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Abhishek Dev |53 Answers |Ask -Follow

Financial Planner - Answered on Sep 14, 2023

Question by RUBY on Jun 23, 2023

Money

I have approx 3 lakhs for 3-4 years. what should I do to make it grow?

Ans: We don't know your risk appetite, but you can consider investing in Equity Largecaps. Assuming ~12% return, your corpus can grow to ~Rs. 6.3 lacs. Investing in multi-asset funds also can be a good option since time horizon is little less to go all into equities.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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