“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?
If you approach any financial advisor/planner for advice on where to invest your money, one of the first questions posed by them would be if you are comfortable investing in riskier avenues for better appreciation of your wealth. Some of the well established financial planning outfits would also have you fill up a risk profiling questionnaire asking questions like how would you react if you lose money on your investments etc. to find out how much risk you would be willing to take in order to get better returns on your investments. In other words, they are trying to understand your risk appetite.