The 5 best investment options in India to get high returns
NEW DELHI: How do you feel when you think that the amount you have invested will generate good returns? It looks great! Right? And, this is surely possible. One only needs to identify a good investment option that can obtain high returns. However, keep in mind that you should not expect magic in terms of the time period. A suitable investment option, the power of compound interest, a particular period of time and a little patience can generate very high profits.
Here we have listed the 5 main investment options that can help you get a good return:
Stock Exchange: In general, investments made in the stock market have given a high rate of return in a short time. However, it is a highly volatile market, therefore, one needs to have the knowledge of the fundamental and technical aspects of the stock market before investing the money to reduce the risk of losing their earned money with such effort. In addition, it is suggested that if you make investments in large-capitalized or renowned companies, you have the possibility of increasing your money over a period of 5 to 7 years.
Investment funds: There is a wide range of Investment funds available in the market such as ELSS (Equity Linked Savings Scheme), debt-oriented Investment funds , equity-oriented Investment funds , balanced or hybrid Investment funds , etc. Though there is a risk factor in investing in Investment funds as the professional fund managers make investments in different companies/sectors and different types of funds. But, the return rate of Investment funds is higher in comparison to other investment instruments. Usually, the return rate depends upon the tenure of the fund. In long-term, mutual fund investments can help you earn higher returns, subject to market risk and volatility.
National Savings Certificates: Backed by the Government of India, the National Savings Certificate (NSC) is a fixed investment savings scheme. It is a savings bond that is available at all post offices in India. If your investment appetite is not that great, then it is one of the safest investment options. The NSCs have a fixed tenure of 5 years or 10 years, and the interest rate is fixed. In addition to this, you get exemption from investment taxes of up to Rs 1.5 lakh. And, banks accept these certificates as collateral to obtain a loan.
Corporate deposits/Non-convertible obligations (ENT): NCDs or corporate deposits are also good options to grow your money faster. Several NBFCs (non-bank financial institutions) and corporations offer higher interest rates on corporate deposits and NCDs compared to bank fixed deposits. In general, the interest rate on these deposits ranges between 8 and 12 percent. Other additional benefits of NCDs include high liquidity through the stock market price, source tax exemptions and security, since these are issued by companies that have a good credit rating according to the Bank's regulations. Reserve of India.
Kisan Vikas Patra (KVP): Backed by the Government of India, Kisan Vikas Patra (KVP) is a savings certificate scheme that was launched for farmers but is now open to all. You can double your money in this scheme within a time period of 118 months that is equal to 9 years and 10 months. A minimum of 1,000 rupees is required to invest in the scheme, and there is no upper limit for the investment. In addition, the interest rate and the expiration period are subject to change depending on the announcements made by the Ministry of Finance. In addition, the investments made in the Kisan Vikas Patra scheme are fully taxable, but can be used as collateral to obtain loans.
These are some of the most common questions about money duplication schemes:
- What are the best investment options that can double my money?
If done with the right planning and at the right time, the following investment options can double your money:
- Stock Exchange
- Investment funds
- National Savings Certificate
- Corporate deposits/Non-convertible obligations
- Kisan Vikas Patra
- What are non-convertible bonds?
These are fixed income instruments issued by highly rated companies.
- Is investing in the stock market a safe option?
Although investments in the stock market are at risk, long-term investments are usually a safe bet.
- Can I lose money in a mutual fund?
The profit and loss in Investment funds depend on the performance of the stock and financial market.