Search for the Best Investment Options in India

Posted by Mansi Negi
1
Aug 11, 2015
273 Views

You have worked hard to get the salary of your choice at the end of the month. There are possibilities of savings and investments. Don’t hesitate to invest your money in secured options such as fixed deposits, insurance policies or PPFs.

Why take fixed deposits as an investment option?
Banks are the most obvious ways of investing money. You may choose to invest in a fixed deposit scheme that will allow you to incur an interest over a period of time. The tenure of an FD or a fixed deposit for locking your money depends upon you. You may incur a higher interest rate for a longer tenure and a lower one for a shorter period. This is one of the best investment options in India due to the attractive interest rates.

Investing in insurance policies
Amongst the best investment options in India are insurance policies. This is the best way to secure the health of you and your family in any eventuality. Sometimes, life’s uncertainties take the better of us, we are unsure about the future. Financially, we need to make sure that there is something to fall back on in times of emergencies. That is why insurance policies need to be taken for you and your family. This is the one of the best investment insurance options in India that allows one to secure the financial and physical health of the family.

Why choose PPFs or public provident funds?
Another attractive mode of investing is the PPF at bank. The rate of interest attached to a PPF is always attractive to those who fall under the higher tax brackets. The highest interest rate with PPF has been 9% for investing in a period longer than 15 years. In the current scenario of uncertain market trends, this is the best option to go ahead with.

No matter what the best investment options in India may be, choose the one that seems most attractive. Investing in FDs and PPFs will give you attractive sums at the end of the tenure, but insurance policies give you interim benefits for medical emergencies and consultations.

[Source: https://tackk.com/1cp0k1]

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