I have 15 lakh. Where do i invest for good returns and multiplying my money
I need reliable investment options with less risk
AliveYouth71
Stealth
a year ago
Give it to me -I'll double in 25 days
anon
Stealth
a year ago
Have heard Laxmi Chit Fund is pretty good, not sure if they are still around
AnonymousBlr
Stealth
a year ago
I don't want to invest in share market or mutual funds. I want to invest in other options. Don't want to hold myself into market trap. Other reliable investment options
Okay then you should go for debt funds. They are not risky and right now they are able to give 8% return if you can find best funds as interest rate peak has came.
Your return can go upto 12-13% in debt funds if you hold for 2-3 years
Open account into 3-4 small finance Banks, who are offering good FD interest of 8.5+%. Distribute your 15 lakh among those 3-4, making sure to keep it at max 4.5 lakhs in one. Upto 5 lakhs is RBI ensured, so you can go for any small Banking, or NBFCs. I tried it too, but those small Banks just don’t let me open bank account easily (they took detail online and will call back, God knows when).
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steppenwolf
Stealth
a year ago
I have been trading in the market for the past 3 years now if you want to learn and then do it then just let me know i can suggest some resources. But again you will have to do the hard work and trust me it will pay off big time and i am not talking about actively trading you can do it passively and still can compound your money at a rate you would never imagine. But again it's a lot of hard work.
steppenwolf
Stealth
a year ago
I just read 1 of your comments that you dont want to invest in the stock market but if you are open to the idea i mean just look into it i am not suggesting you to invest just look into what i am going to suggest with an open mind :)
satoshi_nakamoto
Stealth
a year ago
I am curious about this. Please enlighten a bit more on how / what to do for compounded gains in trading
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cooldev
Stealth
a year ago
Go for fds with banks. U can get around 8% easily. If you can take some risk, go for fds with nbfcs like Shriram Transport etc
Start buying IT bees or PSU bank bees for long term investment it's more safe than stocks and the returns you'll get over 5 to 10 years time frame would be unimaginable
randomadvert
Stealth
a year ago
you literally sound like Erlich bachman, Turn your profits into losses, and enjoy vacay in Hawaii.
Bharatpe's 12% Club.
I have kept 10lakh in this from past 1 year. Getting daily interest of 328
Risky choice, I know so many people whose account has been frozen without a proper reason. Their customer support sucks as well
natkhatninja
Stealth
a year ago
Invest in PPF 1.5L Tax free 7.1% return
Invest in Post office Savings 2L
Invest 5L in Liquid Fund - and do STP of 25K every month which you can invest in NIFTYBEES staggered 3-4 times
Buy gold bonds worth 5L
Rest of it - invest in a good foreign trip. Experiences are worth investing, they help your mind expand and find better ways of dealing with life.
Depends on your time horizon & your risk profile.
Of you are someone who want to invest for less than 5 years then go for hybrid Mutual funds
And if you are someone who are investing for more than 5 years, then go for hybrid but start STP in equity funds and asset allocation is also important.
You need to take care of small cap, mid cap, large cap, debt funds allocation very carefully else you will get return but your LOSS OF PROFIT will be very high.
Recommend you to invest through advisor or distributor.
Depends on your short term n long term goals and risk appetite.
If you don't want to invest in equity , you can look at FDs for short term.
