Asset Allocation Queries

What are the best investment plans to get better than FD returns

I am 49 years old. I have a corpus of Rs 90 lakhs. My bank has assured interest rate of about 9.5% in FD, for a 5 year period. Can I invest somewhere to earn higher returns? I understand risk versus return, and want a high degree of assurance with regards to my principal investment. Please suggest suitable asset allocation and schemes.

Jan 5, 2014 by Ram Rajan, Mumbai  |   Asset Allocation
Since you want a high degree of assurance with respect to your principal, you can put 50% of your money in a fixed deposit. The rest should be invested in equity or a balanced fund. However, we advise you not to invest the entire amount directly in a balanced fund... Read More