Please suggest me the best balanced funds to get monthly income?
Please check this mutual fund research tool on our website to know the balanced funds which are paying monthly dividends consistently -
https://www.advisorkhoj.com/mutual-funds... - Please check this link and click the dividend history tab to see the dividends declared so far by these funds.
As you can see ICICI Prudential Balanced Fund, DSP BlackRock Balanced Funds, Reliance Regular Savings Fund Balanced option, L&T Prudence Fund and HDFC Prudence Fund are some of the top performing balanced funds which pays monthly dividends as well.
However, you should note that dividends declared by any mutual fund scheme including these balanced funds, are not assured - neither the quantum of the dividend nor the frequency or the dates.
Hope the above was helpful. Thanks for writing to Advisorkhoj.
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