A lot of questions come into the mind when it comes to investment options in India. When asking for anyone regarding investment the response is either basic or null because in India there are only a handful of people who know the value of investment and rest still consider it as taboo. Most people consider market investment as gambling due to its risk.
Investment is very important because you will get some future security as well as money to achieve the goals. The next genuine question which pops up in the mind “What is the best investment option available in India?” so, that security and the financial cushion will be created for the present as well as for the future. If you are a young and salaried person in India then it is the right time to invest because it will give investment amount a decent time to grow. There are a plethora of investment options for salaried employees, as this list is not only limited to salaried employees it can extend to any profession.
Let’s call out the best available and secure investment option in India, but before proceeding further we need to clear a few points:
- Always invest in your spare money.
- High risk is directly proportional to the return.
- Always give investment a good amount of time.
1. Mutual Funds
Mutual funds are always subject to market risk, but the risk factor is very low when you invest in good performing and potential portfolios. It gives higher returns when invested in the long-term. The analysis is very important before going for the investment, the fund manager background, his/her expertise matters a lot.
2. Public Provident Fund (PPF)
PPF is one of the best and long-term investment options available in India. A public provident fund or PPF account can be opened in any bank or at the post office, as it is tax-free. Your invested money is locked for 15 years. You will earn the compound interest on the invested money. The only drawback with the PPF investment is you can withdraw the invested money at the end of the 6th year.
3. Real Estate Investment
As we all know real estate business is always one of the fastest-growing sectors. It is always advisable to buy a flat, plot, or anything that you think will give you a higher return in the future as the property rate always goes up due to its demand. The demand for the property will be always at a peak soon due to several social and environmental factors.
4. Post Office Monthly Income Scheme (POMIS)
In this mode of investment, the invested amount is saved and regulated by the post office in India. In this scheme, people can save money monthly and this scheme is backed by the Government of India. An Indian citizen can open a post-office MIS account and save money monthly. You can also open a joint account and money can be earned in the form of monthly interest.
5. Initial Public Offerings (IPO)
It can simply understand a new company or an existing company offers a share to the public to become investors in their company. The performance of the company increases its share price in the stock market which benefits its investors.
It is never late for investment as it acts as the future financial security. Always find the best available option to invest in.