Can I get monthly return on investment?
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Can I get monthly return on investment?
Monthly Income Plan Monthly income plans (MIPs) are mutual funds that invest mainly in fixed income and a small portion in equity and equity-related instruments. You can opt for the growth or the dividend option of monthly income plans. However, the MIP declares dividends only if there are profits.
Which bank gives highest monthly interest?
Interest Rates on Monthly Income FD Schemes
| Bank | Tenure | Interest Rates |
|---|---|---|
| HDFC Bank FD | 7 days to 10 years | 2.50\% to 5.50\% |
| Kotak Bank FD | 7 days to 10 years | 2.50\% to 5.30\% |
| Axis Bank FD | 7 days to 10 years | 2.50\% to 5.75\% |
| Bank of Baroda FD | 7 days to 10 years | 2.80\% to 5.25\% |
What is the return on investment of Rs 3 crore?
Assuming you are 55 Years old & have Rs 3 Crores to Invest. Invest in a Plan A = Rs Crores. You get an annual return of Rs 25.27 L PA .This income is guaranteed by govt of India .This is through our your life.
How to earn Rs 2 lakhs per month from 2 crore?
To earn an income of Rs 2 lakh per month or Rs 24 lakh per annum from the corpus of Rs 2 crore, you must return of 12 per cent. However, there is no fixed income instrument that can currently offer you such rate of return. The prevailing rates in the market range between 6 and 7 per cent.
What is the best way to invest 1 lakh rupees?
The second way to invest your 1 lakh rupees could be Monthly Income Scheme. It is very popular way to invest your money hence everybody is familiar with it. Monthly Income Scheme comes in handy if you are looking for a way that gives you a constant income on monthly basis.
How much income can I get from 5 crores per year?
90\% of 5 crore will be 4.5 crores. The dividend income from equity index funds at 1.25\% for 4.5 crores should give you around 5.5 lakhs per year And the short term bond investment of 0.5 crore should give you 3.5 lakhs. If you like warren buffet, here is his advice for a wealthy widow.