Best Hybrid Mutual Fund to Invet for 2014 - Reliance MIP

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Debt-oriented conservative funds as those with less than 25 per cent equity exposure in the past one year. Popularly known as monthly income plans (MIP), these funds do not guarantee a monthly income, yet are liked by investors. These funds suit investors seeking income from investments and low-risk investment that can beat inflation. In a fund category where 75 per cent investments are in debt, the equity allocation offers flexibility to attempt capital appreciation. Reliance MIP is one of the finest funds in this category.

 

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