How can I double my money in 1 year in India?

How can I double my money in one year in India?

Here are some options to double your money:

  1. Tax-free Bonds. Initially tax- free bonds were issued only in specific periods. …
  2. Kisan Vikas Patra (KVP) …
  3. Corporate Deposits/Non-Convertible Debentures (NCD) …
  4. National Savings Certificates. …
  5. Bank Fixed Deposits. …
  6. Public Provident Fund (PPF) …
  7. Mutual Funds (MFs) …
  8. Gold ETFs.

How can I double my money in a year?

Here are five ways to double your money.

  1. 401(k) match. If your employer offers a match for your 401(k) contributions, this can be the easiest and most guaranteed way to double your money. …
  2. Savings bonds. …
  3. Invest in real estate. …
  4. Start a business. …
  5. Let compound interest work its magic.

What is the best investment for 1 year in India?

Fixed Deposit

Fixed deposits (FDs) are one of the traditional investment options in India. If you have a lump sum at your disposal, then you can invest that in fixed deposit. FDs offer an attractive interest rate and is much higher than what a regular savings bank account provides.

How can I legally double my money?

Speculative ways to double your money may include option investing, buying on margin, or using penny stocks. The best way to double your money is to take advantage of retirement and tax-advantaged accounts offered by employers, notably 401(k)s.

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How can I double my 10k fast?

How to Double 10k Quickly. Doubling your money by investing is very similar to turning 10k into 100k, but it will oftentimes be much quicker. To double your money, I recommend many of the same investments like index funds, real estate, or starting a small business.

How can I make money with 50k?

Here are ten ways to invest 50k.

  1. Invest with a Robo Advisor. One of the easiest ways to start investing is with a robo advisor. …
  2. Individual Stocks. Individual stocks represent an investment in a single company. …
  3. Real Estate. …
  4. Individual Bonds. …
  5. Mutual Funds. …
  6. ETFs. …
  7. CDs. …
  8. Invest in Your Retirement.

How can I double 1000 rupees?

The rule says that dividing 72 by expected annual return will give you a time when your money will get double. Imagine, if you invest Rs 1,000 and the expected annual return is 10 per cent then the money will get double in 72/10 =7.2 years.

How can I multiply money fast?

How to Multiply Your Money

  1. Invest in the Stock Market. When trying to learn how to double your money, investing in the stock market is the best way to increase your wealth over the long-term. …
  2. Invest in Real Estate. …
  3. Open a Savings Account. …
  4. Lend Your Money to Someone Else. …
  5. Pay Off Debt.

Where can I park my money?

Here are a few of the best short-term investments to consider that still offer you some return.

  1. Savings accounts. …
  2. Short-term corporate bond funds. …
  3. Money market accounts. …
  4. Cash management accounts. …
  5. Short-term U.S. government bond funds. …
  6. Certificates of deposit. …
  7. Treasurys. …
  8. Money market mutual funds.
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Is LIC policy a good investment?

Is LIC Plan a good investment? Yes, LIC offers best life insurance plans. If you are looking for investment and protection option under one product, you can consider Endowment or Unit Linked Investment Plan (ULIP) as per your risk appetite and financial objectives.

Where can I invest for a year?

Investment plan for 1 year

  • Fixed Deposit. A bank fixed deposit (FD) is a secure preference for making an investment for a year. …
  • Fixed Maturity Plans. A fixed maturity plan (FMP) is a close-ended debt mutual fund. …
  • Arbitrage Mutual Fund. …
  • Post Office Deposits. …
  • Recurring Deposits. …
  • Debt Funds.