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If you’re looking for the best investment opportunity in India to invest 15 lakhs for monthly income, especially in the realm of fixed income.
Investing 15 lakhs for monthly income is a significant financial decision that can provide you with a stable source of funds to support your lifestyle, plan for retirement, or achieve your financial goals.
In this comprehensive guide, we’ll explore various investment strategies and options that can help you make the most of your 15 lakh rupees to generate a reliable monthly income.
If you’re looking for the best investment opportunity in India to invest 15 lakhs for monthly income, especially in the realm of fixed income, consider exploring the real estate market. One particularly enticing option within this domain is structured debt investments, with a specific focus on the commercial real estate sector.
These structured debt investments in real estate entail customized financing solutions tailored to suit commercial real estate projects. They present investors with the prospect of potentially securing attractive returns and regular income streams.
What’s notable is that entry into this investment avenue is accessible with a relatively modest initial investment of 10 lakhs, and it holds the potential to yield returns ranging from 12 to 20%. These investment opportunities are made available through well-established alternative investment platforms like Assetmonk.
Where to Invest 15 Lakhs for Monthly Income
When considering how to invest 15 lakhs for monthly income, various investment options can be explored. Here are some strategies and choices to consider:
1. Real Estate Investment Trusts (REITs)
REITs are an attractive option for generating monthly income. These investment vehicles pool funds to invest in income-generating real estate properties and distribute a significant portion of rental income as dividends.
| Tenure | No fixed tenure. |
| Minimum Investment: | Typically ranges from Rs. 10,000 to Rs. 15,000. |
| Maximum Investment | No specified limit. |
| Risk | Moderate-high |
| Return | Varies by specific REIT, with Mindpsace REIT reporting an average return of 8.11%. |
| Taxation | The dividend is subject to tax. |
| Tax Benefits | Capital gains from REIT units held for over three years may qualify for long-term capital gains tax benefits. |
2. Systematic Withdrawal Plans (SWPs)
SWPs offer a way to generate consistent monthly income from mutual fund investments. Regular withdrawals can be set up, providing a steady income stream while allowing flexibility.
| Tenure | No fixed tenure. |
| Minimum Investment: | Typically starts at Rs. 500 to Rs. 1,000. |
| Maximum Investment | No specified limit. |
| Risk | Moderate-high |
| Return | Usually in the range of 11% to 14% |
| Taxation | Subject to Capital Gains Tax. |
| Tax Benefits | No specific tax benefits |
3. Monthly Income Plans (MIPs)
MIPs are known for providing stable fixed income investments. These hybrid mutual funds primarily focus on debt securities and offer regular monthly distributions to investors.
| Tenure | The duration varies based on the specific plan and financial institution. |
| Minimum Investment: | Typically ranges from Rs. 5,000 to Rs. 10,000 or more. |
| Maximum Investment | No specified limit. |
| Return | Usually in the range of 11% to 14% |
| Taxation | Subject to Capital Gains Tax. |
4. Debt Mutual Funds
Professionally managed debt mutual funds allocate assets into fixed-income securities like government and corporate bonds. They aim to provide a stable income stream with lower market volatility compared to equity funds.
| Tenure | No fixed tenure |
| Minimum Investment: | Varies |
| Maximum Investment | No defined limit |
| Risk | High |
| Return | Typically in the range of 6% to 9%. |
| Taxation | Subject to Capital Gains Tax |
| Tax Benefits | No specific tax benefits |
5. Equity Investments
Investing in equity investments can provide an opportunity to secure reliable monthly income. These companies distribute earnings to shareholders at regular intervals.
| Tenure | Varies |
| Minimum Investment: | Varies |
| Maximum Investment | No specified limit. |
| Risk | High |
| Return | Historically in the range of 7% to 12%. |
| Taxation | The dividend is subject to tax. |
| Tax Benefits | Long-term capital gains on equity investments may be tax-exempt. |
6. Fixed Deposits
Fixed deposits (FDs) are a reliable choice for generating a steady monthly income. They offer safety, predictable returns, and various tenure options.
| Tenure | Available from 7 days to 10 year |
| Minimum Investment: | Starts at Rs. 1,000. |
| Maximum Investment | No defined limit. |
| Risk | Low |
| Return | Approximately 3% to 6%. |
| Taxation | Interest is taxable |
| Tax Benefits | No specific tax benefits |
7. Post Office Monthly Income Scheme (POMIS)
POMIS is a secure and low-risk investment avenue that ensures a consistent monthly income stream for investors.
