POSTED BY August 5, 2014 6:41 pm COMMENTS (4)
ONHi,
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
2021 © Jagoinvestor.com All Right Reserved
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
Now, as the markets are bullish…. not at a good idea to invest lumpsum now into equities….
In such case, I will invest,
150,000 in ICICI Equity Arbitrage fund
50,000 in ICICI Balanced Advantage fund
Do you have any goals for this investment ?