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Old April 19th, 2016, 12:27 PM
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Join Date: Nov 2011
Default Re: Best Way For Investment In India

The average Indian is always on the lookout for Best Investment Options and Plans to park his money. He wants to save his hard earned money

Best Investment Options, Plans in India:

1 Public Provident Fund – PPF:

Public Provident Fund offers almost 99% security being operated by the government. You already would know the benefits of PPF like

Minimum investment of Rs.500 and maximum investment of Rs.1,00,000(if you’re considering tax deduction under 80C)
Tax free interest and maturity amount
One of best interest among fixed income products – 8.7% p.a in 2014
Free from creditors, loan sharks and court attachments

2 National Savings Certificate (NSC)

NSC is a popular choice among rural Indians. The minimum investment is Rs.100 and one has option to choose 5 or 10 year period. The current interest is 8.5% for 5 years and 8.8% for 10 years.

3 Senior Citizen Savings Scheme (SCSS)

Probably the best investment option plan if you’re above 60 years. The rate of interest for Senior Citizen Savings Scheme is nearly 9.2% now. Usually the interest is around 1% above the 10 year government securities yield.

4 Money Market Funds

Money Market Funds are ideal as short-term investments options. These also called Liquid funds.

5 Bank Fixed Deposits (FDs)

A Term Deposit or bank fixed deposit as it’s often called is a good choice if your investment period is 6-24 months.

6 National Pension System

National Pension System(NPS) has got way more attractive than it was earlier and become one of best investment options now. Broadly, All individuals between age of 18 to 60 can join the NPS.

7 Atal Pension Yojana

Atal Pension Yojana is a recent investment option launched ny MOdi government. Here any Indian between 18-40 years can join the scheme.

The government will contribute 50% of your contribution for 5 years or Rs 1000. Whichever is lower is applicable
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