R ecently, we met a rather hassled investor. His concern was that his Monthly Income Plan (MIP) had skipped dividends over the last few months. As a result, the investor was in two minds about the prospects of the MIP and wasn't sure if he should stay invested.
Before discussing the case further, first let's understand the investment proposition offered by MIPs. MIPs are hybrid investment avenues that invest a minor portion of their portfolio (around 15 per cent-25 per cent) in equities and the balance in debt and money market instruments. Typically, MIPs are suited for investors with a low-moderate risk appetite. For instance, investors who wish to clock higher returns than those offered by fixed deposits or bonds and are willing to take on commensurately higher risk should consider adding MIPs to their portfolios.
Full Story: Are monthly income plans safe?
Click here for information on elastic straps.
Before discussing the case further, first let's understand the investment proposition offered by MIPs. MIPs are hybrid investment avenues that invest a minor portion of their portfolio (around 15 per cent-25 per cent) in equities and the balance in debt and money market instruments. Typically, MIPs are suited for investors with a low-moderate risk appetite. For instance, investors who wish to clock higher returns than those offered by fixed deposits or bonds and are willing to take on commensurately higher risk should consider adding MIPs to their portfolios.
Full Story: Are monthly income plans safe?
Click here for information on elastic straps.
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