Best MIP (Monthly Income Plan) Mutual Funds

#21
Re: Which Monthly Income Plan to Invest?

Hi,

Thanks for your reply. Below is the information I took from money control

Principal Monthly Income Plan - MIP Plus (G) -> Fund Allocation
Equity 13.51
Debt 73.14
Mutual Funds N.A
Money Market 0.00
Cash / Call 13.35

DBS Chola Monthly Income Plan - Regular (G) -> Fund Allocation

Asset Allocation (%)
Equity 14.04
Debt 74.71
Mutual Funds N.A
Money Market 0.00
Cash / Call 11.26

I do not know where to check the blended index - Crisil.

Kindly let me know your comments.

Regards,
Sriram
 
#22
Re: Which Monthly Income Plan to Invest?

Now as most of the funds are sitting on cash instead of equity buyinf...the allocation of equity cannot be checked wrt money control data. You have to see offer letter for fund mandate and credit rating of debt instruments by CRISIL.
It will be good to read this article too

http://in.rediff.com/money/2005/jul/01perfin1.htm

In <20% Equity i would rank funds like

1. DBS Chola MIP expense : 2.25
2. HSBC MIP Savings
3. DSPML Sav + Moderate

In >20% Equity

1. Principal MIP+ fexpense : 2.00
2. LIC MIP
3. UTI MIS Adv Plan

Your selection is good. Go ahead!


Swama.







Hi,

Thanks for your reply. Below is the information I took from money control

Principal Monthly Income Plan - MIP Plus (G) -> Fund Allocation
Equity 13.51
Debt 73.14
Mutual Funds N.A
Money Market 0.00
Cash / Call 13.35

DBS Chola Monthly Income Plan - Regular (G) -> Fund Allocation

Asset Allocation (%)
Equity 14.04
Debt 74.71
Mutual Funds N.A
Money Market 0.00
Cash / Call 11.26

I do not know where to check the blended index - Crisil.

Kindly let me know your comments.

Regards,
Sriram
 
#23
can someone please let me know which are the three best monthly income plans mutual funds as i need to invest substantial amounts urgently.

i have alrady done so in reliance and hdfc so leaving these two
 
#24
I am also investing around 4 lakh into both HDFC and Reliance MIP I find them good performing and rated high

But I am confused should i PUt lumsum or through STP..

I don't see any benifit of STP or SIP ? any views
 

rs53

New Member
#26
I am also investing around 4 lakh into both HDFC and Reliance MIP I find them good performing and rated high

But I am confused should i PUt lumsum or through STP..

I don't see any benifit of STP or SIP ? any views
Lumpsum makes more sense for MIP funds where equity portion is very low. SIP is the proper choice for Equity funds. My opinion.
 
#27
Thanks

Thats what i was wondering since the Equity portion is low their should be less advantage here in doing SIP or STP specially when i have all my money ready to be invested.
 

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