Question: what is the best way to invest 5 lakhs in india?
Answer: Fixed deposit: For low risk investment a fixed deposit in Indian Banks or NBFCs is very good and safe option for investment which offers you anywhere between 6-9% interest per annum, depending on institute and scheme. ... 
Post Office Monthly Income Scheme (POMIS): ... 
Mutual funds: ... 
Equity markets: ... 
Real estate: