An investment vehicle whereby an investor receives a set monthly payment typically used by that individual as a source of income. These types of plans are helpful for retirees in that they ensure that the investor will receive a regular income without the need to make sporadic or random withdrawals from their retirement savings in order to pay for their living expenses.
Related information about Monthly Income Plan (MIP):
- Monthly Income Plan (MIP) Definition | Investopedia
A type of investment vehicle that provides a specified monthly payment to the investor. This monthly payment is intended to be a stable form of income and is ...
- What is Monthly Income Plan (MIP)? definition and meaning
Definition of Monthly Income Plan (MIP): An investment vehicle whereby an investor receives a set monthly payment typically used by that individual as a source ...
- MIP: Definition from Answers.com
Monthly Income Plan - MIP. Top. Home > Library > Business & Finance > Investment Dictionary. A type of investment vehicle that provides a specified monthly ...
- Religare Monthly Income Plan (MIP) Plus (G) - Moneycontrol.com
3 days ago ... Religare Monthly Income Plan (MIP) Plus (G) - Explore Religare Monthly Income Plan (MIP) Plus (G) for information, and updates on latest NAV ...
- Religare Mutual Fund MIP - Monthly Income Plan
Aug 11, 2010 ... Religare Monthly Income Plan (MIP): This fund tends to generate fixed income by investing in high quality income securities. This fund invests ...
- HSBC Debt Mutual Fund - Debt Fund, Monthly Income Plan, MIP ...
HSBC Monthly Income Plan is an open ended fund that aims to generate regular income through investments in Debt and Money Market Instruments.
- Religare Monthly Income Plan (MIP) Plus (G) NAV: Rs. 12.2459 | IIFL
Get Performance Updates, NAV and details for Religare Monthly Income Plan ( MIP) Plus (G) only on IndiaInfoline.com.
- Budgeting with a Monthly Income Plan (MIP) - Financial Web
A monthly income plan (MIP) provides a set payment from an investment fund to an investor over an extended period of time. This payment is issued monthly, ...