Which Debt fund has the provision to pay regular income to the investors looking for income after retirement?2 pointsa) Monthly Income Planb) Fixed Maturity Planc) Diversified Debt Fundd) High Yield Debt Fund
Question
Which Debt fund has the provision to pay regular income to the investors looking for income after retirement?2 pointsa) Monthly Income Planb) Fixed Maturity Planc) Diversified Debt Fundd) High Yield Debt Fund
Solution
The Debt fund that has the provision to pay regular income to the investors looking for income after retirement is a) Monthly Income Plan. This type of fund is designed to provide regular income to the investors through a mix of debt and equity investments. The debt portion provides stability and regular income, while the equity portion can potentially provide growth. It's a popular choice among retirees who need a steady income stream.
Similar Questions
Which Debt fund has the provision to pay regular income to the investors looking for income after retirement?
Which of the following funds invests solely in Short term debt instruments only?2 pointsa) Money Market Fund/Liquid Fundb) Closed-end Fundc) G-Sec Fundsd) Bond Funde) Open-end Fund
Which fund type invests in short- and long-term debt instruments?(1.0 Marks)Hybrid FundsAEquity FundsBOpen Ended FundsCDebt FundsDPrevious
Which among the following mutual fund schemes would invest in both equity and fixed income securities?(1.0 Marks)Gold Exchange Traded FundAGovernment Securities FundBBalanced FundCLiquid Fund
Which among the following mutual fund schemes would predominantly invest in equity shares?(1.0 Marks)Growth FundAIncome FundBLiquid FundCMoney Market Fund
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.