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.
Laxmi chit fund
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.
All in on bitcoin
A decent allocation on mutual funds would make you 15% pa over a 5 year horizon
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.
The wealth should not be inherited.
I'm 30. No house, 10L in cash and 5L in mutual funds. No inherited weath.
Seeing the comment section,I realise I am broke.
Looking for suggestions or recommendations for investing an amount of 20k per month. Note: This is not my total income. This is what I have to spare and live a comfortable life. Confused about going with mutual funds or SIPs or NPS or P...
