Omkeshwar Singh | Answer |Ask -Follow
Head, Rank MF - Answered on Jul 18, 2022
Due to demise in the family due to covid, EPF accruals and Gratuity etc totalling nearly Rs.30Lakh have been received by me.
Please advise what is the ideal way to invest these receipts for capital safety and reasonable post tax returns over the next 8-10 years, ie by the time I retire? I am in the 30% tax bracket.
Hybrid would be ideal considering your age and the objective.
You may consider a basket of Hybrid funds.
- EDELWEISS BALANCED ADVANTAGE FUND - GROWTH OPTION
- CANARA ROBECO EQUITY HYBRID FUND -GROWTH
- UNION BALANCED ADVANTAGE FUND - GROWTH
- TATA BALANCED ADVANTAGE FUND - GROWTH
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