Sharma ji’s Retirement Plans
After sending his kids to universities, fifty year old Mr Anil Sharma was busy planning for his post retirement life.
His friend advised him to invest into mutual funds but Anil had not idea about it. Usually people falling under this age group have lower risk taking abilities. He used Fintra’s risk profile calculator to know his risk appetite.
He realised that he falls under low risk category. This means that he should primarily invest into debt funds which are low risk in nature.
To identify the funds to invest, he used Fintra’s fund suggestor tool. The algorithm recommended him to invest majorly in Gilt funds (Funds investing in Government Bonds) and very little amount in Equity funds.
He was pleased to see that he was able to generate more than 12% returns which was far higher than fixed deposit returns.
If you are also planning to invest your PF money or would like to start saving for your retirement, use Fintra’s calculators and let your money work for you.
Download the app now by clicking on Google Play link below. Learn everything about mutual funds on Fintra app.
