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Funds in Retirement

Have funds that are balanced and have some debt component for stability

I am retired and have Rs 15,000-Rs 20,000 a month to invest. Please let know what are the best funds that I can invest in?
Devesh Gandhi

Your interest in investing even in retirement is encouraging. Assuming you have income in retirement that takes care of your expenses and leaves this amount as surplus; we would suggest you go in for a balanced fund. These are steady and can absorb the shock of stock market volatility, yet offer you returns that are better than what a fixed return instrument would. You should consider investing HDFC Prudence or DSP BlackRock Balanced fund



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