| Tenure | Fixed at 5 years |
| Minimum Investment: | Rs. 1,500 |
| Maximum Investment | Up to Rs. 4.5 lakh for a single account and Rs. 9 lakh for a joint account. |
| Risk | Low to moderate |
| Return | Historically in the range of 6.6% to 7.3%. |
| Taxation | Interest is taxable |
| Tax Benefits | No specific tax benefits |
8. Real Estate Structured Debt
Real estate structured debt is an appealing option for those seeking a stable monthly income. It involves lending capital to real estate projects and receiving regular interest payments, offering attractive yields and lower volatility compared to equities.
| Tenure | 3 years |
| Minimum Investment: | Rs. 10 lakhs |
| Maximum Investment | No defined limit. |
| Risk | Low to None |
| Return | Typically in the range of 12% to 20%. |
| Taxation | Interest is taxable |
| Tax Benefits | Eligible for tax benefits |
9. Unit Linked Insurance Plans (ULIPs)
ULIPs combine insurance and investment. Some ULIPs offer the flexibility of partial withdrawals after a lock-in period, potentially providing a monthly income stream.
| Tenure | Typically 5 years |
| Minimum Investment: | Rs. 1,500 |
| Maximum Investment | No defined limit. |
| Risk | Moderate to High. |
| Return | Approximately 12% |
| Taxation | Tax-free after 5 years (EEE status). |
| Tax Benefits | Tax deduction under Section 80C |
These investment options provide diverse strategies for generating monthly income from your 15 lakhs. Consider your financial goals, risk tolerance, and investment horizon when making choices to align with your specific needs and circumstances.
Best Options to Invest 15 Lakhs for Monthly Income
| Investment Option | Yield | Returns | Tax Implications | Volatility | Security |
| REITs | 5.5%-7.5% | 8.11% (Mindpsace REIT) | Taxation on dividends | Moderate to High | No guarantee |
| SWPs | Varies | 6-8% | Taxation on gains | Moderate to high | No guarantee |
| Monthly Income Plans | Varies | 11-14% | Taxation on gains | Low | Diversified Portfolio |
| Debt Mutual Funds | Varies | 6-9% | Taxation on gains | Moderate to high | Diversified Portfolio |
| Stocks | Varies | Varies | Taxation on dividends | High | No guarantee |
| FDs | Vraies | 4-8% | Interest income taxable | Low | Bank Guarantee |
| POMIS | Varies | 7.1% | Interest income taxable | Low | Sovereign Guarantee |
| Real Estate Structured Debt | 12-20% | 12-20% | None | Low-None | Backed By Real Estate |
| ULIPs | Varies | 12% | None post 5 years | Medium to High | Diversified Portfolio |
Bottom Line
Investing 15 lakhs for monthly income is a prudent financial strategy that can provide financial security and peace of mind. By diversifying your investments across various asset classes and staying informed about market developments, you can create a robust portfolio that generates a reliable monthly income. Remember that financial goals and circumstances vary, so consult with a financial advisor to tailor your investment plan to your specific needs. Start your journey toward financial independence and a consistent monthly income today by making informed and strategic investment decisions with your 15 lakh rupees.
Assetmonk is a dedicated alternative investment platform that provides investors with exceptional alternative investment choices backed by real estate. These investment products not only promise a solid IRR of 17% but also come with asset-backed security and a convenient exit strategy. Carefully curated from India’s thriving private markets, these investment opportunities are overseen by a trustee registered with SEBI. With a minimum investment of just 10 lakhs, you can enjoy the advantages of stress-free investing and attractive high returns.
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FAQs
Q1. How to invest 15 lakhs for monthly income?
A. You can invest 15 lakhs for monthly income in FDs, ULIPs, debt mutual funds, POMIS, PPF, and NSC. These ensure you a monthly regular income.
Q2. How to make money from 15 lakhs?
A. The best way to make money from 15 lakhs is via real estate structured debt. Real estate structured debt involves lending capital to real estate projects, often through bonds or debt instruments, and receiving regular interest payments. Especially via alternative investment platforms like Assetmonk, you can invest with just Rs. 10 lacs for 36 months and get an assured IRR of 17%.
Q3. How to invest 15 lakh rupees for monthly income?
A. You can invest 15 lakhs for monthly income in a combination of fixed deposits, dividend-yielding stocks, and Systematic Withdrawal Plans (SWPs) in mutual funds, and real estate structured debt for a diversified monthly income portfolio.
Q4.How to invest 40 lakhs for monthly income?
A. To generate monthly income from 40 lakhs, consider investing in rental properties, a mix of bonds and debentures, dividend stocks, and mutual funds with SWPs. Diversifying these options can provide a stable income stream.
