Which SIP is best for 20 years?
Table of Contents
- 1 Which SIP is best for 20 years?
- 2 What can I do with 5 lakhs?
- 3 Which is the best mutual fund for SIP in 2021?
- 4 How much interest will 5 lakhs earn?
- 5 Which type of mutual fund is best for long term?
- 6 How to invest 1 lakh rupees in mutual funds?
- 7 What should I do with 24 lakhs of savings?
- 8 What should I do with 1 lac rupee?
Which SIP is best for 20 years?
Best Long Term SIPs At A Glance
- ICICI Prudential Corporate Bond Fund.
- HDFC Money Market Fund.
- Edelweiss Greater China Equity Off-shore Fund.
- Franklin India Feeder – Franklin U.S. Opportunities Fund.
- PGIM India Global Equity Opportunities Fund.
- Nippon India Liquid Fund.
- Invesco India Liquid Fund.
- Kotak Liquid Fund.
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:
Which SIP is best for 25?
Let us have a look at the top picks for investment for 20-25 years.
- Aditya Birla Sun Life Tax Relief 96.
- 2.Reliance Small Cap Fund.
- L Midcap Fund.
- Mirae Asset India Equity Fund.
- Axis Midcap Fund.
Which is the best mutual fund for SIP in 2021?
Best Mutual Fund for SIP to Invest in December 2021
| Fund Name | 1Y CAGR 3Y CAGR 5Y CAGR Till Date CAGR | Till Date CAGR |
|---|---|---|
| Axis Bluechip Fund (G) | 19.6\% | 13.7\% |
| ICICI Prudential Bluechip Fund (G) | 16.9\% | 14.7\% |
| Kotak Bluechip fund (G) | 19.3\% | – |
| Mirae Asset Large Cap Fund (G) | 17.3\% | 16.2\% |
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 |
What is the best way to invest 5 lakhs in India?
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.
Which type of mutual fund is best for long term?
List of Long Duration Mutual Funds in India
| Fund Name | Category | 1Y Returns |
|---|---|---|
| ICICI Prudential Technology Fund | Equity | 80.7\% |
| Quant Infrastructure Fund | Equity | 95.5\% |
| Quant Tax Plan Fund | Equity | 75.2\% |
| PGIM India Midcap Opportunities Fund | Equity | 70.5\% |
How to invest 1 lakh rupees in mutual funds?
If your risk appetite permits you, you can plan to invest in these funds via SIP route. You can expect 12-18\% return from these type of Mutual Funds. If you have not exhausted your 80 C limit, the best way to invest 1 Lakh rupees for you is ELSS.
Should I invest in ELSS or Balance Fund for 1 lakh?
However, ELSS comes with 3 years lock in period. You will not able to redeem ELSS fund till 3 years. ELSS can give returns in the range of 10-12\%. Balance Fund is next investment option where you can plan to invest 1 Lakh rupee. Balance mutual fund is the best investment option for the investor who is looking for safety and moderate returns.
What should I do with 24 lakhs of savings?
Hence, I suggest you invest the balance – Rs 24 lakh -in a fixed deposit in one of the top banks. “Assuming you earn 8\% per annum over 10 years, you could receive Rs 16,000 per month. You could sweep this interest into your savings account every month.
What should I do with 1 lac rupee?
The last option to invest your 1 lac rupee is Gold. Gold is considered as a safe haven against all national, political and cultural crises. Gold has produced a magnificent return in past and we expect gold to continue in appreciation. I would like to specify here that gold Investment should not exceed 20\% of your portfolio.