DWQA User Profile Pratik MavaniQuestions(1)Answers(0)Posts(0)CommentsHello Sreekanth, can you also suggest some equity and balanced funds considering lump sum investment is my choice?On Answer for Regarding investing my parents money in Mutual FundsThank you Sreekanth for the inputs. I will have a look at your suggested articles tonight and get back to you for further help!On Answer for Regarding investing my parents money in Mutual FundsYes Sreekanth, we want to park some good amount in MFs so that we yield good returns after 3-5 years. We have the bandwidth to manage regular expenses, so that is not a problem.On Answer for Regarding investing my parents money in Mutual FundsHello,Yes, they do buy yearly health insurance which covers their hospitalization and other medical expenses. Apart from that, there aren't any liabilities like loans or children education/marriage or anything else.I am just worried that nearly all their life's earnings are in banks and FDs which yield only 3.5-4% and 7% respectively. Considering inflation, that is under par growth for your wealth. So I am thinking to divert their investments in some conservative mutual funds offering better returns.On Answer for Regarding investing my parents money in Mutual FundsCrop
