Need suggestion for best mutual fund schemes :
1) For Dad who has primarily invested in FDs till now but now feels he has saved enough to take care of his requirements after retirement. He will get pension after retirement & medical needs will also be taken care of by the dept.
He is willing to invest in mutual funds with a time horizon of 3-5 years.
2) For Mom with a time horizon of 5 years or more.
3) For myself (no dependents) with a time horizon of more than 10 years.
1) For Dad who has primarily invested in FDs till now but now feels he has saved enough to take care of his requirements after retirement. He will get pension after retirement & medical needs will also be taken care of by the dept.
He is willing to invest in mutual funds with a time horizon of 3-5 years.
2) For Mom with a time horizon of 5 years or more.
3) For myself (no dependents) with a time horizon of more than 10 years.