<p>I’m looking for ways to generate a stable monthly income from ₹1 Cr.</p>
<p>For context:</p>
<p>I already have investments in the stock market, which I don’t plan to touch for the next 5–10 years.<br>This ₹1 Cr is additional capital meant purely for income generation.</p>
<p>Personal situation:</p>
<p>Recently moved back to India from Canada with my wife<br>Living with my father and grandfather<br>No loans/liabilities<br>Family already owns assets like a Fortuner, tractors, and agricultural equipment<br>Most household expenses are taken care of by my father</p>
<p>So this income is mainly for lifestyle spending (movies, travel, activities, etc.).<br>No kids yet.</p>
<p>What I’ve explored so far:</p>
<p>Corporate Bonds (~10–11% yearly)<br>→ Monthly payouts available, but seems risky<br>Fixed Deposits (~7.5–8% yearly)<br>→ Safer option with monthly interest<br>→ Planning to split into ₹5L chunks across banks to stay within DICGC cover<br>→ Considering joint FDs with family members across 2–3 banks</p>
<p>What I’m looking for:</p>
<p>Safe / low-risk options<br>Regular income (monthly preferred, quarterly acceptable)<br>Capital protection is priority over high returns</p>