How can I invest monthly?

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)
8. Pradhan Mantri Vaya Vandana Yojana (PMVVY)

What is SBI monthly income scheme?

State Bank of India’s (SBI) Annuity Deposit scheme is a type of fixed deposit that offers a fixed payout on a monthly basis for the tenure opted by you. As per SBI official website, a fixed amount is provided to the account holder in equated monthly instalments (EMIs).

How long should I invest Rs 10000 in equity funds?

Note – It’s assumed that if investing Rs 10000 in equity funds, you have already taken care of debt investments (via PF, PPF, etc.) in accordance with your asset allocation based investment plan. It is also assumed that you wish to invest for at least 5 years.

How much should I invest in mid-cap funds?

We recommend a portfolio of mid-cap and small-cap funds purely. The investment in small cap is capped at 40\% whereas the remainder is allocated in mid-cap. By investing Rs 10,000 per month, an investor can look to accumulate over Rs. 49 Lakhs in ten years.

How much money do I need to invest 10K per month?

Assuming a safe interest rate of 7.5\% pa, and to have Rs. 10K per month as returns, you need to have a principal = (10,000*12)/7.5\% or Rs. 16 Lacs. if 7.5\% is 7\% then you need around Rs. 17.15 Lacs. Look at FinoZen Mobile App for your ultra low risk investments, it might exactly be what you are looking for.

How many mutual funds should I invest in a sip?

If you wish to create a portfolio of mutual funds by investing in a SIP of 10000 per month, it’s suggested not to have too many funds. Going for just 2-3 funds is more than enough. Depending on one’s risk profile, some possible combinations are: There can be an infinite number of combinations.