I have 3 lacs in liquid. What are the best investment options to make it reach 4 lacs in 1.5 or 2 years?

[geriungurean]

My risk appetite is ZERO.

I am 25, and I earn 40K a month, have my own house with no other debts.

Anything else I can invest in apart from FD?

Thanks.

 

[gracethroughfaith]

@geriungurean Reaching 4 from 3 Lacs is 33% total returns. With zero risk appetite, it is practically impossible.

 

[geriungurean]

@gracethroughfaith I see. Is anything close to it a possibility? Like 3.5 lacs or something?

 

[ecs867]

@geriungurean Take this in reverse. The most secure instrument is FD, which, from a good bank, has the least risk level. Currently they’re giving between 7-8%. At 7%, that comes to around 3.43 lakhs in 2 years. Note that interest is taxable based on your tax slab.

 

[gracethroughfaith]

@geriungurean You can consider conservative hybrid funds and expect 8-10 percent CAGR for 2 years.

 

[geriungurean]

@gracethroughfaith What is the risk level tho?

 

[susejlx]

@geriungurean High risk.

 

[gracethroughfaith]

@geriungurean Low risk but can't be compared to FDs. There are some FDs which are providing 8 percent for the next 2 years lock-in. You can consider that.

 

[rae46]

@geriungurean Zero risk is equal to FD.. it will make you 3 lakhs into 3.18 lakhs in one year and 3.36 lakhs in 2 years

 

[phillipk]

@rae46 Even fd isn't zero risk

 

[rae46]

@phillipk Some assumptions have to be taken na

 

[muya]

@phillipk FD below 5 lakhs is secured by RBI. So yes there is zero risk with the amount OP has stated.

 

[phillipk]

@muya Theoretically nothing is 0 risk, practically yes

 

[everybodyknows]

@rae46 FD gives more than 6% and also compound..

 

[sadie_the_cat66]

@geriungurean There are some small banks offering 9% interest, not exactly zero risk, but i think upto 5 lakh is insured*, so maybe with that it can be 3.5 lakh

 

[tempytemptemp]

@geriungurean In 2 year? No risk? Hate to tell you, you won't be able to make it with your conditions.

Safest option : I think a Suryoday Small Finance Bank is offering 9.1% FD, if you lock in for 5 years. So by the end of five years, you should have close to 5.5L. If you can do that under a senior citizens family member, interest is 9.60%

Plus the deposit would be insured by GIDC upto 5 L.

 

[bezmar]

@geriungurean Use it for business

 

[desaran]

@geriungurean Can go for long duration mutual funds as there is a good possible of interest rates cut. Hire an advisor or study thoroughly before acting. There are risk too. pls see. tho 4L not poss here as its a debt instrument

 

[daphnelover]

@geriungurean IPL
It could get 30L or it could get 0. That too in the time frame of a month. /s

 

[rae46]

@geriungurean When people talk about risk in mutual funds, it's not risk like they will run away with your money and scam you.

It's risk that it may go up and down, we can't predict it