Lux Investing
monthly income of indian rupees 30000 per month.Wish to know about the scheme.plan,project in which an invest?
ment of one time premium can provide me a fix income of indian rupees 30000.I would like to have information on LIC.,SBI based plans preferably.
Public Comments
- Hi, Can you be little more clear with your requirements? I guess, you want to have monthly income of Rs. 30,000, but it is not clear when? i.e. from now onwards or after your retirement. If you wish to have Rs. 30,000 per month after your retirement, then you need to accumulate certain amount till your retirement, which could be roughly (not exactly) estimated by knowing your current age, retirement age etc. details. If you need more help, then contact me at pranav_ss7@yahoo.com Regards, Pranav
- Better option is investment in Equity Diversified Mutual Funds through Systematic Investment Plan. Equity Diversified Mutual Funds are better managed than any other financial products available in market, research based, low expense, and returns can be expected at 20% CAGR (ie.Compounded Annualised Growth Return) year on year basis. http://www.freemutualfunds.com/SIP.html http://www.freemutualfunds.com/story5.html If the tenure of your investment is less than five years then you must invest in MIP mutual funds.(MIP funds invest 85% money in debt instruments and 15% in Equity instruments) you can expect 8 to 10% retuns in MIP funds. Recommended Funds are http://www.freemutualfunds.com/best-funds.html Please feel free to contact me for forms and more information at http://www.freemutualfunds.com/contact.html
