Yes, there are a number of mutual fund schemes which give you fixed monthly income. Further, you can also get monthly income by making a single investment in an open ended scheme and redeeming fix value of units at regular intervals.
No stock market related investments can be termed safe with certainty as they are inherently risky. However, different funds have different risk profile which is stated in its objective. Funds which categorize themselves as low risk, invest generally in debt which is less risky than equity. Anyway, as mutual funds have access to services of expert fund managers, they are always safer than direct investment in the stock markets.
Prevent Unauthorised transactions in your account : Update your mobile numbers/Email
IDs with your stock brokers. Receive information of your transactions directly from
Exchange on your mobile/email at the end of the day
KYC is one time exercise while dealing in securities markets - once KYC is done
through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need
not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank
account number and sign in the application form to authorise your bank to make payment
in case of allotment. No worries for refund as the money remains in investor's account.
SKSE Sec Ltd, Saket Plaza, 11-Panchnath Plot,
Dr Rajendra Prasad Road, RAJKOT - 360 001
DP : IN-DP-CDSL-156-2015
Mandatory details for filing complaints on SCORES:
Name, PAN, Address, Mobile Number, Email ID
Speedy redressal of the grievances
You may refer the SCORES website (link: https://scores.gov.in/scores/Welcome.html) and the FAQs available thereon for the same.