Dhirendra Kumar tells where you should invest the maturity proceeds of an FD at the age of 63
My wife would be turning 63 this December. She has a fixed deposit of Rs 5 lakh maturing at the same time. In which of the following options should I invest for higher returns? I want to use this money for daily expenses.
1) UTI MIP Advantage (Growth) and subsequently opt for an SWP after three years
2) NPS
3) Senior Citizen Saving Scheme
- Rakesh
This article was originally published on April 25, 2018.
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