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Clear SearchIf you are looking for regular income from mutual fund investments, you can invest in MIP mutual funds. These mutual funds invest the majority of the corpus in the fixed income securities while 10-30% can be invested in equities. MIP or Monthly Income Plan can provide periodic income with different periodicity (monthly, quarterly, half yearly). These funds are specifically designed to provide monthly income to the investors.
There are 2 ways in which you can get monthly income from mutual funds namely, MIP and SWP.