DWQA User Profile RajivaQuestions(1)Answers(0)Posts(0)CommentsI can remain invested in MIP fund indefinitely ( in any case more than 3 years) but like to have a monthly/quarterly income through either dividend/ systemic withdrawal . I intend investing in pure growth SIPs immediately after receipt of first income from mutual fund MIP . Say if my investment in mutual fund MIP is able to generate a net monthly income of Rs 40,000 /- ( @ 8%) then I can have 4 SIPs of Rs 10, 000/- each . I intend staying invested in SIPs for 3 years or more to take advantage of long term capital gains/indexation.I am not referring to STP from mutual fund MIP (Growth) to equities as I have no appetite for selling /liquidating equities and in fact very poor at it.On Investment in Mutual Funds by a RetireeCrop
