I have 1lakhs Rs. How can invest the money in governament sector. I dont belive private banks.I dont want to take any risk by investing in share / mutual funds. I have 1 year old baby.Can any body sugest the money will get high returns................
2007-07-14 04:52:20 · 2 answers · asked by ganeshgvk 2 in Business & Finance ➔ Investing
High returns, but not stocks and mutual funds or certificates of deposit, and it isn't in dollars, but needs to be the government sector. Well, that does leave a wide open field, doesn't it?
Here's some reading material for you, then you call your broker:
2007-07-14 05:08:13 · answer #1 · answered by Rabbit 7 · 1⤊ 0⤋
Returns and safety are inversely related. Don't expect a bank to offer you high returns. In direct investment in shares there is higher risk and many ifs and buts. Mutual Fund is much safer vehicle to earn high returns; high enough to take you beyond infletionary treand.
2007-07-15 14:05:17 · answer #2 · answered by anil p 1 · 0⤊ 0⤋