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1. I have 18 Lac Rs to invest & dont have any other income.
2. I want returns of around 15,000 per month.
3. I think investing those wholesum money in 'SBI Gold ETF' is a proper step.
4. Can any of you suggest any better option, or this is the best one.

PLEASE REPLY....!!!
asked in Misc. by

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1 Answer

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Thanks for positive feedback.

Investing in Gold ETF is good for long term capital appreciation and not to get monthly income. I suggest you to invest some amount in Gold ETF via SIP for long term. For monthly income, invest in post office MIS scheme. That will give you monthly income without fail.

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

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