Which government saving scheme is best?
Best Indian Government Schemes
- Sukanya Samriddhi Yojana (SSY)
- National Pension Scheme (NPS)
- Public Provident Fund (PPF)
- National Savings Certificate (NSC)
- Atal Pension Yojana (APY)
- Pradhan Mantri Jan Dhan Yojana (PMJDY)
- PMVVY or Prime Minister Vaya Vandana Yojana.
- Sovereign Gold Bonds.
Which government scheme has highest interest?
Comparison table
Scheme | Duration | Rate of Interest* |
---|---|---|
Senior Citizens Savings Scheme | 5 years | 7.4\% p.a. |
Kisan Vikas Patra | 124 months (10 years and 4 months) | 6.9\% p.a. |
SSY | Until the girl child turns 21 years or she gets married after 18 years of age Contribution Period: 15 years | 7.6\% p.a. |
Atal Pension Yojana (APY): | 20 years | N/A |
Should you invest in equequity mutual funds?
Equity mutual funds are ideally meant for investors who have a limited idea about which stocks to invest in due to either lack of time or knowledge. An equity investment made through mutual funds features limited exposure to a specific company share and allocates its assets to a number of companies operating in various sectors.
What are the benefits of an equity investment?
The main benefit from an equity investment is the possibility to increase the value of the principal amount invested. This comes in the form of capital gains and dividends. An equity fund offers investors a diversified investment option typically for a minimum initial investment amount.
Why do mutual funds invest in debt instead of equities?
In order to control the illiquidity downside of equity investment, many mutual funds retain the option of investing a portion of their assets in various debt and money market instruments that feature a higher level of liquidity as compared to equities.
What is the Sahi way of investing in equity?
The ‘Sahi Way of Investing in Equity’ takes into account the investor’s knowledge and experience in investing and the size of the portfolio. However, any good process for investing in equities must ensure that they stay invested and let compounding do its magic.