Where to invest to get higher return with low risk

Q & A Forum › Category: Investments › Where to invest to get higher return with low risk

Ravi Bhatnagar asked 9 years ago

Hi Sreekanth, Glad to be a part of your network. I have read some of your articles. Very useful info. I have already invested in Sukanya, ppf, lic plan upto rs1.5L under 80c. I now wanted to start investment in Mutual fund market, sip, elss etc for investment purpose. I can invest Rs25000 per month. Could you please advise which one is better to invest for 3-5yrs with less risk where I can get GOOD RETURNS as compared to FD, PPF, Sukanya. Shall i opt any direct plan etc. Pls advise. Looking forward for your revert..Thanks Regards Ravi Delhi

3 Answers

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Sreekanth Staff answered 9 years ago

Dear Ravi, Can I have details of your LIC policies ? (Plan name, commencement date, tenure & sum assured). For a time-frame of around 5 years, you may consider Equity oriented Balanced funds. Ex _ HDFC Balanced fund / SBI Balanced fund etc., Kindly note that mutual funds are subject to market risks. Suggested readings: https://www.relakhs.com/top-best-balanced-mutual-funds-returns/ https://www.relakhs.com/direct-mutual-fund-plans-buy-online/ https://www.relakhs.com/mutual-fund-direct-plans-vs-regular-plans/

Ravi Bhatnagar replied 9 years ago

Money back lic policy – 21 yrs tenure, paying 13,000 anually, started 5yrs back

Jeevan anand lic policy- 22yrs tenure period, paying 25,000 annually, started 5yrs back.

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Sreekanth Staff answered 9 years ago

Dear Ravi, If you have dependents, you have to consider increasing your Life cover. The above mentioned traditional plans can neither give your adequate life cover nor give you decent returns on maturity. Suggest you to consider a Term insurance plan and you may then discontinue these traditional low yielding policies. Kindly read: https://www.relakhs.com/traditional-life-insurance-plan/ https://www.relakhs.com/insurance-importance-life-health-accident-covers/ https://www.relakhs.com/term-insurance-plan-a-waste-of-money/ https://www.relakhs.com/how-to-get-rid-off-bad-life-insurance/ https://www.relakhs.com/best-online-term-insurance-plans-india/

Ravi Bhatnagar replied 9 years ago

I want to invest Rs 2,00,000 at one go for a locking period of 5yrs. Kindly advise where I can invest the same to get good return. I am new to mutual fund but want want to invest in this. Above you have advises me to invest in Hdfc balance fund. So shall i go for it or is there is any better one with good returns compare to fd, ppf and min risk.

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Sreekanth Staff answered 9 years ago

Hi, Yes, you may consider Balanced funds. You can invest either in 2 to 3 installments over next say 3 months.