Investments are all about increasing your money within a certain stipulated period. Many of the investment options available in the market involve higher risks. Therefore, it is necessary that you invest smartly and plan your investments to get the most out of them.
In today’s volatile market conditions, it is essential to invest in schemes that provide you high returns with minimal market risks. You can also evaluate the time it takes to generate high returns. Best Low-Risk Investment Options If you are looking for best investment options that can generate decent returns at lower risks, here are a few options for you: Fixed Deposits Fixed deposits are the safest investment schemes offering guaranteed returns. Furthermore, if you choose company fixed deposits, you get the benefit of higher returns than banks. For example, when you invest in Bajaj Finance Fixed Deposits, you get stable returns with flexible tenor, and online account management. Mutual Funds Mutual Funds also help you earn higher returns. You can divide your investments into different funds across multiple companies, to benefit from portfolio diversification. Grow your mutual fund portfolio, slowly and steadily, by starting a monthly Systematic Investment Plan (SIP) starting with lower amounts. Public Provident Fund Public Provident Fund (PPF) is a tax-free government investment scheme in India. The PPF scheme was launched by the government to encourage the spirit of savings among Indian citizens. Launched in 1968, PPF is a smart investment that can save taxes. Along with saving taxes, you can also get a return of 7% per annum. Investment Options for Senior Citizens Senior citizens get the additional advantage of periodic returns that substitute their monthly income. There are a number of smart investment schemes for senior citizens that provide better returns at minimal risks. Retirement doesn’t mean that your money needs to stop growing. To prevent any high-order changes to your investment strategy, you must choose some of the best investment options to keep your money safe, and ensure stable returns. Here are a few investment options to ensure a safe retirement: Post Office Monthly Income Scheme Post Office Monthly Income Scheme (MIS) offers assured returns every month on your deposit. The period of maturity for this scheme is 5 years. The most important benefit of the Post Office MIS scheme is that it is not affected by inflation and continues to give you fixed returns. Pradhanmantri Vaya Vandana Yojana Pradhanmantri Vaya Vandana Yojana (PMVVY) for senior citizens offers guaranteed returns at 8% interest rate. Operated by Life Insurance Corporation (LIC), PMVVY is one of the most trusted smart investment schemes for senior citizens in India as it yields fixed returns along with tax benefits. Financiers like Bajaj Finance also offer higher interest rate of up to 8.75% on Fixed Deposits, for senior citizens. This makes Fixed Deposits a must-have in your investment portfolio, because of the safety, flexibility and stable returns. The returns that you can get from the individual schemes mentioned above will depend on when you start investing. If you are in your early phase, you can afford to invest in long-term investment plan according to your financial condition and how soon you want the returns. You can also consider opting for pre-approved offers by Bajaj Finserv, where all you have to do is share some basic details and your money is ready for you. Get some of the best offers on loans, cards, EMI Network and more. Check your pre-approved offer here.
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About Author:Aman is working in the domain of Investment management in one of the top universities. He has published research papers and case studies in Investment and Fixed Deposit marketplace. He is an avid blogger in the domain of Investment management. you can also find him on social networking platforms. Archives
August 2022
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