A few safe investment options include certificates of deposit cds money market accounts municipal bonds and treasury inflation protected securities tips. Tenure 5.
10 best safe investments in india.
How to invest money safely in india. For example some deposits like bajaj. Looking to invest and get daily returns. A traditional approach to india if you want typical vanilla etf exposure to india then the ishares india 50 etf is a great way to get it.
That s because investments like cds and bank accounts are backed by the federal deposit insurance corporation fdic for up to 250 000. These ktdfc deposits are one of the safest investment options for indians currently. The equity mutual funds have generated consistently higher returns.
Mutual funds are the safest and the most convenient way of investing in the markets when you do not have the time and expertise. Now there are many ways to save money and cut costs but the place where i see most people get tripped up is investing their money. In my opinion the best places to invest or keep your money right now due to coronavirus are in 1 gold and silver 2 cash in a safe in your home 3 a maximum of 250 000 in fdic insured banks 4 farmland 5 affordable rental properties or 6 paying off your home.
I ll also talk about helpful financial tips during these tough times. 3 small saving schemes like nsc ppf etc they are like. That s why two personal finance experts and i just released the new investing episode of our friends talk money.
The etf tracks an index of 50 of the largest companies in. Tenure 6 months to 10 years expected return 8 9. 1 saving bank 4 percent year lol pretty safe not enough to beat inflation 2 fd 6 25 year taxable can t even beat the inflation rate actually your money get eroded by presenting you the.
Do not miss below posts sukanya samriddhi account mobile app download investment prospective 2014 20 investment options tenure. How to invest safely during covid 19. What is the safest way of investing money in india.
It has a life of 15 years with partial withdrawals allowed of the corpus at various points. With funds like l t india value mirae asset india and icici prudential blue chip delivering 3 years return in the range of 14 to 18. Public provident fund is one of the most common and trusted investment plans in india.
It pays interest rate annually and requires a minimum investment amount of rs 500 per annum. Company deposits are also safe if you invest in the aaa rated deposits. Tax saving fixed deposit.
Well listen to this there is a very simple formula to become financially free it is to save as much as you can and then invest that money in income producing assets to live on without depending on income from employment.