Which is the best investment for 1 lakh?
Table of Contents
Which is the best investment for 1 lakh?
Mutual Fund Houses
- Axis mutual fund.
- Motilal Oswal Mutual Fund.
- Canara Robeco Mutual Fund.
- Kotak Mutual Fund.
- DSP Blackrocks Mutual Fund.
- L Mutual Fund.
- Edelweiss Mutual Fund.
- Mirae Mutual Fund.
What is the best investment in 2020?
Overview: Best investments in 2021
- High-yield savings accounts. A high-yield online savings account pays you interest on your cash balance.
- Certificates of deposit.
- Government bond funds.
- Short-term corporate bond funds.
- Municipal bond funds.
- S&P 500 index funds.
- Dividend stock funds.
- Nasdaq-100 index funds.
What is the best way to invest 1 lakh in mutual funds?
The first best way to invest 1 Lakh for the good returns is Midcap or Multi-cap Mutual Funds. Investment in these type of mutual funds is a risky affair and may not be suitable for everyone. If your risk appetite permits you, you can plan to invest in these funds via SIP route.
How to invest 1 lakh rupee in ELSS mutual fund?
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. Balance fund follows the principal of balancing they divide the funds and invest in equity and debt both.
What are the best investment options for 1 lac rupee?
As per me if you surplus money you can think of this investment option. This option can give an absolute return of 8.2\%-8.3\% every year for 15 years. 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.
Is Kisan Vikas Patra (KVP) the best investment plan?
If you’re younger and looking to double your money by investing minimum1 Lakh, then Kisan Vikas Patra or KVP is best investment plan. This is a Central government sponsored fixed deposit scheme that has fixed maturity of 124 months. It fetches 6.9 percent compounded interest annually.