Investors can choose them based on their investing horizon, needs and risk-taking ability.

In the National Pension System (NPS), you can choose a Pension Fund Manager (PFM) from multiple options, each with its own approach to managing pension funds.

While Unit Linked Insurance Plans (ULIPs) are popular, senior citizens can explore alternative options that offer more convenient features

The availability of choices in the mutual fund universe make them highly attractive for senior citizens. But it is also important for the elderly to be aware of the risk involved in mutual fund investments