I want to invest lumsum amount in Mutual Funds Rs. 500000 from next monthly returns in small amounts Rs. 8000 per month it can be possible?
Your query is not very clear. We are assuming that you want to clarify, if a monthly income of Rs 8,000 from a lump sum investment of Rs 500,000 is possible. A monthly income of Rs 8,000 from an investment of Rs 500,000 implies a dividend yield of 19%. We think, such a high dividend yield is not possible. Some balanced funds are paying regular monthly dividends for the past few years, e.g. ICICI Prudential Balanced Advantage Fund, L&T Prudence Fund etc. You can expect a dividend yield of 7 - 8% per annum over the next couple of years based on historical pay-out track record.
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