Seven investment options worth considering before March 31st
Equity Mutual Funds
Diversify your portfolio by investing in equity mutual funds tailored to your risk appetite and financial goals. Systematic Investment Plans (SIPs) offer a disciplined approach to regular investing.
Credit:
Canva/Pinterest
Fixed Deposits
Explore fixed deposits (FDs) offered by banks or NBFCs for a fixed tenure, providing a secure avenue to earn guaranteed returns.
Credit:
Canva/Pinterest
Public Provident Fund (PPF)
PPF is a tax-saving investment with a 15-year lock-in period, offering attractive interest rates and tax benefits under Section 80C of the Income Tax Act.
Credit:
Canva/Pinterest
National Pension System (NPS)
NPS is geared towards retirement planning, enabling contributions in equity, debt, and government securities with tax benefits under Section 80CCD.
Credit:
Canva/Pinterest
Sovereign Gold Bonds (SGBs)c
Invest in SGBs issued by the government to gain exposure to gold without physical possession, offering an interest rate and potential capital appreciation.
Credit:
Canva/Pinterest
Direct Equity
For investors with a good understanding of the stock market, consider investing directly in stocks of fundamentally strong companies for long-term growth.
Credit:
Canva/Pinterest
Real Estate Investment Trusts (REITs)
REITs provide an opportunity to invest in income-generating real estate assets, offering dividends and potential capital appreciation without owning physical property.
Credit:
Canva/Pinterest
View More Web Stories