How to invest Rs 5 lakh for 1, 3, 5 and 10 years to maximise returns and save tax
Got Rs 5 lakh sitting around and not sure where to invest it for a short or a long term in a tax-efficient manner? ET Wealth Online spoke to financial experts to figure out the best ways to invest that Rs 5 lakh over 3, 5 and 10 years. The experts shared insights on the financial products best suited for these time frames, how to allocate your assets, what returns to expect and the strategies for saving on taxes. Let’s dive into these expert recommendations-
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What can be the corpus one can generate from investing Rs 5 lakh for 3, 5 and 10 years?
Experts presented their calculations for all three investment horizons.
Manish Kothari’s, CEO, ZFunds, investment calculations for 3, 5 and 10 years
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