Sudeep, a retiree, invested close to Rs 20 lakh in the shuttered schemes of Franklin. Though a small portion of the investment is still pending, he has received most of it. Driven by a safety-first mindset, Sudeep now wants to re-invest the funds for a regular income and wants to know about various available alternatives. Here is how he should go about investing in fixed-income instruments.
This article was originally published on November 10, 2021, and last updated on September 28, 2022.