Investing 3lacs, please suggest me which one is better..

POSTED BY kalyan ON August 29, 2011 9:23 pm COMMENTS (4)

Hi,

I have this 3 lacs with me. I want to invest it in a safe place (i mean some risk with the income i earn is ok). Which one is better, Liquid funds or MIP(Monthly income plan) or Fixed deposit.

Liquidity: For next one year i will not need the money but after that, i may need this at some point of time which i am not sure right now.

Tax: Forget about the tax bracket, i will not come under tax becuase of this income.

Risk: I am ready to take some risk with the income that comes from this 3lacs.

 

Question: Which one among the above (or similar one that you want to suggest me)would give me better returns…??

 

By the way, most of the times i am a silent reader and i appreciate you guys who are really helping us to understand financial things better.

Thank you all.

 

 

4 replies on this article “Investing 3lacs, please suggest me which one is better..”

  1. kalyan says:

    Thanks manish, ramesh and ashal for the pointers.

    ashal, what you said sounds like a plan to me….thank you.

  2. ashal jauhari says:

    Dear Kalyan, for your requirement, I feel 1.5L Rs. in odd maturity bank FD (444 days or 555 days) & remaining 1.5L Rs. in HDFC MIP LT Plan should be invested.

    Thanks

    Ashal

  3. Ramesh says:

    MIP do not give protection of capital.

    Use FD or liquid or short-term debt funds.

  4. Kalyan

    As you want a little risk on this money , and given the current market uncertainity + You requirement of it being liquid , I can think of pure debt funds or MIP’s (growth option)

    Manish

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Your email address will not be published.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.

Join 1,60,000 email subscribers

FREE Video Lessons directly in your email daily

144 page PDF ebook with best articles from Jagoinvestor

Get future articles directly on your mailbox + updates


6 PART VIDEO COURSE

FREE 

 

 

You are subscribed for FREE Course now, Check your Email

CONGRATULATIONS

Join 1,60,000 email subscribers

FREE Video Lessons directly in your email daily

144 page PDF ebook with best articles from Jagoinvestor

Get future articles directly on your mailbox + updates


6 PART VIDEO COURSE

FREE 

 

 

You are subscribed for FREE Course now, Check your Email

CONGRATULATIONS