What are Income Funds?
Income funds are described as a type of fund designed to provide investors with a consistent income flow. They are favoured by individuals who desire a source of revenue while also aiming to benefit from the growth of their investments. These funds usually allocate their investments across a range of income-generating assets, including bonds, stocks that pay dividends, and other fixed-income securities.
Portfolio Manager: A portfolio manager is a professional who handles investment decisions for an income mutual fund. Their duties involve selecting and overseeing the fund’s collection of assets conducting research analysing market conditions and adjusting the distribution of assets to meet the fund’s investment goals.
Table of Content
- Features of an Income Fund
- How do Income Mutual Funds work?
- Who should Consider Investing in an Income Mutual Fund?
- Benefits of Investing in Income Mutual Funds