Monthly Income Plans of mutual funds do not give a fixed rate of interest but a dividend.
Unlike a fixed deposit, the returns are not guaranteed. Neither the frequency of the dividends nor the rate of dividend.
Monthly Income Plans of mutual funds do not give a fixed rate of interest but a dividend.
Unlike a fixed deposit, the returns are not guaranteed. Neither the frequency of the dividends nor the rate of dividend.
Top 3 MIP as per moneycontrol.com -
- HDFC MIP - LTP (G)
- Reliance MIP (G)
- UTI MIS - Advantage Plan (G)
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