Once a person is travelling in a train in every station he is alighting and boarding he is heavily suffocating and troubling to breath .One person asks where are you going in each station. He replies that doctor had told him that he may die at any moment hence I am going to purchase a ticket for next station. This is the situation with our senior citizens. God has to come and must educate them. Are some politician with good political will should enter the picture

What a nice article that looks at past returns during a multi year bull run to extrapolate future returns. Nice job, keep it up.

A Very Good Investment IDEA and Strategy to earn Tax Efficient Returns not only to Senior Citizens but all the investors in general.. Keep it going.. Yeh Dil Maange More such IDEAS.. ALL THE BEST..

very nice and most informative article. pl. best fund house for the purpose.

Hi Praveen, please wait for a sequel to this article. Hopefully, things may become clearer. Also, it is a strategy which can be tweaked & fitted to suit your client requirements

Mr Bond What if markets correct soon after investing ? Would it not be wise to put 10-20% in liquid and do a swp from it rather than do a swp directly from a balanced fund. Every year rebalancing can be done? Your thoughts please.

TRUE

Mr Desai, please send your mail Id I will mail you PFF. Mr Navada, difference in valuations in Dynamic vs BAF & ARF is due to the fact that Dynamic inception was 2002 & other two since 2010. Hence, longer the duration, better the benefit

Excellent. How can I get a printout of this article. I hope at least the AMCs whose names are mentioned in the scheme should take note of it. Regulators should also understand the need to present the schemes in this manner and should not create illusionary hurdles about misrepresentation of the facts to the investors.

Mr Jhaveri , Thank You very much for above illustrations. This is a golden opportunity. Although I did know SWP I had not done the calculations done by you.

Equity is a new source through mutual funds for getting tax benefits , avoid erosion of corpus due to inflation since we expect growth based on past results , and enjoy withdrawals the only source of income as we do not get pension . I have been a MF advisor and this has been a challenge for convincing of customers who are not ready to for the new source as all of us correlate growth of funds with any news or fluctuation in market or news about industry / countries financial problems, what BIRLA AMC is doing is very useful in passing the progress and good news of economy which we have to correlate with the right MF schemes and promote this idea as mentioned in the article . I want to establish this method of knowingthe right MF schemes and passing the info to customers - senior citizens .

Senior citizens do very self destructive decisions either influenced by friends or wife or co workers. 1.they commute their pension 2.they invest their precious retirement corpus in reconstruction / construction of their house which they really dont need. 3.they dont realise the difference between investment and savings they procrastinate investment decision as it derived from mars

Good enough for fair practice and for good advice too.

It is an eye opener for every sr citizen. This concept is to b promoted so that mutual fund industry is benefitted.

In case of ICICI BAF and Edlweiss ARF the advantage over FD is marginal.Why is it so.

The strategy is very useful. In a sense, it is like investing in the NPS, but with a higher than 50% equity allocation and full liquidity. Even if there is no 80C benefit, the investment strategy is worth it.

Bang on the target Mr Bond.. Very practical and informative...

Absolutely Bang on. Having equity during the retirement through the product like ICICI BAF is really a good idea.