How do I invest 1.3 cr in a mutual fund ?

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Deal Subedar
prodime17

How do I invest 1.3 cr in a mutual fund so that I get a monthly income of Rs 50,000-60,000 through SWP?

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Deal Cadet Deal Cadet
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add an extra zero in all calculation.
what is your age. if its retirement corpus don't invest in market. 

if your age is around 30-40 -start a business using 30 lakh and put 1 cr in mutual fund.

if you have a job and want to earn passive income . then put 12-15 lakhs in high yield savings accounts which nets atleast approx 6.5% (eg bandhan) and take money out every month and rest in mutual fund and let it grow.

for advice pm me.

my current portfolio.

image

Commentator Commentator
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SBI/ICICI/HDFC are the three domestic systemically important banks (D-SIBs) as confirmed by RBI and if any one of these three collapses it's like 1/3 of the Indian economy gone, so for sure RBI and the government will not let it happen and the maximum interest (mostly 1.5-2yrs period) in these banks is around 7.25% (HDFC) which would fetch 78-79k per month 

Deal Brigadier Deal Brigadier
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If u can do option selling u can earn this 50-k easily by eating options premium & selling naked options

If this okay buy mutual funds with 60% capital

& Use 40% for option selling instead of swp

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is that ur retirement savings?

Deal Subedar Deal Subedar
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no
Deal Cadet Deal Cadet
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image

add an extra zero in all calculation.
what is your age. if its retirement corpus don't invest in market. 

if your age is around 30-40 -start a business using 30 lakh and put 1 cr in mutual fund.

if you have a job and want to earn passive income . then put 12-15 lakhs in high yield savings accounts which nets atleast approx 6.5% (eg bandhan) and take money out every month and rest in mutual fund and let it grow.

for advice pm me.

my current portfolio.

image

Deal Subedar Deal Subedar
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thanks bro😀
Benevolent Benevolent
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F&O, 10X in 1 month.

Jokes aside, you can do bulk index investing (ITBEES seems at a good level now). Don't do bulk investing much, use SIP mode. 

Deal Subedar Deal Subedar
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Alright, noted, thanks😀
Commentator Commentator
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SBI/ICICI/HDFC are the three domestic systemically important banks (D-SIBs) as confirmed by RBI and if any one of these three collapses it's like 1/3 of the Indian economy gone, so for sure RBI and the government will not let it happen and the maximum interest (mostly 1.5-2yrs period) in these banks is around 7.25% (HDFC) which would fetch 78-79k per month 

Deal Subedar Deal Subedar
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oh, alright, thanks smile
Deal Brigadier Deal Brigadier
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If u can do option selling u can earn this 50-k easily by eating options premium & selling naked options

If this okay buy mutual funds with 60% capital

& Use 40% for option selling instead of swp

Deal Subedar Deal Subedar
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Alright, thank you smile
Deal Subedar Deal Subedar
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Where is this money coming from?

Deal Subedar Deal Subedar
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secret😝
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Deal Cadet Deal Cadet
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2% management fee : 2.6lacs

upi kardo pehle & then we will discuss here

Deal Cadet Deal Cadet
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What an irony. OP is hesitant to share his source of income and yet expect everyone to share best of their knowledge , so that he can invest accordingly 😄

Good luck Bro !!

Helpful Helpful
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IT and ED will take care of this.

@admin @bumblefoot @Rosh_0007

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