DWQA User Profile shwetaQuestions(6)Answers(0)Posts(0)CommentsThank you, I think I will choose short term debt mutual fund, which you have mentioned with SWP... Thank you again.. it's been very helpful.On Best debt mutual fundThanks, I have just kept the appointment letters, relieving letter, and other office related papers which have no mention of my bank account details.I just remember the city and the branch of the particular banks, so I am thinking may be I can just send them a mail and see if they can help.As it was salary account, there was no minimum balance to be maintained. So the balance in all accounts is zero. Even if I just want to close the account not reactivate it, still would I have to pay the penality? Will they not automatically close my account after a certain period for non activation.On Answer for Dormant bank account closingThank you for replying. I am fine with the risk in gild funds, without risk- the only option would be saving account or fixed deposit both of the interest rates are too low. So the next option is debt mutual funds.If you have any other suggestions for me, kindly let me know of my options. And which, fund would be right? On Answer for Best debt mutual fundThank you, for patiently clearing my doubts. I have another confusion,If you can kindly clear this, in the profile I have given mirae asset opportunity , would you suggest this or ICICI value discovery better? This is for the period of 10-12 years.On Answer for Financial planning with retirement money for senior citizensThank you for pointing out the tax implications, I was not aware of that. My mom gets a pension of 23k per month and dad 19 k per month. To avoid tax, what do you suggest, how do they transfer the money to equity? How much can be transferred in one year, on each of their names?On Answer for Financial planning with retirement money for senior citizensThank youOn Answer for Registration for a first time, direct mutual fundThank you very much for your reply. I must tell you, you are doing a great service by teaching a layman about this. it has helped a lot to understand.Their pension amount is sufficient with the FD interest. There is an emergency fund also. The 4 vacation cost is 10L,8L,4L,4L presently, I don't know how much it will change in the coming 10 years. So you think putting the money 3L each in these 4 funds is the right choice, given the situation?On Answer for Financial planning with retirement money for senior citizensCrop
