Which mutual fund gives highest return?

Which mutual fund gives highest return?

These funds invest in debt and money market instruments of maturity between 3 to 6 months.

  • ICICI Prudential Ultra Short Term Fund.
  • Mahindra Manulife Low Duration Fund.
  • Aditya Birla Sun Life Savings Fund.
  • Kotak Savings Fund.
  • SBI Magnum Ultra Short Duration.

What is a corpus used for?

corpus, plural corpora A collection of linguistic data, either compiled as written texts or as a transcription of recorded speech. The main purpose of a corpus is to verify a hypothesis about language – for example, to determine how the usage of a particular sound, word, or syntactic construction varies.

Is 35 lakhs a good salary in India?

To sum up, 35 lacs is just ok for a big city. You can easily burn 1 lac plus in India in household expenses if you wish to live lavishly (and I am assuming no debts to be paid back).

How do I set up a corpus fund?

To achieve this you have to invest in a mixture of equity oriented funds such as small, mid and large cap. Alternatively, you may just go with large & mid cap funds and/or multi cap funds. Currently, you are investing in a multi cap and a small cap fund.

How can I make 15 lakhs in 3 years?

For example, assuming an annual return of 6.5 per cent, you should invest around Rs 37,650 every month to create a corpus of Rs 15 lakh in three years. Assuming an annual return of 8 per cent, you need to invest around Rs 36,750 for the next 36 months to create your target corpus.

How can I save 20 lakhs in 3 years?

You will have to invest around Rs 50,000 per month to generate Rs 20 lakh at the end of 36 months, assuming pre-tax return of 7%. However, if you can extend your investment horizon by a few of years, then you may opt for a mix of a large-cap and hybrid aggressive fund (earlier known as balanced funds).

Is it worth to buy 1 crore flat?

It is worth buying flat of more than 1 crore if you want the following things: Luxury: People who have that much money usually desire a luxury lifestyle, want to have the best amenities in their society. People buy luxury property just to convert black money into white.

How do you make a corpus of 1 crore in 5 years?

To build a corpus of Rs 1 crore, you will have to invest a lump sum of around Rs 65 lakh now, assuming 9% return. The amount that you will need to invest to realise your goal will increase with time. The first tranche of Rs 20 lakh can be split between equity and debt investments in a 70:30 ratio.

Is GST applicable on corpus fund?

Therefore the amounts collected towards Corpus / Sinking Fund do not form part of consideration towards supply of services at the time of collection and hence is not liable to GST, at the time of collection.

Can I buy a house with 40000 salary?

Take a homebuyer who makes $40,000 a year. The maximum amount for monthly mortgage-related payments at 28% of gross income is $933. ($40,000 times 0.28 equals $11,200, and $11,200 divided by 12 months equals $933.33.)

What is written corpus?

A corpus is a collection of texts, written or spoken, usually stored in a computer database. Like written corpora, spoken corpora show us how language is used in real life and in many different contexts.

How can I earn 1 crore in 5 years Quora?

The above figures suggest that if you receive average annual returns of 10% on your investment, you will have to invest Rs. 1.29 lakh monthly in mutual funds via SIPs to accumulate a corpus of Rs. 1 crore in 5 years.

How can I earn crores in a year?

The easiest way to make 1 crore is to Sell information products. The steps to becoming a Crorepati is to be a market leader in a Micro Niche and building a following of people who will pay you for your information. You can literally start from zero and by the end, you will have your own profitable business.

At what salary should I buy a house?

You can always upgrade to a bigger house when your income rises five-ten years down the line. The thumb rule that people should follow while buying a house is that their home loan EMI should not be more than 35-40% of monthly net income.

How much money do I need to invest 2 crore in 15 years?

Assuming an annual return of 12%, you should invest around Rs 39,650 every month to create a corpus of Rs 2 core at the end of 15 years.

How can I convert 10 lakhs to crores?

  1. 10 lakh. = 0.1 crore. Now you know that 10 lakh is the same as 0.1 crore. Lakh and crore are used in parts of Asia to write larger numbers. Here is how to write it with numbers: = 10 lakh. = 0.1 crore. = 10,00,000.
  2. 11 lakh to crore. Go here for the next number of lakhs on our list that we have converted to crores.

How do you get 1 cr in 3 years?

You will have to contribute nearly Rs. 2.22 lakhs per month to be able to reach Rs. 1 crore in 3 years at 15% annual CAGR. That kind of monthly SIP is possible only if you are in the really high-income group and have plenty of surplus funds to invest.

How do Indians multiply money?

Here are some options to double your money:

  1. Tax-free Bonds. Initially tax- free bonds were issued only in specific periods.
  2. Kisan Vikas Patra (KVP)
  3. Corporate Deposits/Non-Convertible Debentures (NCD)
  4. National Savings Certificates.
  5. Bank Fixed Deposits.
  6. Public Provident Fund (PPF)
  7. Mutual Funds (MFs)
  8. Gold ETFs.