Are lump sum amounts taxable? Answers to your personal finance queries - News Summed Up

Are lump sum amounts taxable? Answers to your personal finance queries


Depending on your risk, these equity funds can be 30%-60% of your total portfolio. Lower the equity exposure if you cannot handle market ups and downs. I will be getting GPF, DCRG and other benefits as a lump sum besides monthly pension. For general investments, start monthly SIPs in equity mutual funds. You can start with 15-20% exposure of your total savings to equity funds and gradually increase it to 50-60% once you get comfortable.


Source: The Hindu June 22, 2020 02:24 UTC



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