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Which Mutual Fund MIPs can give me better returns

I wish to invest 10 lakhs in MIP Mutual Fund (Monthly Dividend) which one or two mutual funds would you recommend. I am retired, 63 and I need a monthly income. I have FDs which give me a monthly income but I wish to now move 10 lakhs into MIP MFs?

May 3, 2017 by Jehangir Chinoy, Pune  |   Mutual Fund

Glad to hear that you want to invest in mutual fund MIPs in order to get superior return over Fixed deposits.

ICICI Prudential MIP 25 Plan Monthly Dividend and Birla Sun Life MIP Wealth 25 Plan Monthly Dividend are two of the top performing funds in this category.

you can check the dividend payout track record of ICICI Prudential MIP 25 Plan here https://www.advisorkhoj.com/mutual-funds-research/mutual-funds... and Birla Sun Life MIP Wealth 25 Plan here https://www.advisorkhoj.com/mutual-funds...

To see all the monthly dividend paying MIPs, please refer this link - https://www.advisorkhoj.com/mutual-funds...

Hope this helps you in investing in mutual fund MIPs

Thanks for writing to Advisorkhoj!

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