is that ur retirement savings?
How do I invest 1.3 cr in a mutual fund ?
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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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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.
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.
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
![smile](https://cdn3.desidime.com/emojis/medium/smile.png)
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
![smile](https://cdn3.desidime.com/emojis/medium/smile.png)
Where is this money coming from?
2% management fee : 2.6lacs
upi kardo pehle & then we will discuss here
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 !!
IT and ED will take care of this.
![replyuser](https://cdn1.desidime.com/avatars/default/medium/missing.png)
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.
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
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