Monthly Income Plans (MIP) in mutual funds – who should invest?
Monthly Income Plans (MIP) in mutual funds – Who should invest? Monthly income plans (MIP) in mutual funds are like debt mutual funds where it pays fixed income by way of dividends. Monthly income plans are becoming famous year on year. Features of Monthly Income Plans (MIP) Fixed income not guaranteed: Thought its primary objective is to provide regular fixed income, there is no guarantee that such plans would provide regular income as the returns would depend on the investment […]
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