I have 1 lakh amount spare. I will need it after 12 13 month . So want to park it in option which are 10 - 12% return or higher ( moderate risk, moderate return) for 1 year.i already invest 1.5L per annum in ppf.
Kindly suggest options/lumpsum sip
I will give you some options hope it clear out
1- Invest in “MobiKwik Xtra”. The Interest is paid out on a daily basis at a rate of 12% per annum. Entire or partial amount can be withdrawn on any (working) day without any fee / charges.
2- arbitrage fund will be a good option. It will give you 6-8% return and is almost as safe as FD. Also, if you keep it invested for more than 1 year… you need to only pay tax if total gain crosses 1lakh (which is unlikely )
3- On a lighter note
If you had invested it in any railway/ PSU stock you could have made 3x of that last month!
The right thing to do is now is to invest with extreme caution and right risk reward expectations. No guaranteed return in market except FD
Hope it will clear out .