Fixed Maturity Plan | FMP is a close ended fund where the investor is only allowed to invest during New Fund Offer (NFO) and can redeem after maturity. Read all about FMPs and FMP vs FD.
Retirement means a time of life when one chooses to leave work permanently. No work means no salary. So, you need regular income to take care of expenses. If you plan your investment properly then you can have regular income in hand.
Mutual fund is a pool of money managed by a trust that collects money from a number of investors sharing similar investment objectives and invests the same in equities, bonds, money market instruments, and/or other securities.
