Question: Where can I invest in 5 lakhs?

What is the best investment for 5 lakhs?

Now, let us take a quick understanding of each of the best investment options with high returns in India 2021 one by one:

  • Unit Linked Insurance Plan (ULIP) …
  • Public Provident Fund (PPF) …
  • Mutual Fund. …
  • Bank Fixed Deposits. …
  • National Pension Scheme (NPS) …
  • Senior Citizen Savings Scheme. …
  • Direct Equity. …
  • Real Estate Investment.

What can I do with 5 lakhs?

What is the best way to invest Rs 5 Lakh in India?

  • Fixed deposit: …
  • Post Office Monthly Income Scheme (POMIS): …
  • Mutual funds: …
  • Equity markets: …
  • Real estate:

Where should I invest 500000 rs?

5 Best Options For Those Looking To Invest Upto Rs 5 Lakhs

  • Fixed Deposits of Mahindra and Mahindra. The fixed deposits of Mahindra and Mahindra offer a good interest rate. …
  • IDFC First Bank. IDFC First Bank offers an interest rate of 8 per cent on its 1 year deposit. …
  • Bajaj Finserv Fixed Deposits. …
  • Shriram Transport Finance.

What is the safest way to invest 500000?

The choices of what to do with $500,000 are legion. Among them are hedge funds, real estate and index funds. While people with a lower net worth often buy index funds, they can also be attractive to the wealthy.

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How much interest will 5 lakhs earn?

Monthly Payout

Investment amount Monthly interest Cumulative interest for 5 years
5 lakh Rs.2,629 Rs. 185,043
10 lakh Rs.5,258 Rs.3,70,087
15 lakh Rs. 7,887 Rs.5,55,130
20 lakh Rs. 10, 517 Rs. 7,40,173

How can I get 12 percent on my money in India?

Here is a look at the 10 investment avenues Indians look at while saving for financial goals.

  1. Direct equity. …
  2. Equity mutual funds. …
  3. Debt mutual funds. …
  4. National Pension System. …
  5. Public Provident Fund (PPF) …
  6. Bank fixed deposit (FD) …
  7. Senior Citizens’ Saving Scheme (SCSS)

Which MF to buy now?

EQUITY HYBRID DEBT OTHERS Filter

Scheme Name Plan Category Name
Mid Cap Fund
PGIM India Midcap Opportunities Fund – Direct Plan – Growth Direct Plan Mid Cap Fund
Quant Mid Cap Fund – Direct Plan – Growth Direct Plan Mid Cap Fund
Multi Cap Fund

Which is best mutual fund?

Axis Bluechip Fund. Mirae Asset Large Cap Fund. Parag Parikh Long Term Equity Fund. Kotak Standard Multicap Fund.