Currently I have Rs. 75,000 amount to invest in lumpsum. I want to invest in lumpsum for a period of 10 years and generate atleast 3-4 times my investment with minimal tax liabilities. If possible I would like to split the investments into 3 amounts of Rs 25,000 each for diversification. Please suggest good and guaranteed investment vehicles where I can invest the amount. I would like something that has a history of providing good returns. Unless, absolutely necessary I would like to avoid FDs due to tax liabilities.
Is investment in gold a right given the prices have risen due to unstable world economy? Please advise.