Hi Sreekanth,
My relative invested two years ago his retirement funds of Rs.9 lakhs in ICICI PRU DEBT & EQUITY FUND MONTHLY DIVIDEND PLAN. Now the Dividend is very low coupled with reduction in Capital. Should he resort to SWP now, switch the plan or wait for some more time in the same fund with lower dividends?
He is dependent on this income only. Pl advise.
1 Answers
Hi,
If he is highly dependent on this dividend income, advisable to consider moving to lower-risk products.
You may kindly go through below articles :
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