Can I invest 50 lakhs in post office?
How much interest will I get for 50 lakhs?
50 Lakhs Bajaj Finance Fixed Deposit between the tenors of 36 and 60 months, you will receive an interest rate of 6.60%. This means that the monthly interest payouts will be Rs. 27,500. For a senior citizen, the same fixed deposit will carry an interest rate of 6.83% and thus provide around Rs.
How can I earn monthly from 50 lakhs?
To create a corpus of Rs. 50 lakhs, you need to invest ₹40,000 per month through SIP over the next 7 years assuming 12% CAGR returns on the investment. It is observed that the equity delivers superior return over a longer time horizon.
How can I invest 40 lakhs?
Invest your surplus of ₹40 lakh in the direct plans of these funds — Tata Index Sensex Fund or HDFC Index Sensex Fund; Mirae Asset Emerging Bluechip Fund or Parag Parikh Flexi Cap Fund; and Kotak Small Cap Fund or Axis Small Cap Fund — through (systematic investment plan) SIPs of one year in the ratio of 40:40:20.
How long would it take to save 50 lakhs?
You need to invest Rs 22,000 every month for 10 years to create Rs 50 lakh. We have assumed an annual return of 12%. Here are our recommended schemes.
Can I deposit 50 lakhs in my current account?
Deposits in Current Accounts : Cash deposits or withdrawals aggregating to Rs 50 lakh or more in a financial year in one or more Current Account of a person will have to be reported by the bank to the I-T authorities. … (ii) Rs 2.5 Lakh or more, in one or more accounts (other than a current account) of a person.
Can I deposit 50 lakhs in my account?
“The tax laws require banking companies to report cash deposits and withdrawals of Rs 10 lakh or more in bank accounts, other than current or time deposit accounts, on a regular basis during the year to the tax department as a part of SFT. … This limit is Rs 50 lakh and more in case of current accounts.
Should I invest 50% of my income?
Use the 50/30/20 budget rule as a starting point…
One popular method for budgeting — the 50/30/20 rule — recommends dividing your after-tax income as follows: 50% for needs, 30% for wants and 20% for savings and paying off debt.
How can I get a 50 return on investment?
If you pay less than ten dollars let's just say you pay a price of two dollars that means you're now getting a 50% return on a stock.
What would you invest 50k in?
Here are ten ways to invest 50k.
- Invest with a Robo Advisor. One of the easiest ways to start investing is with a robo advisor. …
- Individual Stocks. Individual stocks represent an investment in a single company. …
- Real Estate. …
- Individual Bonds. …
- Mutual Funds. …
- ETFs. …
- CDs. …
- Invest in Your Retirement.
Where should I invest 25 lakhs to get monthly income?
You may consider the following funds:
- HDFC / UTI Nifty Index Fund.
- Mirae Asset Large Cap Fund.
- Parag Parikh Flexicap Fund.
- UTI Flexi cap Fund.
- Canara Robeco Emerging Equities Fund.
- Kotak Equity Opportunities Fund.
How can I make 40 lakhs in 5 years?
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What will be value of 25 lakh after 20 years?
Taking an average of 25 lakh as the amount of higher studies today, Sunil can know what it will cost 20 years into the future by using the above formula. i is the annual interest rate. Applying the formula, the cost of higher studies after 20 years will be : 20 lakh (1+0.09)20 that comes to 1.12 crores.
How can I make 1cr in 1 year?
Here are a few ideas which made more than 1 crore.
- Start a blog and build your audience.
- Affiliate marketing.
- Sell a Course and leverage it by Live training, workshop, mastermind and personal mentorship.
- Write several Books.
- Dropshipping.
- Software as a service.
- Build an App which helps 10 lakh people.
- Freelance Expert.
Can you make 1 crore from stocks?
1 crore by investing around Rs. 20,000 a month. It is quite possible, but it would not happen overnight. You will need to make investments in a disciplined manner and stay invested for the long term.