NIPPON INDIA FIXED HORIZON FUND - Regular - Dividend

What are Income Mutual funds?

Income mutual funds are a type of mutual fund that invests primarily in income-generating securities, such as bonds, money market instruments, and other fixed-income securities. The objective of these funds is to generate a steady stream of income for investors in the form of interest payments and dividends.

Income mutual funds typically have lower risk and lower returns compared to equity funds, which invest in stocks. These funds are suitable for investors who seek a steady income stream while preserving their capital. They are also popular among retirees and those who have a short-term investment horizon.

Income mutual funds can be classified into different categories based on the type of securities they invest in, such as government bonds, corporate bonds, municipal bonds, high-yield bonds, and money market instruments. Each category has a different level of risk and return, and investors should choose a fund that matches their investment goals and risk tolerance.