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FloatingUnicorn
FloatingUnicorn
30mo
by
Stealth

What to do with 6 lack

I have 6 lack saved after ,I been working for 1.5 yrs after my college . I wanted to know about some passive income scheme where I'll get monthly some money 5k .

Any idea on where to put 6 lack to get pass8ve income?

30mo ago
SquishyPancake
SquishyPancake
Stealth
30mo

Go to stable money app, get a senior citizen from your family, make them open an FD in Utkarsh SFB for 9.1%. U will make 4.5k per month. Upto 5 lakhs is guaranteed by the govt insurance company in case bank fails.

FuzzyNoodle
FuzzyNoodle
Stealth
30mo

SUPERb

MagicalQuokka
MagicalQuokka
Stealth
30mo

5 lakhs in a good FD, 1 lakh split in stable mutual funds

PrancingCoconut
PrancingCoconut
Amazon
30mo

Keep 3-4L in bank FD as an emergency fund. Invest rest in indexes (N50, NN50), ELSS MFs. If you have time then you can DYOR and get individual stocks

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