Localfund.com - All about Fund and Investment
*Home>>>Income Fund

Is any plan for getting regulary monthley income from mutual fund?


I mine its like MIS plan from postoffice which give you monthly income from your deposite .

MIP are available with lots of Fund family. You can also select diff. options - Monthly or quaterly dividend option.
However one thing is also important to take into consideration that invest into fund/ scheme / select the option as per your req.
MIP is suitable to some particular age group.
Depending upon your financial req. , age etc. fund is to be selected.
If you are a long term investor, you can select some diff. option also.
You can also join my group
http://in.groups.yahoo.com/group/nshadv/

Is there anyone that you know that can write good English? If so, have them re-type your question

Yes, there are Income fund schemes in Mutual Funds which can give you regular income on your investments. All fund houses have these type of Income schemes which includes dividend paid as Daily, Weekly, Monthly, Quarterly, Half Yearly, Yearly. You may select your payout option as per your need and the corpus available.

yes. You can invest the money in any good 5 star rated mutual fund and opt for systematic withdrawal plan for monthly with drawals and your needs will be taken care.

Good Luck !
pnkmurthy@yahoo.com

For regular monthly income with out any risk , Mutual funds are not the good option

Yes please do go in for any Monthly income scheme from a Mutual fund. They invest in debt predominantly and some times give more return than fixed deposit.
Best option with high intrest rates is to put your money in the bank and take monthly intrest income. Safe and no hassles

Tags
  Investment Account   Invest Money   Invest in Gold   Invest Fund   Income Fund   HYIP   High Yield   Hedge Fund
Related information
  • If you could choose what federal service your income tax would fund, which service would you fund?

    sedm.net or familyguardian.org or the Ron Paul presidential campaign

    ...
  • Which is the best type of mutual fund that will minimize the income tax. What is ELSS?

    Equity linked savings scheme Under section 80, Indians can invest upto Rs 1 lakh in ELSS (Equity Linked Saving Scheme, also commonly known as Tax Saver schemes) funds per year/per individual. Th...

  • Can owning a mutaul fund affect your social security income for people under 40?

    Yes, mutual funds to impact social security/disability benefits, because they are an asset, and you have the ability to make withdrawals on the earnings at any time, even if there will be an excise...

  • What is the difference between a corporation, and an income trust fund?

    An income trust fund generally allows the passthrough of tax sheltering to the investors, which can provide a tax deferred income for the distributions. In addition, there is no double taxation; al...

  • Is there a good Vangurard fund for growth and income that can compare to American Funds Capital Income Builder

    Probably the closest is Wellesley Income Fund. You are correct about the front-end load. Vanguard funds are no-loads.

    ...
  • Student with 35k income, which IRA to fund?

    roth now and when you start full time do both!!!!

    ...
  • What programs do our individual income taxes fund?

    All federal programs: National Defense Interstate commerce Tax collections Court systems FEMA Federal Education Welfare

    ...
  • Whether the income from the Mutual fund (Equity Related) is taxable, if the same is sold after 1 year.?

    I'm not familiar with form ITR-2...what country are you in? I can only speak to U.S. tax law, and that says that, in a NON-retirement account, you have two main tax liabilities: a) Every...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster