Hot Deal where to invest my 5Lacs??

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Where to invest my 5 lac savings to get best returns at this time..? If Bank FD then which is best?
Also mention other sources.
Thanks in advance smile

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marketdimer wrote:

they will pay 7.75 but today you buy a 7.75 thinking this is a good rate and by next year you may get a 8.5% or even 9%. when economy is screwed interest rates are bound to go up. one can invest a small portion specially senior citizens who can put more though waiting few days might get good deal. and since these are a) taxable and b) carry inflation adjusted returns, after 8 years will be peanuts. so better to wait for good prices. if not goi, psus like nhai or ntpc may come with better prices as funds already are drying up.

Ye baat!
Got your point smile

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GOI Bonds interest rates were reduced from 8% to 7.75% and period increased from 6 to 7 years

also PO MIS and other PO schemes interest rates were reduced from April 2020

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xuseronline wrote:

If you have spare money for 7 years… you may try GOI Savings Bonds which offers 7.75% which is the safest way.
If you choose cumulative option, it will be compounded every 6 months so the effective interest rate would be 10% approx. ( these are fully taxable )

You can also read this – http://content.icicidirect.com/idirectcontent/P...

banks like HDFC IDBI ICICI used to give this GOI bonds online investment but now not to be seen on HDFC / IDBI net banking account have they stopped online any information rolleyes

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desiman wrote:

banks like HDFC IDBI ICICI used to give this GOI bonds online investment but now not to be seen on HDFC / IDBI net banking account have they stopped online any information rolleyes

Yes, ICICI Direct stopped for sometime but now it is available once again.
Not sure about HDFC etc.

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xuseronline wrote:

Yes, ICICI Direct stopped for sometime but now it is available once again.
Not sure about HDFC etc.

HDFC and IDBI currently not showing the RBI bonds on internet banking

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buy agriculture land if you know the contacts in your area

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asen wrote:

How to or where to buy this bond?

register on this website thaey will do kyc,u need a demat account & after that select the bond that u want to invest in you hve to transfer amount via rtgs to corporate directly and eod bond will show in your demat account,in current environment invest in only big name like hdfc bank bond,icici etc.

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deadguru wrote:

register on this website thaey will do kyc,u need a demat account & after that select the bond that u want to invest in you hve to transfer amount via rtgs to corporate directly and eod bond will show in your demat account,in current environment invest in only big name like hdfc bank bond,icici etc.

any information on RBI bonds 7.75% where can v invest online

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desiman wrote:

any information on RBI bonds 7.75% where can v invest online

ICICI Direct has option to invest via their portal in RBI Bonds

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xuseronline wrote:

ICICI Direct has option to invest via their portal in RBI Bonds

do we need top open any of the ICICI accounts for RBI bonds investment

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desiman wrote:

do we need top open any of the ICICI accounts for RBI bonds investment

ICICI Direct is basically Demat account so if you goto ICICI Direct way, yes, you will need to open an account with them.

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Sorry for digging this thread out. I wanted to invest a sum of 20 lakhs n its my mum’s money. As you know how these guys are about zero risk policy, I can only come up with the goi rbi bonds which give 7.15 floating interest rate with a lock-in of 7 years. Any suggestion would be really appreciated…

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vishyvish1420 wrote:

Sorry for digging this thread out. I wanted to invest a sum of 20 lakhs n its my mum’s money. As you know how these guys are about zero risk policy, I can only come up with the goi rbi bonds which give 7.15 floating interest rate with a lock-in of 7 years. Any suggestion would be really appreciated…

senior citizen?
than SSS , 15 L with 5 yr lockin

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theruler007 wrote:

senior citizen?
than SSS , 15 L with 5 yr lockin

Thanks for your response! Yes senior citizen. Both sss and pmvvy already done.

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vishyvish1420 wrote:

Sorry for digging this thread out. I wanted to invest a sum of 20 lakhs n its my mum’s money. As you know how these guys are about zero risk policy, I can only come up with the goi rbi bonds which give 7.15 floating interest rate with a lock-in of 7 years. Any suggestion would be really appreciated…

I bet that you would want safety with liquidity. FD returns are less than inflation nowadays. Your best bet would be different liquid/money market funds.

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billubakra wrote:

I bet that you would want safety with liquidity. FD returns are less than inflation nowadays. Your best bet would be different liquid/money market funds.

Thanks for replying. Sorry but I have no experience with market related schemes, till now it was just banks’ fds affair. Now, as the rates are pretty low in fds that I started to wonder…

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billubakra wrote:

I bet that you would want safety with liquidity. FD returns are less than inflation nowadays. Your best bet would be different liquid/money market funds.

Btw liquidity is not an issue, if that can be of any help?!

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vishyvish1420 wrote:

Btw liquidity is not an issue, if that can be of any help?!

If you can hold on for 3+ years then go with liquid/moneymarket funds safest form of debt funds. Plus no tds deduction. Also you will be taxed under long term capital gain.

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vishyvish1420 wrote:

Btw liquidity is not an issue, if that can be of any help?!

avoid liquid funds !!!!!!! check what happened to franklin debt funds !! money struck , my friends money is struck …

i would suggest get 1% less and have peace of mind !!

idfcbank still gives 7.5% for senior cit !!

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billubakra wrote:

If you can hold on for 3+ years then go with liquid/moneymarket funds safest form of debt funds. Plus no tds deduction. Also you will be taxed under long term capital gain.

Sorry I have no experience with market related stuff. Is there any specific one you can direct me to.. Pm me, it would be really helpful.

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vishyvish1420 wrote:

Sorry I have no experience with market related stuff. Is there any specific one you can direct me to.. Pm me, it would be really helpful.

Don’t invest all the money in one place.
Always diversify your investment. That’s the thumb rule.

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theruler007 wrote:

avoid liquid funds !!!!!!! check what happened to franklin debt funds !! money struck , my friends money is struck …

i would suggest get 1% less and have peace of mind !!

idfcbank still gives 7.5% for senior cit !!

My mum is already in 30% itr bracket.. So I was thinking of putting this money in my name now. Goi rbi gives 7.15 right now, I understand it’s floating but still a good option. How do you feel?

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chipi wrote:

Don’t invest all the money in one place.
Always diversify your investment. That’s the thumb rule.

I understand, but they want all the money to be safe with no risk option. I don’t quite understand what are the real options left….

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chipi wrote:

Don’t invest all the money in one place.
Always diversify your investment. That’s the thumb rule.

Usually it used to be banks fds.. Then it was in post offices’ schemes, then lic pmvvy.. Now what when the money is getting out of the banks fds,cant place in fds no more as they give just 5.25%. I feel confused.

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Put few lakhs in Inudsind FD. It gives 7% Since the assessee is in 30% tax bracket. Put the money in your name. Tax incidence will be lower otherwise your earnings are 4.9%. Put a couple of lakhs and buy Reliance shares and forget for 5 years.

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