{"id":635,"date":"2024-04-18T07:29:21","date_gmt":"2024-04-18T07:29:21","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=635"},"modified":"2026-03-21T20:38:17","modified_gmt":"2026-03-21T20:38:17","slug":"i-have-inr-10-lakhs-and-i-want-to-have-a-monthly-income-what-is-the-best-investment-to-make","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/18\/i-have-inr-10-lakhs-and-i-want-to-have-a-monthly-income-what-is-the-best-investment-to-make\/","title":{"rendered":"I have INR 10 lakhs and I want to have a monthly income. What is the best investment to make?"},"content":{"rendered":"

With \u20b910 lakhs, aiming for a consistent and risk-adjusted monthly income requires a strategic approach. Here’s a suggested plan:<\/p>\n

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  1. High-Interest Savings Account or Fixed Deposits:<\/strong> While interest rates are relatively low, parking a portion (e.g., \u20b92 lakhs) ensures liquidity and earns some interest.<\/li>\n
  2. Monthly Income Schemes (MIS) from Post Office:<\/strong> Investing a portion (e.g., \u20b93 lakhs) can provide stable monthly income, though the returns are in the range of 6-7%.<\/li>\n
  3. Debt Mutual Funds with Systematic Withdrawal Plan (SWP):<\/strong> Allocating around \u20b92.5 lakhs in high-rated debt funds and setting up an SWP can provide a regular monthly income. They tend to offer better post-tax returns compared to FDs.<\/li>\n
  4. Dividend Yielding Stocks:<\/strong> Invest in stocks of well-established companies known for paying consistent dividends. While \u20b91 lakh might not fetch a huge dividend, it’s a start and offers potential capital appreciation.<\/li>\n
  5. REITs (Real Estate Investment Trusts):<\/strong> REITs invest in commercial real estate, generating rental incomes. With \u20b91 lakh, you can expect dividends (usually paid semi-annually) and potential price appreciation.<\/li>\n<\/ol>\n

    Key Points to Remember:<\/strong><\/p>\n