How to invest 1 crore for monthly income?

With a one crore corpus, diversification is absolutely key. One must balance safety with the need for a regular income.

A prudent approach would be to allocate a substantial portion, say 70%, to high-quality fixed-income assets. Think government bonds and top-tier corporate debt funds for stability. The remaining 30% could be placed in dividend-yielding equities or a diversified index fund. This portion provides growth to help your capital outpace inflation.

To create the monthly income itself, a Systematic Withdrawal Plan (SWP) from your investments is a highly effective method. Crucially, do consult a qualified local financial advisor. They can tailor a plan specifically to your circumstances and the prevailing tax regulations in your country.