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

[spacedog2k5]

@rae46 Although they say mf may go up and down. I have seen very rare cases going down. Most good mfs go up only

 

[philcho]

@spacedog2k5 Are you new?

 

[spacedog2k5]

@philcho Somewhat. I heard this by some fin-fluencer saying even if you choose a wrong fund but continue systematic sip it will give decent returns

 

[philcho]

@spacedog2k5 No lol. YouTube and Insta influencer are cancer. Ignore them bro.

 

[rae46]

@spacedog2k5 When it goes down, you should have the strength to wait.

Also buy good ones not sahara

 

[momrn3]

@geriungurean Try Gold. CAGR - 11%

Invest using SGB (extra 2.5%) or gold leasing on apps like Gullak (extra 5%)

 

[pinfonlica]

@momrn3 SGB has 8 years lockin period(5 yrs if tax paid on gains), better invest in gold etf

 

[momrn3]

@pinfonlica Oh right, I totally forgot about liquidity in next 2 years. Sorry, OP, do not go for SGB as it has 8 year lock-in. I wouldn't recommend ETF as there is no extra returns on top of gold price increase plus it is taxed as per your income slab. You can explore gold leasing

 

[aaaaaaaaaa]

@pinfonlica If I'm not wrong, couldn't you actually sell SGB from your demat account before maturity? But the returns would be taxable?

 

[godheartsus]

@geriungurean Diversify. I understand that you dont want to take risk. But atleast take risk in 30-40% of the amount. And put the rest amount in low to zero risk portfolio.

 

[lackadaisical]

@geriungurean Let's get to the basics, maybe reconsider your risk appetite.

I suggest reading the history of good performing funds and see their track record for the last 5 years.

You can pick a safe mutual fund as well. Something along the lines of any Blue chip MF.

 

[tippie36]

@geriungurean Nowadays nothing comes without a risk or atleast rewards are close to zero without risk

 

[thistle0sifter]

@geriungurean This should help:

https://www.reddit.com/r/India_Investments/s/53PFSL7dMO

 

[josephhayes]

@geriungurean If your risk appetite is zero, then put the money in FDs. That too in major banks, and not in small finance banks. (even though your money might be ensured up to 5 lacs in all banks, it's not the same as just clicking 3 buttons and getting your money, if a small bank goes bankrupt)

That's all you can do. And yes, that means, you cannot reach your goal with 0 risk.

Any other investment comes with risks.

You need around 16-17% XIRR returns over 2 years, to turn 3 lacs into 4 lacs. And that isn't possible without risks.

 

[onisha]

@geriungurean Come on man, zero risk. You are 25. Increase your risk appetite for better returns.
Of course everyone's situation is different, so if you can take little risk, take it. Because with age, it will decrease.

 

[mikea92]

@geriungurean Gold.
Return wouldn't be that high but risk is almost zero

 

[summertt5]

@geriungurean Live in reality. Don't go behind get rich quick schemes. They do not exist.

 

[converedbtbojc]

@geriungurean On a lighter note, which liquid is this?

If it is milk, you can easily mix water in the ratio on 3:1, and sell it as pure milk.

 

[tamraho]

@geriungurean Find a Modi chamcha. Through him pay 3 Lakhs to the BJP leader. It will have to be paid in cash now that electoral bonds are gone. Get a contract worth 30 lakhs.

They have fucked the media, they have fucked the election commission, they have fucked social media. There is no risk in it.

 

[apostleoftruth]

@tamraho and no problem even if contracts product fails like bridge by MEGHA fell people lost lives or a small construction getting to build huge ladakh tunnels after paying electoral bond