Here we come up with the top 10 best investment options in India :-
1. Public Provident Fund :-
It is the safest and secure long-term investment product amongst the best investment options in India. It is totally tax-free. Under the PPF account opened in bank or post office the money get locked for the time of 15 years and you can earn compound interest from this account. You can also extend the time frame for the next five years. The only drawback of this PPF account is you are only allowed to withdraw your investment at the end of 6th year. In case you need it, you can take a loan on the balance of PPF account.
The current interest rate for years 2016-2017 is 8.1%pa.
2. Investing a Mutual Fund :-
People who want to invest in equities and bond with a balance of risk and return generally choose to invest in mutual funds. Nowadays investing in stock markets through a mutual fund is a market trend. One of the best investment options in India is a mutual fund for a long time by systematic investment plan (SIP). This investment plan will definitely give a much better return compared to any other investment option in the market.
3. Direct Equity or Share purchase :-
Make sure you know how to analyze a share stock before going to buy direct equity or share. It is the best amongst the list of top 10 best investment options in India for the long period of time. If the investment is for a long time, for example, more than 15 years, it is somewhat sure that there will be higher return.
4. Real Estate Investment :-
One of the fastest growing sectors in India is real estate, holding the huge prospects in major sectors like housing, commercial, hospitality, manufacturing, retail and more. Buying a flat or plot is the best decision amongst the investment options. The risk is very low because the rate of property increases within 6 months.
5. Investing in Gold in Various Ways :-
Gold is one of the oldest and evergreen investment products, as the value of gold increases quickly.
If you are looking for a gold investment option you can simply opt for any gold investment format like gold deposit scheme, gold ETF, Gold Bar, Gold mutual fund etc. gold investment can benefit in the short period of time.
6. Post Office Saving Schemes :-
This is the best in top 10 best investment options in India that ensures the highest return, there is a monthly income plan of Post Office Saving Schemes is very suitable for retired people with regular income requirements. This government saving scheme does not have any risk-related factor but the interest is quite low.
- Requirements and Benefits
Interest rate wef 1.4.2016 is 7.80% payable monthly per annum (multiples of 1500/-)
- Maximum investment limit-
Single account Rs 4.5lacs
Joint account Rs 9lacs
Minimum eligibility age 10 and above (can be opened in the name of minor or by minor)
Single account can be converted to joint and vice versa.
7. Company Fixed Deposits :-
Company FDs are very beneficial in comparison to the bank FDs as it gives higher rate interest. Make sure you select the investment period very carefully as it is not allowed to withdraw money before maturity. The corporate fixed deposit schemes are not under any insurance benefits and neither it is under the control of the Reserve Bank of India. Company Fixed Deposits is one of the top 10 financial investment options in India. So investors who are willing to invest for long term and can bear some amount of risk can opt for company FDs.
8. Initial Public Offerings (IPO) :-
IPOs is once in a lifetime opportunity as it happens only once in every company. It is very attractive if launched by the good and reputed company. There are some unique risks associated with them. The lack of information links some uncertainties with IPOs. It’s a long term investment option with low risk.
9. Unit Linked Insurance Plans :-
It is also known as ULIPs, which falls under the list of top 10 best investment options in India. It invests in debt and equities markets. The fluctuation is counted by the net asset value (NAV). It is not very known but, plays an important role investment market.
10. Invest in Bonds :-
If you feel uncomfortable in investing in mutual funds and direct equity market investments, then you can try investing in bonds. Investing in bonds can be one of the best investment options since there are many good bonds which actually provide a high rate of return on investments. There are bonds that are under the regulation of government, for example, a bond for 10 years which is currently giving a rate of interest of 7.70%.
So, think, research, understand and decide the best saving investment option to stabilize your future.
Note :- Answer inspired by google.
BY ABHIRAM DAPKE
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