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Investment Idea to get 1% monthly

446°
Critic
Mumbhai

What investment strategy can yield 1% monthly return with consistency?

Amt: 10 lacs.

Should be..
1. Liquid. (Able to encash when needed)
2. Low risk.
3. Passive.

51 Comments  |  
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Pro Community Angel Pro Community Angel
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Doesnt sound too good?

Critic Critic
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Hoping to find out someway or the other…there must some idea…. something…

Deal Newbie Deal Newbie
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Get involved in Some business, these days everyone have to maintain healthy stock to be in business. Ask your relatives, you can buy for them and give them 30 days credit and take 1% against it.

Critic Critic
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Yes, business sounds good, but lending money to relatives is suicidal
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Deal Brigadier Deal Brigadier
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not possible

1% is too high…

& op wants liquidity with almost 100% safety

btw, seems op is too rich 😅

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Hunk Hunk
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Not possible

Deal Cadet Deal Cadet
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Desidime ka clone bna do you’ll get better returns

Deal Brigadier Deal Brigadier
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😂😂😂😂

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Beacon Beacon
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Not possible with all 3 criteria OP has put.

Critic Critic
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Closest I can think of is around 0.6% by keeping 5 lakh each in two idfc bank savings acc under different name/pan & you will get the interest once at the quarter end.
Critic Critic
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Great bro…7200 still good. Will think upon it.

Edit: it’s 72000/yr

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Deal Subedar Deal Subedar
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NKStockTalk Channel on Telegram

Finance Ninja Finance Ninja
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https://cdn0.desidime.com/attachments/photos/661627/medium/IMG_20210120_161152_281.jpg?1611420259

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Deal Subedar Deal Subedar
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Give it to me, but min locin period of 6 months

Talk-Of-The-Town Talk-Of-The-Town
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Please share strategy if you are serious. Also lockin of 6 months is out of requirement as per OP

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Deal Subedar Deal Subedar
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Inflation rate is 7%+ right now. invest in something in which u can atleast cover that

Generous Generous
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1% / mo = 12%/year
12% interest / year is greater than 7% inflation

smile
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Deal Cadet Deal Cadet
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Create bharatpe merchant account,make interest account,it offers 12% interest p.a,easy to use,anytime transfer facility,best interest offering

Talk-Of-The-Town Talk-Of-The-Town
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How is this low risk?

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Helpful Helpful
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