Senior Citizens And Debt Funds

If you want the elders in your family to avoid the ongoing chaos in the equity markets because of the global trade scenario, senior citizens fixed deposit is a safe way for them to park their savings

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

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

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