Suggest funds in which I get good quarterly returns. I am 72 years old?
There are few ways of getting quarterly returns from mutual funds.
1. You can invest a lump sum amount in any category of funds, like hybrid debt funds, balanced funds, large cap funds or any other equity funds and then start withdrawing a fixed amount quarterly. This method is called SWP (Systematic Withdrawal Plan)
2. You can also invest in good performing balanced funds or hybrid debt funds which has a history of paying consistent quarterly dividends.
Since you have not mentioned your risk profile and also that you are aged 72, we are unable to suggest which category of funds or method will suit you in meeting your quarterly cash flow needs.
Do write back to us with your risk profile and investment horizon in order to reply your query well.
Thanks for writing to Advisorkhoj.
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