Religare Mutual Fund Online

Religare Asset Management Company is one of the best AMC in India. It manages "Religare Mutual Fund" which has launched several mutual fund schemes. It has also launched Monthly Income plans which would be more beneficial to the investors. You can get more details on the scheme from this article.

The two plans that have been launched by Religare are:

    Religare Monthly Income Plan Plus
    Religare Monthly Income Plan

Religare Monthly Income Plan Plus:

    This plan generates monthly returns and it also allocates certain investments in Gold.
    This plan invests and creates assets through Gold Exchange Traded Funds.
    This fund is working to generate consistent fixed revenue through investing in fixed income securities, equity, equity related instruments and gold exchange traded funds.
    As this plan also invests in gold, it provides diversification of investments.
    The minimum investment amount is Rs 5000 for growth option and Rs 25,000 for dividend option.

Religare Monthly Income Plan (MIP):

    This fund tends to generate fixed income by investing in high quality income securities.
    This fund invests in very small amount in equity and equity related instruments. This reduces the risk of losing money, but the returns will not be as high as equity funds.
    This fund will primarily invest 75% to 100% of the funds in debt and money market instruments.
    This fund will invest 0% to 25% of the funds in equity and equity related instruments.
    The minimum investment amount is Rs 5000 for growth option and Rs 25,000 for dividend option.

Next Step: You have to read more about Religare mutual funds to invest your funds