Which scheme is best for lumpsum investment?
What Are the Best Mutual Funds for Lumpsum Investment?
Fund Name | Fund Category | 5 Year Returns |
---|---|---|
Quant Tax Plan | ELSS | 23.92\% |
PGIM India Flexicap Fund | Flexi-cap Funds | 20.62\% |
Mirae Asset Emerging Bluechip Fund | Large and Midcap Funds | 21.74\% |
PGIM India Midcap Opportunities Fund | Midcap Funds | 21.42\% |
Will I get dividend if I invest in mutual funds?
Mutual fund distributions are classified according to the type and character of the distribution. Thus, mutual funds can pay interest, dividends, and/or capital gains via distributions, which will determine the amount of tax you have to pay.
What investments give a 10\% return?
Top 10 Ways to Earn a 10\% Rate of Return on Investment
- Real Estate.
- Paying Off Your Debt.
- Long-Term Stocks.
- Short-Term Stock Trading.
- Starting Your Own Business.
- Art snd Other Collectables.
- Create a Product.
- Junk Bonds.
How much dividend will I get from mutual funds?
2. Top Dividend Yield Funds
Mutual fund | 5 Yr. Returns | 3 Yr. Returns |
---|---|---|
UTI Dividend Yield Fund. | 16.81\% | 19.25\% |
ICICI Prudential Dividend Yield Equity Fund – Direct Plan – Growth | 15.56\% | 18.91\% |
Principal Dividend Yield Fund – Direct Plan Growth | 18.43\% | 18.87\% |
Aditya Birla Sun Life Dividend Yield Fund – Direct Plan – Growth | — | 18.43\% |
Which is the best mutual fund for one time investment?
Below are some of the best mutual funds one can consider for one time investment:
- ICICI Prudential Bluechip Equity Fund – Direct – Growth.
- Mirae Asset Emerging Bluechip Fund – Direct – Growth.
- Reliance Large Cap Fund – Direct – Growth.
- Axis Focused 25 Fund – Direct – Growth.
- Tata Equity P/E Fund – Direct – Growth.
How can I invest in bulk money in mutual funds?
There are two ways to invest this amount:
- Start a monthly SIP of an amount that you are comfortable with, and this could be Rs 10,000, Rs 20,000, or Rs 50,000. Let the money stay in your bank account till all of it gets invested systematically in the chosen equity funds.
- Invest the lump sum in a liquid fund.
Which is the best investment for 5 lakhs in India?
5 Best Options For Those Looking To Invest Upto Rs 5 Lakhs 1 Shares of Coal India 2 Fixed Deposits of Mahindra and Mahindra 3 IDFC First Bank
Should I invest Rs 24 lakh in equities or fixed deposits?
While your long investment horizon should make equities an attractive option, the ‘monthly income’ requirement restricts your ability to absorb market fluctuations. Hence, I suggest you invest the balance – Rs 24 lakh -in a fixed deposit in one of the top banks.
What should I do with 24 lakhs of savings?
Hence, I suggest you invest the balance – Rs 24 lakh -in a fixed deposit in one of the top banks. “Assuming you earn 8\% per annum over 10 years, you could receive Rs 16,000 per month. You could sweep this interest into your savings account every month.