The return is not mounted — to that extent it isn’t entirely predictable. We suggest this contemplating your age and skill to take risk. Please notice that no market-linked product might be predictable.
If you have to earn cash as a scholar, one of the best is for you to do an element-time job, likely online in the present scenario, linked along with your area of examine. Other than this, it’s not a clever option to try to do inventory buying and selling to earn cash till such time you have enough savings of your own. When you could have such financial savings, begin a combination of recurring deposit for shorter periods of 1-2 years and open a PPF account to deposit some savings in it.
A.It is good to know that you just want to learn and earn. There is plenty of material on the Internet to learn up on financial planning. You can even learn good books like ‘Let’s discuss Money’ and Retire Rich’.
These early habits will inculcate disciplined savings. You can then slowly venture into different investment products. A.Considering the short period of funding, simply put money into FDs or liquid funds. Any different type of investing for this time-frame, especially equity market investing, can be writ with dangers. For one yr at greatest, you can start a recurring deposit or use ultra-short debt mutual funds.