I have changed my status to NRI
As per new law I will have to close my PPF Ac.
what is best option for me to invest that amount.?
I am a senior citizen and would like to have regular income which I may repatriate.
Thanks
2 Answers
Dear Sir,
Debt oriented funds can be be a better alternative . SWP (Systematic withdrawal plan) can be set up to get regular and periodic income.
You may go through below article below articles, can be useful to you ;
https://www.relakhs.com/lump-sum-investment-options-retirees/
https://www.relakhs.com/fatca-compliance-requirements-impact-mutual-fund-investments/
https://www.relakhs.com/investments-options-indian-expats-uae/
Please login or Register to submit your answer