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Where should I invest my money to get good returns in India?

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Where should I invest my money to get good returns in India?

Top 10 investment options

  • Direct equity.
  • Equity mutual funds.
  • Debt mutual funds.
  • National Pension System.
  • Public Provident Fund (PPF)
  • Bank fixed deposit (FD)
  • Senior Citizens’ Saving Scheme (SCSS)
  • Pradhan Mantri Vaya Vandana Yojana (PMVVY)

What can I do with 2 CR?

return. You can try to increase your SIPs by 5\% every year, this will help you reach much closer to the goals that you have planned for yourself in my view.

How many years FD will double?

To know the time duration in which your FD amount will get doubled, you have to divide 72 with the highest rate. For example, if the highest rate on FD is 7.05\%, then the number of years in which your FD will get doubled is 72/7.05= 10.21. Thus, it will take 10 years for your FD to get doubled.

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How much savings should I have at 30 India?

One — by the age of 30, you should have saved as much as your annual income at 30. Two — by 35, you should have saved twice your annual income at 35. So, for example, if your annual income at 35 is Rs 10 lakh, your savings at this point should be Rs 20 lakh.

What will be the value of Rs 1 lakh in 30 years?

Let’s assume that the inflation rate is around 8\% for the whole 30 years, then if we discount Rs. 1 Lakh on yearly basis that amount will be worth of Rs.9938 , former Retd. Govt Employee.

What will be the future value of 1 lakhs in inflation?

In future, it is expected to remain in the same or similar range. So you need to discount this 1 lakh Rs. for this specific range of inflation. After little calculation, the future value will come out to be 23,137 [for 5\% inflation] and 5,730 Rs. [for 10\% inflation].

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How much should I invest in equity funds for 5 years?

As mentioned by you, you have two goals – Rs 10 Lakhs after 5 years + your retirement planning and you can invest only Rs 10,000 a month. Kindly note that with Rs 10,000 monthly SIP in an equity fund, you can accumulate only approx 8.25 Lakhs after 5 years (assuming 12\% annualized returns).

How to accumulate 1 Cr in 20 years time?

As per above table to accumulate 1 Cr in 20 years time with expected rate of return is 10\% we need to do monthly SIP of Rs 13500. This SIP is fixed for 20 years. In first Scenario our SIP amount is fixed for whole term.