Hi,
I am for mutual funds which pay me monthly interest as of FD in banks. What are the funds which more interest and what is rate at which it pays. Is there any limit in investing(min and max).
1 Answers
Hi,
Kindly note that mutual funds do not pay Interest, but they declare Dividends.
However, unlike interest on FDs, dividends on not guaranteed and they may not be regular also.
Kindly read below articles;
http://www.relakhs.com/debt-funds-types-benefits-risk-vs-return/
http://www.relakhs.com/best-debt-mutual-funds-india-top-debt-funds/
http://www.relakhs.com/best-monthly-income-plans-india-mutual-funds/
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