is that ur retirement savings?
How do I invest 1.3 cr in a mutual fund ?
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How do I invest 1.3 cr in a mutual fund so that I get a monthly income of Rs 50,000-60,000 through SWP?
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add an extra zero in all calculation.
what is your age. if its retirement corpus don't invest in market.
if your age is around 30-40 -start a business using 30 lakh and put 1 cr in mutual fund.
if you have a job and want to earn passive income . then put 12-15 lakhs in high yield savings accounts which nets atleast approx 6.5% (eg bandhan) and take money out every month and rest in mutual fund and let it grow.
for advice pm me.
my current portfolio.
F&O, 10X in 1 month.
Jokes aside, you can do bulk index investing (ITBEES seems at a good level now). Don't do bulk investing much, use SIP mode.
SBI/ICICI/HDFC are the three domestic systemically important banks (D-SIBs) as confirmed by RBI and if any one of these three collapses it's like 1/3 of the Indian economy gone, so for sure RBI and the government will not let it happen and the maximum interest (mostly 1.5-2yrs period) in these banks is around 7.25% (HDFC) which would fetch 78-79k per month
If u can do option selling u can earn this 50-k easily by eating options premium & selling naked options
If this okay buy mutual funds with 60% capital
& Use 40% for option selling instead of swp
Where is this money coming from?
2% management fee : 2.6lacs
upi kardo pehle & then we will discuss here
What an irony. OP is hesitant to share his source of income and yet expect everyone to share best of their knowledge , so that he can invest accordingly 😄
Good luck Bro !!
IT and ED will take care of this.
add an extra zero in all calculation.
what is your age. if its retirement corpus don't invest in market.
if your age is around 30-40 -start a business using 30 lakh and put 1 cr in mutual fund.
if you have a job and want to earn passive income . then put 12-15 lakhs in high yield savings accounts which nets atleast approx 6.5% (eg bandhan) and take money out every month and rest in mutual fund and let it grow.
for advice pm me.
my current portfolio.
SBI/ICICI/HDFC are the three domestic systemically important banks (D-SIBs) as confirmed by RBI and if any one of these three collapses it's like 1/3 of the Indian economy gone, so for sure RBI and the government will not let it happen and the maximum interest (mostly 1.5-2yrs period) in these banks is around 7.25% (HDFC) which would fetch 78-79k per month
If u can do option selling u can earn this 50-k easily by eating options premium & selling naked options
If this okay buy mutual funds with 60% capital
& Use 40% for option selling instead of swp