Where to invest Rs. 2 lacs right now?
Hi folks, Personally, I thought I should invest in the index fund. Because, I don't want to take the risk with this amount. But I would still like to know 2 things - 1. Is the index fund fine? 2. Is it the right time to invest in lumpsum Or should I do an SIP of 20k? Any help would be appreciated. Thanks in advance :)
We don’t know your risk profile, but your statement gave me a hint of conservative.
For a conservative investor in the current market situation, I will do 2 step investing.
1. Put 1.6/1.8L in arbitrage/liquid fund
2. Start monthly index investing with 20k
If I see 2.5% correction in index, I will move 60k in index from arbitrage/liquid. If index sees more than that, I will transfer rest of the amount to index.
The above method will preserve my capital & gains both.
But why do so much magajh mari? Let it stay in bank account and do SIP?
You can keep everything in bank account for 3% returns and slab taxation.
Arbitrage/liquid will give you 6-7% and for arbitrage taxation is equity linked.
Overall, to make money, some magaj maari is required 🙂
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Pvykey
Stealth
5 months ago
GOLD GOLD GOLD
Pvykey
Stealth
5 months ago
My feeling is it will reach much more high. And unlike stock market it won't drastically fall
Invest the entire thing in a Debt Mutual Fund and have a Systematic Transfer Plan (STP) into an Equity Mutual Fund. Your risk exposure is lower this way and your money is out of your hands so you don't end up spending it
Correct.
I had invested 2.5lacs in mirae asset debt fund and then stp of 15k in tax sever and bluechip have me too good returns. Stp has one advantage that your fund is getting some appreciation in debt investment
FruitfulHit
Stealth
5 months ago
Had posted the same question 3 months back when I had 10L to invest, the same people answered that the market has topped out and it’s not wise to go for it. The only thing I’ve realised is there’s no right time, if your investment horizon is over 5 years, just make it a habit to keep investing every month.
Indian equity market is far from topping out. We have immense growth potential for next 10-15 yrs in the minimum. The sooner you start investing, the sooner you will get to enjoy the fruits
Bhai, thoda basic details de do. Jaise ki kya karna hai tumko iss paise (matlab badhana karna hai, safety net banani hai, koi samne aane wale expense ke liye rakhna hai taaki thoda bohot badh bhi jaye aur safe bhi rahe etc)?
Also, kitne din tak rakh sakte ho isko bina touch kiye?
Yeh dono bol do, baki I can tell you how to go about it.
Bro, papa ne FD banaya tha and ab mature ho gaya so. He told me ki equity mein daal dete hai.
Mera koi plan nahi hai isko use krne ka, that's for sure. Liquid funds hai humare paas, usse kaam ho jaayega.
I am thoda skeptical about puting it lumpsum abhi. So, thought ki SIP kardu yaa lumpsum bhi chalega.
Okay bro. See mai apna funda bolta hu tab mai kya karta.
1. Direct stocks/equities - No
2. Mutual fund - yes (but depending on further analysis, as MFs are always for some goals,, not just ambiguous statements like "i wanna grow my money")
3. FD - yes (as the sum is not a very small one, so less risk avenues can make sense for 1 time payout. FD now, will offer inflation beating interest as well as protect the capital)
4. SGB - big yes! (Majorly baser on past trend of SGBs giving massive returns while again protecting capital)
5. Govt investments - Big no
Now, SIPs or one time?
- If i do SIP, that SIP will continue only till 2 lakhs. So it's not a long term as such even if you make a SIP of 10k, it comes to be of 20 months. Not making much sense to me. More so because currently market is at its all time high, so there are chances that market will correct and if you buy now, you will see some losses in shorter time.
- Lumpsum also doesn't make sense at this all time high scenario.
- So my first preference will be FD and SGB. Second will be MF but I would prefer to wait for some time to see if the market falls down by a few hundreds. Then I would enter.
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Stricker141
Stealth
5 months ago
If you wanna play safe for long term investment in PPF and NPS
For short term SGB bonds will be my choice.
For 15-20year go for equity MF or flexicap mutual fund in SIP not all in one go.
Stricker141
Stealth
5 months ago
True my analysis says 90000 mark within next 3year, physical silver will also go high in a decade. Copper can be next silver in coming decades.
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DaringTrain
Stealth
5 months ago
Since no one said it. I'll say: Put it in crypto. Bitcoin halving due in 12 days. Expect the market to rally by 15-20%. Then you can put in equity or debt and earn 8-12% every year.
Baba_White_Sheep
Stealth
5 months ago
Bhai buy physical gold.
Stricker141
Stealth
5 months ago
SGB will be more profitable than physical
Do an SIP brother. Market is at all time high rn.
Set an SIP of whatever amount you want each week.
Keeping the present market dynamics in mind: Buy SGBs. Else, buy gold coins.
Should it be bought from trusted jeweller or bank or any other way?Which is the best option?
SGBs - use iMobile (icici bank). However, they only issue twice a year.
Gold coins ‐ buy from a reputed store. Only downside is - they take 7% making charges + 3% gst.
I have these open ended funds, very high risk. Google before investing -
1. HDFC Focused 30 - direct growth - volatile fun but consistent returns. Check expense ratio, alpha, beta etc on google.
2. ICICI prudential multi asset fund direct growth -hybrid and has consistent returns as per google
3. Tata large & mid cap direct growth - equity with average returns
4. Baroda BNP Paribas value fund direct growth- all equity very high risk, low expense ratio
5. SBI magnum mid cap direct growth - another equity one with average return
6. Axis growth opportunities fund direct growth - excellent fund in terms of return consistency
Megamind007
Stealth
5 months ago
Buy a share of bank where your money at😺💰👻 this is not advice but said by Ritesh Agrawal. I heard he kept mentioning it in all interviews. Idk.
My simple advice to you is don't take advice on something you don't know of especially from a stranger more so about money. Let me break it down to you.
People go to strangers if they know what 1, 2, and 3 are but they are confused as to which one to consider.
In your case you don't know what 1, 2 and 3 are. You have no idea about it then don't take advice on such matters. First research about the 1, 2 and 3. Then come here and ask 'which one' to consider not 'what' to consider.
Nippon Gold Bees for lumpsum. It's a great time to buy gold. And start an SIP in equities.
https://m.economictimes.com/mf/analysis/lock-in-to-long-duration-debt-funds-to-profit-from-rate-cuts/articleshow/106944805.cms
This article requires access. But its relevant for your requirement. If someone can share the copy, it will be great
If you don't want to take risk, avoid equity. Depends on when you need this.
Or else simply SIP it in 1 year of around 17K per month in an index fund.
Damaru
Stealth
5 months ago
Blusmart bonds on tapinvest
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