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What is the best way to invest 10 lakhs in India?

What is the best way to invest 10 lakhs in India?

Have you invested your Rs 10 lakh in these 10 ways?

  1. Emergency funds. There can be times when you will be hit by curveballs and you need to be prepared for it!
  2. Short-term funds.
  3. ELSS funds.
  4. High growth funds.
  5. Gold.
  6. Public Provident Fund.
  7. Health insurance.
  8. Term insurance.

Which business is best in India under 10 lakhs?

To keep you ahead of others, here’s the list of few profitable business ideas under ₹10 lakhs in India:

  • Cleaning Business.
  • Catering Services.
  • Delivery Services.
  • Travel-Holiday Planner.
  • Online Store.
  • Dog Breeder.
  • Online Advertisements.
  • Spa Service. In India, the spa culture is on a rise.
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Which is the cheapest franchise to buy?

12 best low-cost franchises for aspiring business owners

  1. Cruise Planners. Franchise fee: $10,995.
  2. Fit4Mom. Franchise fee: $5,495 to $10,495.
  3. Chem-Dry. Franchise fee: $23,500.
  4. Jazzercise. Franchise fee: $1,250.
  5. Stratus Building Solutions.
  6. SuperGlass Windshield Repair.
  7. Mosquito Squad.
  8. Pillar to Post Home Inspectors.

What business can I do with 15 lakhs?

Business Ideas Involving Capital Investment of 15 lakhs

  • Gadget Store.
  • Cleaning Store.
  • An Online Store.
  • Travel Holiday Planning Business.
  • Catering Business.
  • Online Advertisement Business.

How can I convert 10 lakhs to crores?

  1. 10 lakh. = 0.1 crore. Now you know that 10 lakh is the same as 0.1 crore. Lakh and crore are used in parts of Asia to write larger numbers. = 10 lakh. = 0.1 crore. = 10,00,000.
  2. 11 lakh to crore.

What are some profitable business ideas under ₹10 lakhs?

To keep you ahead of others, here’s the list of few profitable business ideas under ₹10 lakhs in India: 1. Gadget Stores In today’s era, electronics are always in the increasing demand and a store with a good range of devices on retail and a well-informed sales staff can easily attract a lot of customers.

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What are the best business investments of Rs 10 lakhs?

Here is the list of business investment of Rs 10 Lakhs. If you can afford more you can invest upto Rs 15 Lakhs too. 1) Packing boxes and cartons – Packaging boxes and cartons have extensive use in our daily life. Things are transported from within the country or outside the country using these cartons and boxes.

What should I do with 24 lakhs of savings?

Hence, I suggest you invest the balance – Rs 24 lakh -in a fixed deposit in one of the top banks. “Assuming you earn 8\% per annum over 10 years, you could receive Rs 16,000 per month. You could sweep this interest into your savings account every month.

How much does it cost to start a manufacturing business in India?

The cost of its manufacturing machine is between Rs. 5 – 10 lakh. One of the good business under 10 Lakhs to start. 2) Optical frame manufacturing – The manufacturing of optical frames for any kind of spectacle is growing at a very fast pace.