January 24, 2011 10:15 am
what is the good investment plan if income more than 5 lac per year?
I don’t have exact information but Investment Yogi Professionals will help you in this regard very clearly…..
Do this. See your salary slip. Calculate how much is invested in PF. If monthly PF is 3k then 12*3=36k is invested.
From 1 lakh, subtract this amount. If you have any life insurance policy then again subtract that amount.
Invest remaining amount in tax savings mutual fund such as fidelity tax advantage fund.
there is nothing like that which becomes good or bad depending on the income .. tell your specific requirement .. Your income level will only help in deciding the quantum of investment , nothing else ! .
Dont you agree ?
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