Regular income mutual fund you should invest into (High return with 5 star rating)

You can create a great source of consistent income source of consistent income for yourself by investing in Monthly Income Plans Mutual Funds, often referred to as Regular Savings Funds. These mutual funds are actually debt or hybrid funds with the possibility of paying monthly dividends. Most of these funds are generally traditional, investing only 10-20% of the money in equities and the rest 80-90% in safe debt securities. While these may not provide substantial returns due to limited exposure to equities, they are generally sufficient to provide investors with inflation-beating income.

Here we will give you information about 2 such funds which have given good returns and have 5 star rating.

1. Canara Robeco Conservative Hybrid Fund - Direct Plan

Its annual return for the last 5 years has been 10.97 percent and the annual return of 3 years has been 11.57 percent. The fund is rated 5 stars by Value Research.

2. Kotak Debt Hybrid Fund - Direct Plan

The fund has given 11.75% returns in the last year and has given an average annual return of 11.03% since its inception.