Sentences with phrase «+ debt mutual funds»
You can save this in FDs + RDs + Debt Mutual Funds.
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Dear Mahendra, For Emergency fund — You can consider Cash + RD / FD + Debt mutual fund / Conservative MIP.
Dear Asif, You may look at combination of RD + debt mutual fund.
Not exact matches
For pension plan I have invested in 401K which is like a balanced mutual fund (debt + equity).
So our total annual saving distribution is 6 lakh mutual fund + 3 lakh LIC / PPF / NPS and + 1 lakh in Debt fund.
I'm planning to invest around 20K / Month for: 1) daughter's education: — 14 yrs from now (Large Cap = 1K, Large + Mid = 2K, Mid + Small = 3K) = 6K / month 2) daughter's marriage: — 20 years (Large Cap = 1K, Large + Mid = 2K, Mid + Small = 3K) = 6K / month 3) corpus fund for wealth creation and retirement: 20 + years (Index fund = 1K, Debt long term = 2K, Global Mutual fund = 1K, Mid + Small = 4K) = 8K / moth.
A better alternative to an endowment plan would be to go for a Term plan + VPF / Debt Instrument / Equity mutual fund, based on your risk profile.