Where we should invest one lakh in india to be double i.e. two lakh and how much time its possible?

Question

i want double my money i.e. one lakh to two lakh. in India.

i need opinion in this matter , for it what should we do.

and if you know then please tell how it possible and how much time?

Answer 1

Invest in landed property ,its safe and trust worthy.

Answer 2

it looks like that u donot want to double your money, u want to loose it. dont fall for any such scheme. in normal banking fixed deposits it would take about 8 years to double your money by way of compount interest. do not fall for any double your money schemes

Answer 3

Invest in mutual fund using SIP

http://shaktibanna.blogspot.com/2008/07/...

Answer 4

Invets now and it will double in 3 years.

dont panic. stay invested.

Answer 5

You only seem to want to double your money; however, you have not stated your time horizon.

Therefore, keeping safety of your capital in mind and given that you may or may not have much knowledge of the investment environment; we would recommend a fixed deposit or a recurring deposit in a bank.

Sincerely,

Akash

http://www.narachinvestment.com

Answer 6

Invest in good company stocks - in stocks of large cap companies like Reliance industries, RCOM, BHEL etc.  You can get the money doubled within one year from now.

Answer 7

invest in any mutual fund, more or less 3-5 years.

Answer 8

I suggest to get into Reliance Capital Shield plan, which will give you 100% capital guarantee and 16% of absoulte returns. But the tenure will be minimum of 6 months. If you are interested pls. do mail me [e-mail]. Closing date 30-07-2008