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invest options for senior citizen

Dear Forum members,

I am seeking your advice for investing approx. 5 Lakhs of my father’s (aged 70) amount.

I would like to split this into say 2 Lakhs as Liquid and 3 Lakhs for slightly longer term (2) yrs.

He falls in the Zero – 10% (max) tax slab category.

Look forward to your advice.

Thanks,

Srinivasan

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