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Where to invest Rs.7 lakhs for 12 to 15 months.

Dear Readers,

 I have just redeemed a ULIP ( Birla Sun life Rs. 1500000 with a life cover of 7500000 in 2008) for Rs.733000. Big loss!

I wish to invest this asap as I am leaving for USA and will be back next year.The money is in my NRO account.

I am USA citizen with a PIO card.

Kindly advise.Thanks in advance.

 

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