Investment suggestions (40k)
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I have a fixed deposit of ~35k & bank balance of ~5k which I plan to invest in a better place. Currently I am getting returns of 7.5 to 8.3% returns.
My current thoughts are on Mutual funds (2 schemes 500₹ each) which will make my current capital to get invested for next 3 years. Any schemes or ways to invest that amount on date?
I don’t wish to go for equity as I do not have alot of interest and knowledge currently and for long term it can be risky(don’t want risk) or beneficial.
Kindly share a few suggestions and ideas, and the cheapest way to start with.
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@Sudarshan61 @Ash @SunnyKh @deal_nirbhar @caks2006407 check screenshot below. It is development credit bank(DCB Bank) Also I’ve parked one of the deposit funds in Sr Citizen a/c (0.5% extra) 
Try using SWP and SIP.
Debt fund me lumsump daalke SWP krlo….aur 500 ki SIP Krlo….aur har Saal Kuch paise debt fund me daalke SIP ko constant krte rho….
#Intrest ke Paise Ko Market me daalne me risk nhi
#BilkulRiksNhiLeneKa
Sounds good.
Sent you a message for some details.
Krishna bhima samrudhi local area bank gives 7.8 per year in my home town it’s under rbi is it safe for fd?pls tel me any one
Yeah some debt funds too can give same….and your money is also not locked.
Idfc first bank gives 7% on savings
Au small financial bank share for a period of 3-6 months
Is it good at this price?
Have you heard of Laxmi chit fund? (This type of investment depends upon market/people, please do not read scheme documents carefully)
1st year – 7.5%
2nd year – 7.7%
3rd year – 8.15%
4th year – 8.2%
5th year – 8.5%
…Govt. of India floating rate saving bonds 2020 ( taxable) – 7.15%…
Pls give link for this , I want to read more about this.
Dream11
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which FD gives 8.3% return?