Investment Advice Needed

some dividend yielding stock  with decent valuation and very less future risk   as she may not be able to be actively watch stock market

Low risk : Post Office MIS, SWP, debt funds, bandhan bank basic FD at present rates gives 14583rs monthly with 25LFD. (I don't suggest making single fd of 25L in a small bank as dicgc coverage is only upto 5L,u can make multiple fds for full coverage. 

FD is safest option , please stick with it ... some banks offer 7% for FD , you can divide 5Lacs per bank to be utter safe . 

All other options are not safe . . . Some LIC polices have good returns , look into those .  

Vu for visibility 

invest whole 25lakh in rbi savings bond maturity will be 7 yrs nd its completely safe. Interest will be more than 7% so its better than any fd she will get interest payment every 6 months. 

Bob_The_Builder wrote:

invest whole 25lakh in rbi savings bond maturity will be 7 yrs nd its completely safe. Interest will be more than 7% so its better than any fd she will get interest payment every 6 months. 

I think you are talking about RBI Floating rate bonds? Only drawback is money is locked for 7 years. It allows premature redemption only for senior citizens and since the person is 50 years if she needs some money for emergency purpose, it won't be possible to get.  These bonds are also not eligible as collateral for loans from banks.

As others suggested go for multiple 5L FD (5 FDs of 1L each so easier to break if need arises in future) across different small finance banks like Equitas, AU, Jana etc  

There's probably LIC's scheme like pension monthly income. Don't know what's the return

dcb_lover wrote:

I think you are talking about RBI Floating rate bonds? Only drawback is money is locked for 7 years. It allows premature redemption only for senior citizens and since the person is 50 years if she needs some money for emergency purpose, it won't be possible to get.  These bonds are also not eligible as collateral for loans from banks.

As others suggested go for multiple 5L FD (5 FDs of 1L each so easier to break if need arises in future) across different small finance banks like Equitas, AU, Jana etc  

not everyone can manage multiple accounts specially old folks and fd doesn't give much returns nowadays anyways not my problem what they do with their money 👍🙏

PMVVY or SCSS

raj__raj wrote:

PMVVY or SCSS

Only applicable for people with 60+ years

split the money into 5 lakh chunks into FD of different high interest paying banks/govt bodies; safety over making more money

Post office monthly scheme option can be explored, returns close to fd.

A part from emergency fund. Can opt for Post office MIS scheme. It has a limit: For an individual it is 4.5L and joint 9L. Reminder in bonds/fd's. A bit in Mutual funds. Keep in mind all these have lock in period so plan accordingly.

SBI offering 6.1% interest rate on FD for 1000 days (utsav deposit) For old age people this scheme is quite good and put this FD on monthly interest basic instead of yearly or quarterly

Honesty, when you are not sure it's safe for to stay with FD. You would get same return like debt fund...so avoid debt fund...you can see the data. There are some FD like on IND Money app which gives you 7 %. You can go with it Looking at her profile, take your decision based on safety not return.

saymyname78 wrote:

FD is safest option , please stick with it ... some banks offer 7% for FD , you can divide 5Lacs per bank to be utter safe . 

All other options are not safe . . . Some LIC polices have good returns , look into those .  

Yes but are for attraction purpose only...

Which bank r u using to get 7%?