Best way to invest 1 Lakh in Lumpsum

POSTED BY Zaib ON February 21, 2013 2:13 pm COMMENTS (3)

Hi guys,

I have a Citibank account and recently they have announce that they will be raising the minimum Net Relationship Value (NRV) to 1 lakh.

So here’s my very simple question. Which is the best fund to invest 1 lakh in lumpsum for a long time period. I can also break up the investment into different funds if need be.

Kindly advise. Thanks in advance.

Regards,
Zaib.

3 replies on this article “Best way to invest 1 Lakh in Lumpsum”

  1. Ashal Jauhari says:
    February 22, 2013 at 6:08 am

    Dear Ahmad, do you really need that CITI Bank account? First answer this question.

    Thanks

    Ashal

    Reply
  2. Genoa says:
    February 21, 2013 at 3:30 pm

    I’d say invest in 15 year PPF account, if you’re looking for long term option.

    Reply
  3. Free Financial Calculators says:
    February 21, 2013 at 2:56 pm

    First align it with a long term goal like retirement. Then you can invest it in equity mutual funds over a period of say 3-6 months.. This is assuming you wont need the money for a long time and can tolerate risk.

    Reply

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