Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

Sir i have Rs.14 lacs and i wanted to invest in debt funds (for safety) and i cannnot say exactly about the period of investment minimum 2 to 3 years atleaset at present post office senior citizens scheme is giving 9% assured (my mother and father both are senior citizens). can u suggest me how to invest my money

About: Money

Tags: money, relationships, entertainment
Asked by bharavi kadiyala, 22 Jul '10 07:29 pm
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (8)

 
1.

Boss, If you are looking for safety & debt instrument's, look no further than the post office. It give one of the best return's with rock solid safety.
14 lakhs is serious money. My suggestion would be invest 12 lakhs in post office and buy some good equity shares for the balance 2 lakhs.
Answered by Speaking Tree, 22 Jul '10 08:20 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
2.

INVEST IN SPL PORTFOLIO IN WHICH YOU GET GURANTEED MONTHLY INCOME OF 3% FOR YOUR CAPITAL FOR MORE DETAILS MAIL ME
cmkumar23@gmail.com
Answered by muthukumar c, 22 Jul '10 08:01 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (1)
Your vote on this answer has already been received
3.

Post office senior citizen scheme has lock in of 5 years,which does not match with your time horizon. There is a penalty of 1% if withdrawn after 2 years. The MIP can be good solution for you. MIP scheme of Mutual Fund invests 15 to25 % in Equity and balance in debt market. you can expect 10% return from this schemes. If you want 100% safety than FDs will the right match for you. mail me if you are residing near by Mumbai at pankaaj.maalde@rediffmail.com
Answered by Pankaaj Maalde, 23 Jul '10 02:35 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
4.

Http://nishikantnirala.blogspot.com/
Answered by nishikant nirala, 23 Jul '10 12:55 am

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
5.

You can chose MIPs/FMPs/Gilt funds for MF................Post office savings can be good choice............
Answered by anup dutta, 22 Jul '10 10:07 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
6.

Divide in Bank FD PO saving and MF
Answered by RSehgal, 22 Jul '10 08:20 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
7.

Don't invest in mf and shares, u will get frustration, sleepless nights and only half the money after 2-3 yrs.
better invest in real estate with little broader span, u will always be happy
Rest is your decision after all its your money
Answered by Deepak S, 22 Jul '10 08:19 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
8.

It is advisable for you to invest in Monthly Income Plans offered by Reliance and HDFC.
You will be able to generate returns of 9 - 10% annually.
Answered by nikhil purohit, 22 Jul '10 07:48 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining

Related Answer

Q.
A

Transfer to my account, i will double it in a month..more

Answered by Pinky