As a senior citizen, is it safe to invest in thematic mutual funds, NFOs? Can you elaborate on the risk factors?

As a senior citizen, is it safe to invest in thematic mutual funds, NFOs? Can you elaborate on the risk factors?

I am 72 year old and I stay in Delhi. Should I invest in thematic mutual funds? Like infra funds, defence funds. I see a lot of new fund offers (NFOs) being launched every week? Can you guide me? Name withheld on request. Response by Atul Shinghal, Founder & CEO, Scripbox A 72-year-old investor might be seeking regular … Read more

Fixed Deposits for Senior citizens: Top 5 FD schemes with 9.5% interest rate this month. Key points to note

Fixed Deposits for Senior citizens: Top 5 FD schemes with 9.5% interest rate this month. Key points to note

FD investment: As investors enter their golden years, their investment appetite change as they tend to move towards safer tools from riskier ones. A fixed deposit (FD) is a financial instrument provided by various financial institutions such as banks and Non-Banking Financial Companies (NBFCs). Fixed deposits are known for their competitive interest rates, which are … Read more