Before looking to 5 best investments in India first look why should people need to do investments. Investments is a medium from one can increase there income and let the Money work for them. One more reason is money is inflated every year like if you have ₹100 in 2018 then value of ₹100 in 2019 will less than the 2018.
Here are some best investments in India.
1. Public provident fund (PPF)
Public provident fund one of the best vehicle of investments. It provide 8.1% interest Per Annum with no tax liability. It can be opened from banks after filing required form Initial amount is need to deposit is ₹1,00 only.
Return 8.1% p.a.
Tax No tax liability
Initial Amount ₹1,00
Annual Deposit Amount ₹5,00 to ₹1,50,000
Period of Deposit 15 years
Withdraw Every year after year 7
Full Amount Withdraw At maturity
2. Gold ETF's
Gold ETF's is an exchange traded fund (ETF) which is similar to gold. It is in paper form which is listed in stock exchanges like shares. It can be buy minimum one unit which is equal to 1 gram. It is very beneficial than physical gold because there is no need to worry about storage, Locker, Stolen etc.
It can be buy anytime by stock market. Here anytime means when stock market is open.
Return Depends on gold prices
Tax law tax liability than Physical gold
Period No limit
Withdraw Anytime as gold
Secure It is listed in stock exchanges it is very secure
Purity It represent 99.5% pure gold
3. Mutual fund
Mutual fund are unit which money is invested by professional in stocks. There are many types of mutual fund are available in market some are Equity oriented fund, Debt oriented fund, Hybrid fund.
Equity oriented fund means most of the fund money is invested in Equity shares. Debt oriented fund means most of the money of the fund is invested in Debenture and bonds. Hybrid fund means Equity and Debt both.
Return 10% to 12% p.a.
Tax ELSS (Equity Linked Saving Scheme) provide Tax deduction
Period Different from Funds to Funds
Withdraw At maturity
4. Post office monthly income account (POMIS)
POMIS is one of the best investment for people who want risk free return on monthly basis. It can be easily open through any post office
Return 7.8% p.a. Risk free
Period 5 years
Tax Interest is taxable
Withdraw After 5 years
Maximum 4,50,000(single), 9,00,000(joint)
amount deposit
5. Real estate
Real estate one of the best investment in India it increases constantly over a period and it has law risk. Basically investment in real estate is done on the intention of earning rental income and gain in value increasing over a period.
Disclaimer- Information provided above only for knowledge before investing in any of them please check
Here are some best investments in India.
1. Public provident fund (PPF)
Public provident fund one of the best vehicle of investments. It provide 8.1% interest Per Annum with no tax liability. It can be opened from banks after filing required form Initial amount is need to deposit is ₹1,00 only.
Return 8.1% p.a.
Tax No tax liability
Initial Amount ₹1,00
Annual Deposit Amount ₹5,00 to ₹1,50,000
Period of Deposit 15 years
Withdraw Every year after year 7
Full Amount Withdraw At maturity
2. Gold ETF's
Gold ETF's is an exchange traded fund (ETF) which is similar to gold. It is in paper form which is listed in stock exchanges like shares. It can be buy minimum one unit which is equal to 1 gram. It is very beneficial than physical gold because there is no need to worry about storage, Locker, Stolen etc.
It can be buy anytime by stock market. Here anytime means when stock market is open.
Return Depends on gold prices
Tax law tax liability than Physical gold
Period No limit
Withdraw Anytime as gold
Secure It is listed in stock exchanges it is very secure
Purity It represent 99.5% pure gold
3. Mutual fund
Mutual fund are unit which money is invested by professional in stocks. There are many types of mutual fund are available in market some are Equity oriented fund, Debt oriented fund, Hybrid fund.
Equity oriented fund means most of the fund money is invested in Equity shares. Debt oriented fund means most of the money of the fund is invested in Debenture and bonds. Hybrid fund means Equity and Debt both.
Return 10% to 12% p.a.
Tax ELSS (Equity Linked Saving Scheme) provide Tax deduction
Period Different from Funds to Funds
Withdraw At maturity
4. Post office monthly income account (POMIS)
POMIS is one of the best investment for people who want risk free return on monthly basis. It can be easily open through any post office
Return 7.8% p.a. Risk free
Period 5 years
Tax Interest is taxable
Withdraw After 5 years
Maximum 4,50,000(single), 9,00,000(joint)
amount deposit
5. Real estate
Real estate one of the best investment in India it increases constantly over a period and it has law risk. Basically investment in real estate is done on the intention of earning rental income and gain in value increasing over a period.
Disclaimer- Information provided above only for knowledge before investing in any of them please check
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