Invest 1 Lakh and Get 15,000 Per Month: 7 Best Options

Investing 1 lakh rupees and getting 15,000 rupees per month is a dream come true for many people. However, it is important to remember that there is no guaranteed way to achieve this goal. The amount of money you earn from your investment will depend on a number of factors, including the type of investment you choose, the amount of risk you are willing to take, and the market conditions.

Invest 1 Lakh and Get 15,000 Per Month: 7 Best Options

In this article, we will discuss 7 investment options that can help you achieve your goal of earning 15,000 rupees per month from a 1 lakh investment. We will also provide some tips on how to choose the right investment for your needs.

Public Provident Fund (PPF)

The Public Provident Fund (PPF) is a government-backed investment scheme that offers guaranteed returns. You can invest a minimum of Rs. 500 and a maximum of Rs. 1.5 lakh per year in a PPF account. The interest rate on PPF is currently 7.1% per annum, which is compounded annually.

If you invest 1 lakh rupees in a PPF account, you will earn an interest of Rs. 71,000 over a period of 10 years. This means that you will receive a monthly income of Rs. 6,091 from your PPF account.

Equity Mutual Funds

Equity mutual funds are a type of investment that allows you to invest in a basket of stocks. This means that your investment is spread across multiple companies, which helps to reduce your risk. Equity mutual funds have the potential to generate high returns, but they also carry a higher risk than other types of investments.

If you are looking to invest 1 lakh rupees and generate 15,000 rupees per month, you will need to choose an equity mutual fund that has a high dividend yield. Some of the best equity mutual funds for dividend income include:

  • HDFC Dividend Yield Fund
  • SBI Bluechip Dividend Fund
  • ICICI Prudential Dividend Yield Fund
  • Reliance Dividend Fund
  • UTI Dividend Yield Fund

Debt Mutual Funds

Debt mutual funds are a type of investment that allows you to invest in a basket of bonds. Bonds are considered to be a safe investment, and they offer a fixed rate of return. Debt mutual funds are a good option for investors who are looking for a steady stream of income.

Some of the best debt mutual funds for monthly income include:

  • Franklin India Income Opportunities Fund
  • DSP BlackRock Income Fund
  • ICICI Prudential Dynamic Bond Fund
  • Reliance MIP Fund
  • UTI Nifty Bond Fund

Fixed Deposits

Fixed deposits (FDs) are a popular investment option for people who want guaranteed returns. With an FD, you can lock in your money for a fixed period of time, and you will be guaranteed to earn a certain interest rate.

To earn 15,000 rupees per month from an FD, you would need to invest 1 lakh rupees in an FD with an interest rate of 12%. This would give you a monthly income of 12,000 rupees.

Start Your Own Business

Starting your own business is a risky investment, but it has the potential to be very rewarding. If you are successful, you could earn much more than 15,000 rupees per month from your business.

However, it is important to remember that starting a business is a lot of work, and there is no guarantee of success. If you are considering this option, you should carefully research the industry you want to enter and create a solid business plan.

Sovereign Gold Bonds (SGBs)

Investing ₹1 lakh in Sovereign Gold Bonds (SGBs) can be a promising option to generate ₹15,000 per month. SGBs are government-issued bonds denominated in grams of gold, offering both capital appreciation and fixed interest income.

Holding these bonds for the prescribed tenure (usually 5-8 years) ensures a regular interest payout. Upon maturity, investors can redeem the bonds at the prevailing gold price. With their tax benefits and relatively low risk, SGBs can be a prudent choice for steady monthly income from your ₹1 lakh investment.

Exchange-Traded Funds (ETFs)

Investing ₹1 lakh in Exchange-Traded Funds (ETFs) can be a viable option to generate ₹15,000 per month. ETFs are investment funds that trade on stock exchanges, mirroring the performance of an underlying index or asset class.

With low expense ratios and ease of buying and selling, ETFs offer liquidity and flexibility. However, like all investments, ETFs carry risks, and thorough research is crucial to selecting the right ones for your financial goals and risk tolerance.

Conclusion: Investing 1 lakh and getting 15,000 per month is a challenging but achievable goal. By carefully choosing the right investment options and managing your risk, you can increase your chances of success.

Tips for Choosing the Right Investment Options: Consider your individual circumstances and risk tolerance. Do your research and choose investment options that have a track record of good performance. Diversify your portfolio to reduce your risk. Rebalance your portfolio regularly to ensure that it is still aligned with your goals.

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