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How should a retiree lock gains in the current bull run?

Dhirendra Kumar talks about the right approach to locking equity gains and why it makes sense to invest in debt funds.

How should a retiree lock gains in the current bull run?

I am a 60-year-old professional and currently, I am sitting on a huge capital appreciation in my equity portfolio. I would like to lock this profit. Should I switch to bank fixed deposits or debt mutual funds? If I decide to go to debt mutual funds, is there any risk to my capital? And if at all debt mutual funds are the way to go, then please suggest 2-3 good debt mutual funds where I can invest.
- J.D. Joglekar

This article was originally published on July 08, 2021.


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