Rasel Haniy Services

In today’s high standard of living, one requires a steady source of income. But that’s not all… one should be smart enough to invest correctly to meet the needs of family and himself because expenses never end. It’s an ongoing process.

Have you ever thought of getting enough returns for your investment? Some investments don't provide liquidity. Many investments have no provision for tax planning. And every time you withdraw money to generate income, you lose a significant portion by way of tax. Monthly Income Plans are mutual funds that seek to give regular dividends to investors. Though returns are not guaranteed, they are an ideal choice for conservative investors who along with an exposure to do not mind a small exposure to equities. Investors who do not want to invest in diversified equity funds or even balanced funds (funds that invest in both equity and debt) can consider making investments in MIPs. These funds invest more in debt (fixed return investments) than in equity. Hence they are safer than equity funds and balanced funds