In today’s uncertain world, some people i.e ( retired person, person with uncertain income etc.) wants regular income.
Here you may use mip( monthly income plan, systemetic withdrawal plan), whose primary objective is to provide regular income to the investor.this makes mips a favoured mutual fund product category. note that mips invest a majority of their invested corpus in secure instruments and a very small amount in equity; hence the returns are more or less stable.
Best short term, medium term and long term debt funds:
Short Term Debt Funds:
Medium Term Debt Funds:
Hybried Debt Oriented Funds: