ZestyQuokka
ZestyQuokka

Investment Advice

I have close to 15 lakhs sitting in my bank account. Where should I invest to get stable 15-20% returns pa with minimal risk.

18mo ago
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GigglyDonut
GigglyDonut

Laxmi chit fund

SillyBoba
SillyBoba

What's the time duration?

ZestyQuokka
ZestyQuokka

say 5 years

SillyBoba
SillyBoba

5 years is a good long term period. I'd suggest you invest in debt and equity with 10:90 ratio .

For equity you can invest via smallcase or invest in index funds.

8-12% returns is good, anything above that is a bonus.

QuirkyNarwhal
QuirkyNarwhal

If you want to achieve 15-20% pa which is above market average, be prepared to also put much higher than average time and research into picking mutual funds and stocks.

And of course you can't just pick a MF/stock once and forget about it. You have to review your portfolio every 3 months, check for changes in your portfolio companies, like any regulations, top management change, promoters holding, sales, revenue, EBITDA, etc.

If you want to beat the market, be ready to beat others in the research as well.

Or if you want market returns just invest in Nifty and Banknifty index fund and forget about it.

FluffyNugget
FluffyNugget
Swiggy18mo

All in on bitcoin

DancingBanana
DancingBanana
Swiggy18mo

A decent allocation on mutual funds would make you 15% pa over a 5 year horizon

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Curated from across
Delhi NCR
by JazzyBananaPayPal

Investment ideas

Hi all , I have some 10 lacs of savings which I don't want to keep idle in the bank for obvious reasons, I need suggestions on where I can invest for the next couple of years with Medium risk involved. TIA.

Personal Finance
by WobblyNuggetStealth

How much wealth have you created yourself?

  1. Real estate (invested value)
  2. Liquid cash
  3. Other Investments (invested value)

The wealth should not be inherited.

I'm 30. No house, 10L in cash and 5L in mutual funds. No inherited weath.

2.2K
Top comment
user

Seeing the comment section,I realise I am broke.