Question: Where should I invest lump sum in India?

Where should I invest my lump sum amount?

Invest the lump sum in a liquid fund. Then start a Systematic Transfer Plan (STP) from the debt fund to the ELSS. Your corpus will not only earn higher returns than a savings bank account but will also allow for systematic investment.

Where should I invest my money for good returns 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.

Where can I park my lump sum money?

Investors looking to park a lump sum for the short term are finding themselves in a fix, with returns from fixed deposits (FDs) and liquid funds, the preferred instruments for short-term investment, floundering. FDs are among the most preferred instruments for short-term lump sum investments.

Is SIP better or lump sum?

If you are an investor with a small but regular amount of money available for investment, SIPs can be a more suitable investment option. For investors with a relatively high investment amount and risk tolerance, lump-sum investments may be more beneficial.

IT\'S FUN:  Can India ever become clean Quora?

Which SIP is best for 5 years?

Best SIP Plans for 5 Years in Equity Funds

  • Axis Bluechip Fund Monthly SIP Plan. This is an open-ended equity scheme with a track record of outperformance. …
  • ICICI Prudential Blue chip Fund. …
  • SBI Blue chip Fund. …
  • Mirae Asset Large Cap Fund. …
  • SBI Multicap Fund.

How can I double my money?

Here are some options to double your money:

  1. Tax-free Bonds. Initially tax- free bonds were issued only in specific periods. …
  2. Kisan Vikas Patra (KVP) …
  3. Corporate Deposits/Non-Convertible Debentures (NCD) …
  4. National Savings Certificates. …
  5. Bank Fixed Deposits. …
  6. Public Provident Fund (PPF) …
  7. Mutual Funds (MFs) …
  8. Gold ETFs.

How can I double my money in one year?

The Classic Way—Earning It Slowly

The rule of 72 is a famous shortcut for calculating how long it will take for an investment to double if its growth compounds. Just divide 72 by your expected annual rate. The result is the number of years it will take to double your money.

What is the safest investment with the highest return?

20 Safe Investments with High Returns

  • Investment #1: High-Yield Savings Account.
  • Investment #2: Certificates of Deposit (CDs)
  • Investment #3: High-Yield Money Market Accounts.
  • Investment #4: Treasury Securities.
  • Investment #5: Government Bond Funds.
  • Investment #6: Municipal Bond Funds.

What should I do with lump sum?

If you receive a lump sum of money, it’s important to consider how you can use it to achieve your financial and personal goals.

  1. Pay down debt: One of the best long-term investments you can make is to pay off high-interest debt now. …
  2. Build your emergency fund: …
  3. Save and invest: …
  4. Treat yourself:
IT\'S FUN:  Which is the poshest area in Mumbai?

Where should I invest my lumpsum for 5 years?

5 Best Mutual Funds for Lumpsum Investment for Long Term

Fund NAV 5 Year Return
Canara Robeco Bluechip 41.24 18.31%
Edelweiss Fund 52.89 15.41%
BNP Paribas Large-cap Fund 137.8 14.59%
Axis Bluechip 46.07. 17.89%
About India