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Can investing Rs 5 lakh in a Fixed Deposit be a smart passive income strategy?

  • Fixed Deposits (FDs) can be a smart passive income strategy.
  • Investing Rs 5 lakh in an FD can provide monthly interest payouts.
  • The monthly interest earned depends on factors like interest rates, tenure, and payout type.
  • Investors should consider high interest rates, diverse FDs, and smart strategies to maximize earnings.

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