The conversation between human and AI assistant.
Want 6-7 lakhs rupees till December 2016 with an investment capacity of 15000/month. What should I do? I do not want to risk my money or delay for good return
I have a low risk tolerance and would prefer a safe investment.
Understood. One option could be to consider a fixed deposit with a reputable bank. This would offer you a low risk investment with a decent return. Alternatively, you could also explore investing in mutual funds or SIPs, which have the potential to offer higher returns but also involve higher risk. Would you like me to recommend any specific schemes or products?