funds.action
Answered by kunal pawar, 05 Nov '12 02:23 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
3.

Hi Friends,

As mutual funds are linked to market conditions, you can expect no fixed/assured income. But if you invest wisely in mutual funds or at-least take some good expert advice then there are good chances of regular income.

If you want to know more about any type of bonds such as surety bond, commercial bonds, contractors bond, school bonds and infrastructure bonds etc please visit http://www.probondins.com/

Thanks
Source: http://www.probondins.com/
Answered by Probondins, 22 Oct '12 10:37 am

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
4.

According to me if you invest wisely in mutual funds or at-least take some good expert advice then there are good chances of regular income.
Source: http://www.religareonline.com/mutualfund/home.aspx
Answered by tiya deora, 18 Oct '12 06:11 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
5.

Better avoid mutual funds,, they are not a good investment at present.. Further, they do not assure you monthly income.
Answered by subhash, 28 Sep '12 10:20 am

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
6.

Yes, there are a number of mutual fund schemes which give you fixed monthly income. Further, you can also get monthly income by making a single investment in an open ended scheme and redeeming fix value of units at regular intervals. As per the requirement of investor accurate advises can be had from Reliance Mutual Fund advisors spread all over the country.
Answered by mohit jagannath, 28 Sep '12 10:07 am

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
7.

No for that invest in bank FD you will get better returns than in MF
Answered by iqbal seth, 28 Sep '12 10:06 am

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining