“Is there any place I can invest and get a minimum fixed 12 % return per annum?”

As a financial planner, I often get such queries from people – friends/acquaintances/clients. There are others who read about some new public offer for investment plans or ULIPs  that offer attractive bonuses/ guaranteed return etc and want to check if their claims are authentic.  If someone were to tell them that there are indeed such schemes, I am sure the majority of them would invest.  And why not? What can be better than a fixed return with no risk of losing your capital?

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