Omkeshwar Singh | Answer |Ask -Follow
Head, Rank MF - Answered on Aug 09, 2022
Due to a demise in the family due to Covid, EPF accruals and Gratuity etc totalling nearly Rs 30 lakh 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, that is, by the time I retire.
I am in the 30% tax bracket.
A combination of debt funds and hybrid funds would take care of the requirements.
Debt: Corporate Bond Fund and Banking and PSU fund
Hybrid: Couple of Balanced advantage funds
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