Maximising Returns: Smart Investment Strategies For Rs 5 Lakh
Last Update Date: 06-10-2026
Published by Outlook Money
Abhishek Kumar's role: Quoted
Abhishek Kumar suggested putting money needed within two to three years entirely in fixed income with no credit risk, and spreading longer-term money across asset classes in line with risk appetite.
More of Abhishek's views on money management
The article sets out ways to use a ₹5 lakh bonus. It suggests clearing costly debt first, defining goals and risk profile, and then choosing among options such as fixed income, equity SIPs, sovereign gold bonds and balanced advantage funds based on time horizon.
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Maximising Returns: Smart Investment Strategies For Rs 5 Lakh