Can I invest in Principal Balanced Fund

I am senior citizen want to invest 10 lacs on Principal Balanced Fund for monthly dividend. Please advise? Whether this fund give monthly dividend or not, give track record of monthly dividend?

Jul 15, 2017 by Ganesh Shukla, Lucknow  |   Mutual Fund

Yes, you can invest in Principal Balanced Fund. We have reviewed this fund recently and found that it is the best performing in the last one year https://www.advisorkhoj.com/articles/Mutual-Funds...

The fund has a monthly dividend payout option and has been paying the dividends since September 2016. The current monthly dividend yield is around 0.60%. Please check here https://www.advisorkhoj.com/mutual-funds...

Hope you find the above helpful for your investment needs.

Thanks for writing to Advisorkhoj.

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