What Is The Best Investment Option In India?

What is the best investment option today?

1) 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. PPF account holders can invest up to Rs 1.5 lakh in a financial year while the minimum deposit required is Rs 500.

Which is the best and safest investment in India?

Public Provident Fund (PPF) PPF is considered one of the best option for safe and high return investments in India. The PPF offers a high-interest rate and the interest earned on the contributed amount and the returns are tax exempted under the Income Tax.

Where should I invest my money?

Stock Market If you have a clear understanding of stocks, then they are the best way to generate good returns. You need to identify stocks which are trading at a price which is lower than its actual value. Then you should buy small quantities of such stocks and create wealth over the long term.

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How can I get rich in 50000 a month?

Some of the popular investments are PPF, FD, EPF and even mutual funds. To get Rs 50,000 a month, you have to accumulate a sizeable amount. Some of the investments which help you accumulate a sizeable corpus are PPF, Fixed Deposits, Mutual Funds particularly equity mutual funds. Let’s narrow down two investments.

Can sip make you rich?

If you invest just Rs 10,000 per month in an equity fund through SIP for 30 years, you can accumulate a corpus of Rs 3.53 crore. The power of compounding grows wealth and makes you rich. Actual returns vary depending on the markets and the fund.

How can I double my money in 5 years?

Double Money in 5 Years If you want to double your money in 5 years, then you can apply the thumb rule in a reverse way. Divide the 72 by the number of years in which you want to double your money. So to double your money in 5 years you will have to invest money at the rate of 72/5 = 14.40% p.a. to achieve your target.

What are the 4 types of investments?

There are four main investment types, or asset classes, that you can choose from, each with distinct characteristics, risks and benefits.

  • Growth investments.
  • Shares.
  • Property.
  • Defensive investments.
  • Cash.
  • Fixed interest.

How can I become rich?

To build wealth you need to have some fundamentals in place:

  1. Money mindset is everything.
  2. Millionaires still budget.
  3. Money management is key.
  4. Invest your money for growth.
  5. Build your business around your personal financial goals.
  6. Create multiple income streams.
  7. Don’t check out.
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How can I grow my money in India?

Let us look in detail at some of the best investment options available in India for growing your money:

  1. Fixed Deposits (FD)
  2. Mutual Funds.
  3. Mutual Funds.
  4. Direct Equity.
  5. Post Office Saving Schemes.
  6. Bonds.
  7. National Pension Scheme (NPS)
  8. National Pension Scheme (NPS)

Is FD good or bad?

#2: FDs are taxable, which further reduces the net amount you earn. Compared with equity mutual funds, long-term returns are taxed at 10% for holding period more than 1 year, on gains more than Rs 1 lakh. FD interest is taxable at your current tax slab. The higher your income, the lower your FD return will be.

Where should I invest lump sum in India?

Invest the lump sum in a liquid fund. Then start a Systematic Transfer Plan (STP) from the debt fund to the ELSS. Your corpus will not only earn higher returns than a savings bank account but will also allow for systematic investment.

What is the best investment in India 2020?

Q:What are the best investment options available for saving in India?

  • Debt Mutual Funds.
  • SIP and ULIP Funds.
  • National Pension System.
  • Public Provident Fund.
  • Bank Fixed Deposit.
  • RBI Taxable Bonds.
  • Gold/Silver.
  • Real Estate Investment.

What is the best way to earn money?

Tips and tricks for the best and easy way to earn money online in India.

  1. Research. Do your research very well so that you don’t end up wasting your time on a fraud company.
  2. Keep patience.
  3. Know your requirements.
  4. YouTube.
  5. Online shop through Instagram/ Facebook.
  6. Become a Subject Expert.
  7. Freelancer.
  8. Online tutoring.
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How can I get a 15 return on investment?

The 15*15*15 rule says that one can amass a crore by investing only Rs 15,000 a month for a duration of 15 years in a stock that offers 15% returns per annum. 5

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