Best Investment in India for Monthly Income

If you want to receive a monthly income from your capital risk free than Various Monthly Income schemes are there for you. Here is a list.

01) Post-office Monthly Income Scheme (MIS) -

This is one of the best investment that you can do for monthly income. What you have to do is, simply visit your nearest branch of any post office in India and apply for a post office MIS. This is totally risk free.

02) Monthly Income Mutual Funds -

Well, these are the kind of hybrid funds which have higher allocation in debt and smaller allocation in Equity. These funds do not guarantee to give you monthly Income but their fund managers try very hard to give you monthly bonus/income.

03) Pension Plans -

If you are young and want to make monthly income after your retirement than the Pension Plans are for you.

04) Bank Fixed Deposits -

You can simply park your money in bank fixed deposits and earn money every month.

05) Business -

Well, I know that this will sound risky and crazy to some of you. But the Truth is that, Business is the asset class just like any other asset class in this world. You can Invest your money to start your own business which will provide you a monthly income.

06) Franchisee -

Buying a Franchisee Business can be a good monthly Income Investment. Of course, many will say that this is risky but well, I would not say it.

07) Internet Business -

This is my favourite. You Invest your money to develop a successful website, blog, forum or any other kind of web property online such as Facebook Applications or anything else. This can be a good Investment. Take the Example of this Blog. I have developed this blog out of scratch only and today I am making well above $ 100 every month from this Blog.

Thus, the above are the Best Investments for Monthly Income in India. Believe me, Non of the above is risky if you know what you are doing. So Start any one of the above and become Financially Free…!!!