Business Standard

Senior Citizens And Debt Funds

How should a 60-yr old invest Rs 30 lakh? Ideal options for senior citizens

For senior citizens in India, a combination of SCSS, PMVVY, POMIS, FDs, and carefully selected mutual funds can form a robust investment strategy.

How should a 60-yr old invest Rs 30 lakh? Ideal options for senior citizens
Updated On : 05 Mar 2024 | 2:37 PM IST

Now, senior citizens can enjoy high and guaranteed returns for long term

Since there are penalties for premature withdrawal, take liquidity needs into account

Now, senior citizens can enjoy high and guaranteed returns for long term
Updated On : 20 Nov 2023 | 11:22 PM IST

Seniors seeking regular income should switch to debt funds from balanced

Younger investors who invested in balanced funds after understanding their risks and with a long-term horizon should continue to their SIPs in them

Seniors seeking regular income should switch to debt funds from balanced
Updated On : 12 Feb 2018 | 9:54 PM IST