I am 58 years old and I work with a private firm in Bangalore. I have invested in equities and equity mutual funds earlier. But now my wife wants us to save a part of our savings with fixed-income and non-risk funds for our retirement. My wife is a housewife and our daughter is in … Read more
Amid rising cost of living, generating passive income becomes crucial. It allows one to build financial security and maintain their standard of living, especially during retirement or in periods of unforeseen financial difficulties. Passive income streams also enable individuals to achieve financial independence sooner, reducing reliance on active employment and providing opportunities to engage in … Read more
I am 28-year-old earning Rs 60,000 per month. I am planning to start investing in mutual funds to take care of child education, his/her marriage and my retirement. I want to start with a monthly investment of Rs 20,000. I have shortlisted a few schemes as below: Rs 6,000 in PPF for retirement and tax … Read more