How to invest in a mutual fund to earn regular return

I have 20 lacs. I want 15000 monthly income from this, where should I invest this amount with good safety?

Aug 16, 2017 by Sandip, Nasik | Mutual Fund

Even though you can easily get a regular income of monthly Rs 15,000 from your investment of Rs 20 Lakhs by investing in mutual funds, it may not come with good safety. Investment in mutual funds has some risk and it depends on the type of funds that you are investing.

For example - liquid funds have the least risk but mid and small cap funds have the highest risk.

However, as you want to draw a regular earning from your investments, we think, you should choose a middle path by investing in balanced funds. Balanced funds have moderate risk as they invest in both, equities and debt instruments. Read https://www.advisorkhoj.com/principalmf...

Now, if you are ready to take moderate risk, you can invest Rs 20 Lakhs in 2-3 top performing balanced funds and start drawing a fixed amount every month on a fixed date.

Among top performing balanced funds you can consider investing in these - ICICI Prudential Balanced Fund, SBI Magnum Balanced Fund, DSP BlackRock Balanced Fund, Birla Sun Life Balanced 95 Fund and HDFC Balanced Fund.

To know more how SWP works and how it is beneficial to you, please go through the following links -

https://www.advisorkhoj.com/articles/Mutual-Funds...

https://www.advisorkhoj.com/post-your-queries....

Hope you find the above useful and thanks fro writing to Advisorkhoj.

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