Topic: I want to invest UTI Monthly Income Scheme and I want good returns after 3 years

I am willing to invest Rs. 12,000 per month regularly. What do you suggest?

Rachit,

UTI Monthly Income Scheme is a monthly income plan from UTI Asset Management Company. UTI Monthly Income Scheme is a debt oriented hybrid fund with approx 10-15% exposure in equities. The objective of investing in this scheme is regular income.

This fund has delivered approx 3.18% returns in last one year against the category average of 0.23%. But the best performing funds in last 1 year in this category are Reliance MIP (10.99% in last 1 yr) and Birla SunLife MIP – Savings 5 (15.66% in last 1 year).

You can check the performance of other Monthly Income plans in iTrust Mutual Fund Comparator

Since your investment horizon is 3 years, you can consider investing in monthly income plans or income funds that have delivered good returns in the past

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+919036109229

RachitVerma wrote:I am willing to invest Rs. 12,000 per month regularly. What do you suggest?

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