How can i invest the mutal fund which gives me monthly returns ??

Question

mutal funds

Answer 1

i dont think that u will get monthly retuns on any mutual fund. For ur information minimum locking period for MF is 3 years.

Answer 2

hi,

almost all fund housees are having monthly income plan. some mutual funds having income distribution or fix amount withdraw ( which is decided by fund holder)facility monthly,quartly, half yearly and yearly basis.you can check UTI and frankling india mutual funds, there are some good monthly income funds. and also they are having long track records

best of luck

Answer 3

Monthly Income Plans come closest to what you are looking for. However, be aware that there exists no compulsion on part of the fund to declare dividends every single month. Dividend misses are common when the fund is not performing well.

-Ashwin

http://www.EaseOfMoney.com

Answer 4

The name 'Monthly Income Plan' is a misnomer. It does not come with an assurance of monthly returns. As many as 16 MIPs missed their dates with dividend in June & more in July.

MFs pay monthly dividends only if they make profits.