Monthly Income Plans belong to the hybrid mutual fund category and they are essentially debt-oriented. This means the majority of the portfolio is invested in debt funds or/and money market instruments, which is why MIP is a low-risk scheme. Investors can enjoy great liquidity while earning regular dividends.
DEPOSIT VALUE | 3 YEAR MONTHLY PAYBLE | 5 YEARS MONTHLY PAYABLE |
---|---|---|
25000 | 229 | 250 |
50000 | 458 | 500 |
100000 | 917 | 1000 |
150000 | 1375 | 1500 |
200000 | 1833 | 2000 |
300000 | 2750 | 3000 |
500000 | 4583 | 5000 |
1000000 | 9167 | 10000 |
2000000 | 18333 | 20000 |
3000000 | 27500 | 30000 |