Have a Greater Ex­po­sure to Eq­uity When Young

The Economic Times - - Money -

I am re­tir­ing from in Novem­ber 2017 and the re­tire­ment cor­pus would amount to ₹ 35 lakh. Since my spouse is work­ing, I do not need to with­draw any re­turn from this cor­pus for next seven years. Ac­cord­ingly, I have de­cided to in­vest it in an ag­ge­sive port­fo­lio of eq­uity mu­tual fund through sys­tem­atic trans­fer plans (STPs) from in­di­vid­ual debt funds for next 7 years and ex­pect­ing an an­nu­alised re­turn of 12% or more. Please give your rec­om­men­da­tion on this strat­egy and also short-term debt funds through which the STPs may be made. —SHANKAR GHOSH

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