I'm 54, retired a few years back, having a 21 and 10 year old children. My wealth, apart from my apartment, is 3C lying evenly distributed in Bank FD, NCDs and land. I want my wealth to grow 12% p.a., my expenses included. Kindly advice.
Ans: Hi you need to diversify into index and aggressive hybrid funds and in at least one flexi cap fund and have swp started for monthly outgoings as well as wealth to grow by approx 12% pa over a period of 5 to 7 years of investment horizon