Best way to invest 6 lakhs


The end result should be the same as starting with a higher capital amount of Rs 33 Lakhs. Assuming that fund returns are in the 12% range, you should be able to reach your Rs 1 Crore goal by the end of 10 years. Here is a calculator where you can check how much you need to invest in 10 years to reach a particular corpus. You only need to add ... HDFC Life provides best short term investment plans and options to meet your investment goals. Liquid funds, short-term fixed deposits and mutual funds serve as the best short term investment plan for 3 years. Understanding these short term invesment plans is very crucial before you start investing in them. Salient Features Entry Age of the policy holder has to be minimum 18 years and maximum 50 years. Maximum maturity age is 75 years. Minimum and maximum policy terms are 15 years and 35 years respectively. You have to pay the premiums for the entire policy tenure Best way to invest 1 or 2 lakh is same as best way to invest 50,000 or 10 lakhs. For investment idea, you have to have a goal, then assess risk and return and find assets to match the expectation. However, if you are new to investing, then you may want to start with some research. In any case, there is no one "best way" to use this cash; there are many options. If in the face of these ...