Best savings options in india
These days, everyone is looking for high return investment options in India. While there are several investment plans, one can choose high return investment options based on tenure, risk appetite and liquidity and taxation point of view.
Which are the top high return investment options in India? In this article, I would help to analyze some of the best high return investment options to invest in India. Here one should look at several parameters before considering it as a high return investment option.
Investment option can vary from a person to person who want to invest for 1 year or 10 years. A high risk person can invest in stocks, but a low risk investor cannot. Hence, one should check whether it fits his or her best savings options in india appetite. High return investment option of investing in Stocks may not always fit for everyone. If you are investing your emergency money or short term investment, liquidity should be high priority.
Investment in bank FD Vs investment in tax saving FD schemes would depend whether you are looking for taxation point of view. One of the best high return investment is investing in Midcap and small cap mutual funds. Midcap and small cap mutual funds invests in midsized or small sized companies which have potential to grow money in short to medium term. Investors who can invest medium to long term of 5 to 10 years can consider this as one of the best investment options to get high returns.
You can look for high return company FD schemes and invest in them. Here are some best savings options in india the top company FD schemes. Company FD schemes carry high risk. Investors who are willing to take high risk and best savings options in india to invest money for short to medium term of 1 to 5 years can invest in these high return company FD scheme s. Investment in direct stocks would give high returns. An investor can invest in stocks that fits with warren buffet principles and expected to give superior returns in India.
High risk investor willing to invest in a medium to long term tenure of 5 to 10 years can look Stock investment as a high return investment option. Non Convertible debentures are issued by companies for medium to long term funding requirement. If you have missed to subscribe them you can buy them from the secondary market like any other stockhowever they might be available at some premium.
This is a new emerging investment option. In this an individual instead of investing in fixed income schemes, they would lend money to a person who needs it. These are being best savings options in india by some of the P2P lending best savings options in india like faircent etc.
I would cover more info about Peer 2 Peer Lending in coming weeks, giving complete facts, pros and cons of this best high return investment option. One of the best savings options in india way to get higher returns best savings options in india your investment option. However, this is one of the high risk investment options as it depends on borrower who need to repay your money back along with interest.
If you are looking for tax saving along with growing your money, then the best way to get higher returns is to invest in top ELSS funds. If you are looking to invest in fixed income investment option, instead of investing in bank FD, you can look for debt funds. For medium term of 1 year to 5 years, short term and long term debt funds can give you high returns. I have been investing in short term to long term funds and in last 1. This is the smart way to invest your funds.
Now in this year, new tax free bond issues are offering only around 7. Consider investing in tax free bonds either by direct issue or from secondary market which are available at some premium rates now. These can help you to get high tax free returns in India. Post office MIS offers fixed returns per month for 5 years. One of the good investment option to get monthly best savings options in india income. If you are in low tax bracket and low risk best savings options in india and want to invest lump sum and get fixed returns per month, you can look for this option.
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February 20, at Leave a Reply Cancel reply Your email address will not be published.
Find out its features, rate of interest and other benefits. It is important to know and a understand a few things before selecting your financial planning advisor. EPF forms an important part of a working individual's savings. It is important to know all fineprints of the EPF. Retirement planning is one of the most crucial part of our financial planning.
Knowing the best ways to plan for retirement is important for all of us. It is important for all of us to know the right investment best savings options in india while best savings options in india retirement money investment. Portfolio diversification is a crucial part of investment. Find how a diversified investment portfolio will reap you better results.
It is important to know all the basic principles of investment before one takes that final step of beginning to invest. To know about the best investment options in India and to identify the risky and risk-free asset classes read on. The options open to NRIs in India is also discussed best savings options in india this article. This article provides information on how kisan vikas patra works.
Read on to know about its investment procedure in Kisan vikas Patra along with its factors and features. This site is meant for informative purposes only. Please consult the website of the concerned mutual fund or any other relevant source for exact information.
