u/AggressiveAd5061

Hey, so I’m planning retirement for my father.

He’s 55 right now and wants to retire in max 2 years. After all major expenses (like a big wedding and stuff), he’ll be left with around ₹3.5 crore in assets — mostly land. The problem is it generates zero income, just sitting there.

So we’ve been discussing liquidating everything and moving that money into investments.

My current idea is to diversify across:

- Mutual funds

- Stock market

- Bonds / government schemes

- Fixed deposits

I’m also planning to talk to multiple fund managers before making any final decisions.

One constraint: debt funds are off the table due to religious reasons. It was already kinda hard convincing him to even consider FDs and government schemes.

Rough allocation I’m thinking right now:

- 45–50% in safer options (FDs, government schemes)

- 25–30% in equity mutual funds

- 10–15% in hybrid funds

- ~10% kept liquid (cash/short-term)

My rough target is something like minimum 0.2% to 0.5% monthly returns (open to being corrected here).

I do have a more detailed plan, but before going deeper I wanted to get some outside opinions.

What would you do in this situation? Anything I should rethink or watch out for?