R M D BHUINYA rmdbhuinya@rediffmail.com

Which is the best Systematic Withdrawal Plan (SWP) for retired people?

You can look at investing in short-term debt funds or low-duration funds for your SWP requirements falling within the next three years. Also, invest some surplus in equity hybrid funds for SWP with a long-term horizon to get some appreciation. The percentage allocation to these two categories will depend on your risk appetite.

We suggest you get in touch with a certified financial planner, who is also a Sebi registered mutual fund distributor or a registered investment advisor for more detailed analysis and suggestions.

Suhel Chander, Certified Financial Planner, CM Handholding Financials