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#12
18th March 2008, 05:07 PM
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Re: Best MIP (Monthly Income Plan) Mutual Funds
What do you think of Reliance Monthly Income Plan?
I have been investing in it since Sept-07, and could see that it is very stable. I basically invest in MIP to save the 2.25% in entry load, so, SIP in MIP and Systematic Transfer plan to another Reliance fund 
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#13
18th March 2008, 05:16 PM
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Re: MIP or Post Office Scheme
I am not a subject matter expert, but my financial advisor recommended Arbitrage funds.
I had created a new thread for this only, to know more about it. I checked that ICICI Equity and Derivatives fund is one good option. Exploring more: http://www.traderji.com/mutual-funds...le-market.html
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#14
18th March 2008, 06:59 PM
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Re: Best MIP (Monthly Income Plan) Mutual Funds
Quote:
Just want to confirm if we go for Systematic Transfer plan from MIP to another reliance fund, wont they charge entry load for new fund?
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#15
19th March 2008, 10:02 AM
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Re: Best MIP (Monthly Income Plan) Mutual Funds
Yes, for some of their other funds, there is no entry load.
So, I have an SIP in Reliance MIP and STP to Reliance Media and Entertainment. There are other funds as well, where they dont charge any entry load for STP.
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#17
13th June 2008, 01:25 PM
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can mutual fund provide monthly income
please tell me whether mutual fund can gine me return on monthly basis on investing one time. or can i invest for 1 month in MF which mf provide highest return.
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#18
14th June 2008, 11:28 AM
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Re: can mutual fund provide monthly income
Hello!
Almost all AMCs offer MIPs i.e. monthly income plans, which provide u frequent dividend payouts once u invest. But as these are equity related investments, fixed returns every month are not for sure. MrIndia
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