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.

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.

Should I invest Rs 24 lakh in equities or fixed deposits?

While your long investment horizon should make equities an attractive option, the ‘monthly income’ requirement restricts your ability to absorb market fluctuations. Hence, I suggest you invest the balance – Rs 24 lakh -in a fixed deposit in one of the top banks.

Which is the best investment to get regular monthly income?

10 Best Investment to get regular monthly income. 1 (1) Post office MIS. MIS broadly known as Monthly Income Scheme as name suggests one can get assured monthly return from investment under this scheme. 2 (2) Fix Deposit. 3 (3) Senior citizen saving scheme. 4 (4) Monthly Income Plan of mutual funds. 5 (5) SWP from mutual funds.

Here are some of the best investment plans for 1 year you can invest for high returns.

1. Fixed Maturity Plans.
2. Debt Mutual Funds.
3. Post-office Term Deposits.
4. Arbitrage Mutual Funds.
5. Recurring Deposits.
6. Fixed Deposits.

What are some business ideas under 2 lakhs investment?

Here are 10 Business Ideas under 2 lakh investment:- 1. Car Driving School – Driving school is very lucrative business idea and it can be started with investment of Rs 2 lakhs in every state of India. You can start this business from home targeting customers in your locality.

How to start your own entrepreneurship career with 2 lakh investment?

I hope that these ideas will help you to start your own entrepreneurship career with ease. Here are 10 Business Ideas under 2 lakh investment:- 1. Car Driving School – Driving school is very lucrative business idea and it can be started with investment of Rs 2 lakhs in every state of India.

Can I start a business with very small capital in India?

We have crafted some very profitable businesses that you can start with very small capital in India. Some businesses that are listed below can be started with under 1 lakh investment. Please read to see if you can find one of the businesses described here that you can start with very low investment to catch your interest. 1.

How can I buy a used car under 2 lakhs?

Buy a Used Car – Search for used car in your city in good price under 2 lakhs, you can go with Wagon R, Hyundai i10, etc. Make sure that your car has power steering. Get Registration Done – Register your business and get driving school license from state government.