regular monthly income

sir, I stay in Northe-east part of India and we are exempted from paying any income tax.I have invested in equities, fixed deposits, and mutual funds schemes like diversified equities.The ratio would be 60 equities, 30 fixed deposit.Now I have cash about 10%.I want regular monthly income.Please suggest.I am 55 years old.

asked Sep 02 '12 at 21:26 by Vin Always 11

You can invest into Post Office Monthly Income scheme or a debt mutual fund with monthly dividend for regular income.

answered Sep 03 '12 at 13:38 by Pankaj Batra 5.2k320


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Asked: Sep 02 '12 at 21:26

Seen: 1,262 times

Last updated: Sep 03 '12 at 13:38