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I Have 10 Lakh Rupees Where to Invest?

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0 2024-10-09T09:29:05+00:00

I was able to save a good amount of money after working for a decade and wanted to invest around Rs 10 lakh and enjoy a good return on investment from it in the future. Since I wasn't sure how to utilise the money well, I consulted with several people about where to invest 10 lakhs and was able to get my answer. Among all, I found REIT to be the best option but there are more so let me just share them all.

If I Have 10 Lakh Rupees Where to Invest?

Here are some suggestions on where to invest your 10 lakhs:

  • REITs (Real Estate Investment Trusts): Investing in REITs will offer you a steady income through dividends and growth potential. They are linked to high-quality commercial and retail properties and are also traded on stock exchanges. They give you the flexibility to buy or sell without hassle. 

  • Mutual Funds: Opt for equity or hybrid mutual funds for a professionally managed and diversified investment. This will also help you reduce risk by spreading your money across different assets.

  • Fixed Deposits: FDs are risk-free and provide stable returns, making them ideal if you prefer a safe investment, although returns may be lower.

  • Stocks: Investing in stocks is worth considering if you’re comfortable with risk, as they represent large, stable companies with good growth potential.

  • Gold ETFs: Investing in Gold ETFs is a good option, especially during market ups and downs, and can be bought and sold in smaller amounts for flexibility.

I hope I have answered or rather suggested good options for your query if I have 10 lakhs where to invest.

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