News From Press Pension booster: Get monthly income from mutual fund

Pension booster: Get monthly income from mutual fund

Source: Financial Express Oct 10, 2022

Risk-averse investors looking for a regular source of income can opt for monthly income plans (MIP) of mutual funds. These open-ended funds are debt-oriented and provide dividends. Returns generated from these funds are better than bank fixed deposits and even post-office monthly income scheme.

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