How can I invest my savings in India?
Here is a look at the 10 investment avenues Indians look at while saving for financial goals.
- Direct equity.
- Equity mutual funds.
- Debt mutual funds.
- National Pension System.
- Public Provident Fund (PPF)
- Bank fixed deposit (FD)
- Senior Citizens’ Saving Scheme (SCSS)
- Pradhan Mantri Vaya Vandana Yojana (PMVVY)
What is the best way to invest your savings?
Overview: Best investments in 2021
- High-yield savings accounts. A high-yield online savings account pays you interest on your cash balance.
- Certificates of deposit.
- Government bond funds.
- Short-term corporate bond funds.
- Municipal bond funds.
- S&P 500 index funds.
- Dividend stock funds.
- Nasdaq-100 index funds.
What is the safest way of investing money in India?
Bank Fixed Deposit (FD) Bank FDs are considered as one of the safest investment options in India as there are hardly any instances of a bank defaulting on FD.
What are the best mutual funds to invest in India?
Franklin India Bluechip Fund is first best mutual fund in large-cap category. If you look at fund performance, this fund has given consistent positive returns to investors in last six years. This fund is managed by experienced fund manager Mr.Anand Radhakrishnan.
Which is a better investment option in India?
Unit Linked Insurance Plan (ULIP) Unit-linked insurance plans are considered as one of the best investment options in India.
Which is the best investment policy in India?
Public Provident Fund (PPF) Traditionally considered to be among the best and safest investment modes in India,PPF is one of the most popular small savings scheme.