How to invest 2 lacs in one shot for next 5 yrs , so that returns are non-taxable ?

POSTED BY Dinesh Bhat ON August 5, 2014 6:41 pm COMMENTS (4)

Hi,

I have some amount which I want to invest in single shot. What is the best savings scheme to invest?

Description

1. Amount planning to be invested 2,00,000 (One time premium).

2. Returns should be non-taxable

3. I am fine with 5 years of lock-in period.

Please do let me know if you have a better suggestion for me.

Thanks,

Dinesh

4 replies on this article “How to invest 2 lacs in one shot for next 5 yrs , so that returns are non-taxable ?”

  1. Dinesh Bhat says:

    Thanks Karthik and Hemanth for your kind suggestions.
    My goal is to reach / get a return of more than 10% (annual). So, expecting 3,25,000 at the end of 5 years.
    This is the minimum returns that I am expecting. Let me know if you folks are having better suggestions for me.
    How about MIS from India Post?

    Thanks,
    Dinesh

  2. Hemanth Chandra says:

    Now, as the markets are bullish…. not at a good idea to invest lumpsum now into equities….

  3. Karthik says:

    In such case, I will invest,
    150,000 in ICICI Equity Arbitrage fund
    50,000 in ICICI Balanced Advantage fund

  4. Hemanth Chandra says:

    Do you have any goals for this investment ?

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today