Where to invest my gratuity amount to get monthly dividends

I need your guidance from your end on the funds which give regular monthly high dividends with proven record. I have got Gratuity amount last month when I resigned the job. I have 15 lakhs for investment. I need to invest this amount in 3-4 mutual funds which will pay me regular monthly dividend for my monthly expenses. Kindly guide me where should I invest this amount?

Apr 11, 2017 by CSN Rao, | Mutual Fund

Since you are retired and seek to have monthly dividends from your investments, following good performing balanced funds with proven monthly dividend paying track record can be suitable for you.

DSP BlackRock Balanced Fund https://www.advisorkhoj.com/mutual-funds...

Canara Robeco Balance Fund https://www.advisorkhoj.com/mutual-funds...

ICICI Prudential Balanced Fund https://www.advisorkhoj.com/mutual-funds...

TATA Balanced Fund https://www.advisorkhoj.com/mutual-funds...

ICICI Prudential Balanced Advantage Fund https://www.advisorkhoj.com/mutual-funds...

L&T India Prudence Fund https://www.advisorkhoj.com/mutual-funds...

HDFC Prudence Fund https://www.advisorkhoj.com/mutual-funds...

Hope the above helps! Thanks for writing to Advisorkhoj.

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