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I have a LIC policy whose premium amount is Rs. 10,226. I have to pay this in every 6 months. I plan to save Rs. 2,000 p.m. to make that payment. Where i should i invest that money to get a decent return?
asked in Banks & Fixed Deposit by

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1 Answer

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6 months is a very short period to invest in equities. So, it's better to invest in your bank FD via sweep-in facility. You'll get higher interest than your regular savings account.

Hope it will help you.
answered by (48.8k points)

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