MF Query: Maximizing monthly income with hybrid funds - Senior citizens’ guide for Rs 15-20L investment
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In the pursuit of low-risk monthly income, investors often seek strategies that balance growth potential with stability especially if someone is closer to retirement. Alekh Yadav, Head of Investment Products at Sanctum Wealth, addresses key considerations for such investors, particularly those like Rajiv Tandon, a senior citizen aiming for steady returns. Yadav outlines the advantages of using hybrid funds, such as balanced advantage funds, alongside a Systematic Withdrawal Plan (SWP) to generate consistent income. These funds, with a blend of equity and low-risk instruments, offer favorable tax treatment and provide a safer alternative to sector funds, which can be volatile and require precise timing. Additionally, Yadav explores the potential of equity savings funds for low-risk, inflation-adjusted returns and highlights upcoming opportunities in hybrid funds following changes in the Union Budget of 2025. Query from Ranjiv Tandon: Inves...