If there is any error in information on this site, kindly bring it to our notice by sending us a Feedback. Here is all about Small Saving Schemes, how to invest and the best small saving schemes in India.
Post Office Savings Schemes at a Glance There are a number of best savings options in india schemes offered by Post Offices for different types of investors. Things to Remember While Selecting Your Financial Advisor It is important to know and a understand a few things before selecting your financial planning advisor. Best Ways to Best savings options in india for Retirement Retirement planning is one of the most crucial part of our financial planning. Where to Invest for Retirement?
Why is Long Term Investment Important? Find here why experts advice long term investment strategy. Basic Investment Principles for Beginners It is important to know all the basic principles of investment before one takes that final step of beginning to invest. Investment Options in India To know about the best investment options in India and to identify the risky and risk-free asset classes read on.
Please suggest me in detailed? If u have any short term plan please suggest. Please suggest me in details about this. I am 24 years old and am earning monthly.
Please suggest me the investment options suitable for me. I am 30 years male my monthly income is about INR 10, Please suggest me a good investment plan in which i can have better return in short span of time. I am 32 years old M. I am 32 years male my monthly income is about INR 12, Hi, I am 25 years male my monthly income is about INR16, Please suggest me a good investment plan in which i can have better returns in short span of time. I want invest one time But varible Product.
I best savings options in india 45 years male from Bangalore. Would like to invest some amount monthly. I would like 2 invest some amount every month; plz suggest some good return scheme. Want to invest avg 2K per month for short term. Suggest me best option
Smart investors would save tax by investing in best tax saving options and get higher returns too. Which are the Top and Best tax saving investments options available in in India to save tax under income tax act 80C and beyond? What are the Best tax saving plans available for salaried employees and business men? Which are the good tax saving investment options in that helps you save tax and provide amazing returns to you?
Top 10 Mutual Funds for which can create good wealth in medium to long term. Top 2 — Public Provident Fund. Interest rates on PPF account which was favorite once upon a time are reduced year on year even now.
However, this is still one of the best investment option to save income tax in India now. Top 3 — Sukanya Samriddhi Account Scheme. This is one of the old and best investment plan to save income tax under section 80C of IT act.
This tax saving scheme provides assured returns for Senior Citizens. Principal amount is safe as they are backed by Government. This tax saving scheme is for new investors.
Voluntary provident fund is the contribution from employee to his best savings options in india fund account. However, there is no bound from employer to contribute to this VPF. In Tier-1, you cannot withdraw your investment before retirement. Means, your money would be locked till retirement excluding certain conditions where you can withdraw. However, this can be a good retirement tool to accumulate retirement corpus amount.
National Saving Certificate is issued by Post offices and principal along with interest is backed up by the Govt. Hence, these are safe investment options. Top 12 — Life Insurance Plans. Taking a Life insurance is first step in a financial planning.
Top 13 best savings options in india Home Loan Principal Repayment. If you still not brough your dream home, you can go for one now and get tax exemption on home loan principal repayment Interest is exempted from tax upto Rs 2 Lakhs which is covered in next point.
You are eligible for tax exemption for the repayment you make towards your home loan principal. If you do not have home, you can consider this as priority and get tax exemption too. Top 14 — Interest on Home Loan — Section You can take home loan and claim interest on home loan rebate upto Rs 2 Lakhs best savings options in india and above Rs 1.
However, the only condition is that it should be self occupied property. You cannot claim such exemption on rented properties. If you are first time home buyers, you can claim an additional rebate of interest on home loan upto Rs 50, per financial year until you repay the amount. Top 16 — Pension Funds. Pension funds provide with an income stream post retirement. They have Deferred Annuity and Immediate Annuity.
These top 16 tax saving schemes would help you to invest under section 80C up to Rs 1. You need not consider all options. You can consider some of these tax saving investments which are best suitable to best savings options in india based on your investment tenure, risk appetite and features indicated here.
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March 15, at Leave a Reply Cancel reply Your email address will not be published.