What is the best way to invest Rs. 2 lacs over a period of 5 years in India?
Open a demat and trading account.
Buy the following shares:
1 share of Eicher Motors or Bosch
Divide remaining fund into 18 lots of Rs. 10,000 and invest equi-weight in the below stocks.
- Ultratech Cement
- Kotak Mahindra Bank
- Punjab National Bank
- Tata Steel
- Tata Communication
- PC Jewellers
- Kansai Nerolac
- Capital First
You should be ending your 5 years with at least Rs. 6 lacs. Your money can double in 2–3 years on a good bull market.
Review your portfolio once every 6 months.
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