Q. I would like to invest Rs. 1 lakh into different sources. Kindly throw some light on investments which would yield high returns and are safe.
Answer: Risk and return go hand in hand; higher the risk, higher the return. If you are in the lowest tax bracket and looking primarily for safety, you can look at Fixed Deposits. If time is not a constraint, you can look at PPF or insurance as well. However, riskier investments like Equities, are the instruments that give high returns over a longer tenure. One’s investments should always be done keeping in mind one’s goals and risk profile.
Shweta, Certified Financial Planner