Dhirendra Kumar sheds light on suitable fund categories for a retiree

This is a very important question. Most people have an impression that once we retire, we must not take any risk. So, we avoid equity. But it all depends on whether you want the investment to support you with regular income. If you are dependent on this investment for regular income, then you may choose an aggressive hybrid fund, as you would need stability. This fund comes with a 65-35 equity and debt allocation. While the in-built debt portion acts as a cushion, the equity portion helps in generating inflation-beating returns.

 
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