Business Standard

MIPs offer a good deal now

Investing

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Rakesh P SharmaJanaki Krishnan Mumbai
 Vishwanathan, who retired recently, had invested his entire retirement kitty in a nationalised bank to meet his monthly expenses.

 Had he consulted a certified financial advisor and put at least a part of the retirement money in monthly income plan (MIP) of well-rated mutual funds, he would have been better off than what he

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First Published: Sep 11 2003 | 12:00 AM IST

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