 "Mutual funds, sebi, investors, MF, equity, sensex, market, funds, shares, stocks, FDI, FPI, investment, growth")
My friend Taresh wanted to invest Rs 1 crore in a secure debenture instrument that would yield an annual return of Rs 6 lakh and return the principal after 30 years. He wanted to create a passive income source that would pay a fixed amount periodically during retirement.
I recommended investing in a mutual fund that invests in similar debentures, as it would offer superior risk management, liquidity, and return. Risk would decrease due to diversification across multiple instruments. Liquidity would be better since the fund house would allow daily redemption at net asset value (NAV). Choosing a fund’s growth
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