Most Sought-After Investment Options in India

For any investor, picking the right investment instruments which are safe and yet offer the highest returns is of primary importance. Barring one or two, most investment options have their own set of risks, the extent of which varies. Some of the most sought-after investment options in India are -

Mutual Funds

This is the investment option for people who are looking for good returns but are ready to take risks. The involved risks are because of the fact that mutual funds are linked to the dynamics of the market. If you are unsure about how to invest or how much to invest, then hire a mutual fund expert. Another option would be to go for SIPs which allow small amounts to be invested each month.

Provident Fund (PF)

This is availed for sure by those who are salaried. It is backed by the government and is not subject to market risks. Additionally, you get tax benefits of up to Rs. 1.5 lakh and the interest (of around 7.6%) is tax-free too.

To avail this option, you need to make a minimum monthly contribution of Rs. 500 and a maximum of Rs. 1.5 lakh is allowed. However, Provident Fund has a lock-in period of 15 years before which you cannot withdraw the accumulated amount.

Fixed Deposits (FDs)

Except for FDs, rest almost every other investment option has risks or has a long and pre-defined lock-in period. While FDs also have a lock-in period, the same can be chosen by us when we decide to invest. There are a number of lenders including Non-Banking Financial Institutions (NBFCs) who offer attractive interest rates on FD of up to 8.75% and 9.10% for senior citizens.

You can also look forward to a lot of benefits such as online processing and account maintaining, low investment of Rs. 25000 and minimal documentation.

For knowing more about Fixed Deposits, make sure that you visit the website of a few lenders to have more idea.

Read more about the Investment option in Nagpur