Finding an investment avenue for Rs.10 Lakh that provides adequate return in a short periods is challenging . This guide provides insights from financial experts on the best approach for investing Rs. 10 lakh.
Judicious Allocation
Nikhil Aggarwal , CEO at Grip, suggests a judicious allocation across a spectrum of investment avenue.
Diversification Key
Diversifying between equities, fixed income instruments and avenue like bonds , CRE can target an average annualised return of around 8-10%.
Emerging Sectors
Investing in growing sectors like technology or sustainable energies can potentially yield exponential gains.
Equity Rewards
Equity is considered one of the most rewarding asset classes to bet on.
Risk Tolerance
Investors with different risk appetites should allocate accordingly between equities and debt.
Quality Mutual Funds
Investing in quality equity mutual funds helps to diversify unsystematic risks.
Investment Horizon
It's vital to determine the investment time horizon before selecting funds.
Index Funds
Many experts endorse index funds as a low-cost option for long-term investments.
Age Factors
Age plays a crucial factors in investment decisions.
Gold Investments
Gold serves as a valuable diversification tool within an investments portfolie.