Systematic withdrawal plan allows unitholders to withdraw money at regular intervals. A Moneycontrol analysis of MC30 debt and equity funds show that 6-8% can be ideally withdrawn every month without depleting the corpus, if you stay invested for 10 years
This NCD offers a higher interest rate than others that hit the market in recent times. But the 'Call option' means the NCDs can meet a premature end.
Here are five factors that you should watch out for while building retirement portfolio using mutual funds.
Going overboard with one asset class can pull down your returns. You will face worse situation if you let emotions decide on your behalf.
These four mistakes must be avoided when you plan for your retirement.
Contrary to popular belief that MIP offers regular income, these mutual fund offerings may not help you to get regular income. Also exposure to equity and debt bring in different risks.
Capital protection is important in old age and so it is good to look at low risk investment products. Here is a comparison of four such products - Nationalized Bank FDs, Varishtha Pension Bima Yojana, Postal MIS and Jeevan Akshay VI Pension Plan.