Where shall I invest 50k to get max returns?

POSTED BY [email protected] ON March 31, 2012 12:49 pm COMMENTS (2)

Hi

I am currently holding 3 policies:

1. LIC Jeevan Saral (12k Yearly),
2. LIC Wealth Plus (20k Yearly)
3. HDFC SL ProGROWTH 2 (50k yearly)
4. Health Insurance (3500 Yearly)
and a PPF account.

After paying the premium for these policies I have around 50 – 70 K to invest.
Please suggest where shall I invest to get maximum returns?
I am earning 30 K monthly. What can i do to minimise the tax?
Is it wise to put 10 K in PPF yearly?
Also i want to confirm — we can declare max 1 lac investment for tax relief ?

2 replies on this article “Where shall I invest 50k to get max returns?”

  1. AB says:

    I have PPF as well as EPF. As EPF rates are comparitively less, i am investing in PPF.
    My age is 25.

  2. Dear AB, do you have PF account with your employer?

    thanks

    Ashal

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Your email address will not be published.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 

 

 

Check your Email and Click on the Confirmation Link

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 

 

 

Check your Email and Click on the Confirmation Link