Need A Financial Product Forums Trading/Investments How to make 6 lakhs from Rs. 18,000 monthly savings

This topic contains 1 reply, has 2 voices, and was last updated by  Vicky Mehta 1 year, 11 months ago.

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    Vicky Mehta

    After 30 months, I expect a financial requirement of Rs. 6 lakhs. At the most, I can save Rs. 18,000 per month. With that level of saving, I will be able to accumulate Rs. 5, 40,000 in 30 months. But I will still fall short of Rs. 60,000. Please suggest me a way by which I can make the available amount equal to the required amount. I am not in favour of taking risk and investing in equity and mutual funds.


    Hitesh Jain

    Why don’t you invest the amount in recurring deposit or fixed deposit? It will fetch you 9% p.a. interest.

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