One of my divorced cousin in the age group of around 37 with one 14 year old daughter, has got around Rs 7 lakhs , the only saving with them . What could be the best possible and safe monthly income plan , where there hard money will be in safe hand but also it could multiply maximum
1 Answers
There can be two options, safer option can be Post Office MIS and a bit risky option can be Monthly Income plan from mutual fund companies where around 20-25% equity equity exposure is involved.
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