sir, I stay in Northe-east part of India and we are exempted from paying any income tax.I have invested in equities, fixed deposits, and mutual funds schemes like diversified equities.The ratio would be 60 equities, 30 fixed deposit.Now I have cash about 10%.I want regular monthly income.Please suggest.I am 55 years old.
1 Answers
You can invest into Post Office Monthly Income scheme or a debt mutual fund with monthly dividend for regular income.
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