I want to start investing money every month(like SIP),but not in stocks or share market directly.
I am thinking about Fd and Tax free bonds. Can anyone give me the details about the same or some other say Best investment tools which can give decent profits in years to come(it should be liquid and also long term mayb)
AR, if you are looking at any return above 10% per annum, I don’t think there is any instrument that can offer this being completely safe. If you are happy with under 10%, I guess the best thing to do is a recurring deposit at your bank .It is like a fixed deposit, but you keep depositing money at the interval of your choice.
a good idea would be to find mutual fund consultants for advice. i haven’t got personal experience with any, so can’t suggest which one to approach. you will have to do ur due diligence on this. how it helps