Monthly income scheme: Safe

Safe, secure, and guaranteed returns with Axis Max Life’s in-built life cover. Double your peace of mind with Axis Max Life ULIP Plans offering savings and protection. Discover the best monthly income scheme in India with factors to consider, and a comparison table to help you find steady & reliable income options. 2. Monthly Income Mutual Funds (MIPs) Monthly Income Plans (MIPs) are mutual funds designed to provide regular income to investors. Most of the money is invested in debt instruments (such as bonds) and a small portion in equity to get better returns. How does it work? This scheme provides income every month through Systematic Withdrawal Plan (SWP) The return is completely market dependent – there is no fixed rate If the equity portion is high, both risk and return increase Most schemes ... Learn about monthly income plan (MIP), a mutual fund scheme that provides regular income and capital appreciation. Compare the performance, returns, and features of 6 best MIP funds in India for FY 24-25.