I just got 1 lac money, want to invest this amount in good returns yielding investment. So can you please suggest which investment is good for this? I can retain that money untouched for a minimum period of 5 years (and if possible 10 years. I do not want to touch the amount, I want max returns).
Bennu-There is a lot of difference between 5 years of investment to 10 years of investment. Hence, first make up your mind about how long you want to invest. Then we discuss about products and all.
basuji , thanks for the response , it is for 10 years
Bennu-In that case use a equity oriented mutual fund like HDFC Balanced Fund. This one fund is enough.