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 ?

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