AskTheExpert

Equity Funds for Senior Citizens

 

Q) Which liquid and equity balanced funds are better for 65 years old person ?

A) To park money for immediate/very short-term use, Liquid mutual funds are good. For capital growth as well as relative safety of your money invested - Equity balanced mutual fund schemes are recommended. You may consider HDFC Balanced (Growth) in the balanced mutual fund category.

 
You may find this useful:
http://www.investmentyogi.com/planning/financial-planning-for-retirees.aspx

Published Apr 12 2012




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