MF Query: Maximizing monthly income with hybrid funds - Senior citizens’ guide for Rs 15-20L investment

The article discusses investment strategies for senior citizens like Rajiv Tandon, who seek low-risk monthly income. Alekh Yadav from Sanctum Wealth recommends hybrid funds, such as balanced advantage funds, and systematic withdrawal plans (SWP). These options provide stability and favorable tax treatment. He also suggests considering equity savings funds and new hybrid funds post-Union Budget 2025 changes.