The Best Investment Opportunities in India
Savings Account, Fixed Deposit & Recurring Deposit
Savings account in India fetch you decent returns on investment. Banks provide around 6% interest on it nowadays. FDs & RDs provide you return of about 7%, a touch higher than the savings account. FDs & RDs are both regarded as safe investment options.
Debt Funds, Company FD & Tax-Saving FD
Debt Funds can provide you higher returns than the normal FDs. For short term, liquid funds can help you earn up to 10% interest whereas for long term, smart investing in debt funds can yield up to 15% interest and hence would be a smart way to invest your funds.
Company FDs also yield much higher returns than the normal FDs; it can go as high as 12% per annum. However, you need to choose the investment period safely as you can withdraw only after maturity. This is a high risk investment and investing in a company with a proven track record would be the key.
If you are looking to invest from a taxation point of view, the tax-saving FDs can be a very good option. Interest on such FDs ranges from 7-9% per annum. Through tax-saving FDs, you can serve the dual purpose of safe investment while also saving on the tax by claiming the deductible amount.
Mutual Fund & Systematic Investment Plan (SIP)
Mutual Fund investment options with a long time Systematic Investment Plan can be a good balance of risk and return for investors who can invest from 5 to 10 years. Mid-cap and Small-cap mutual funds have great potential of growth in short to medium term.
Investment in Stocks
Investment in stocks can also yield high returns based on the companies you choose to invest in. However, you must do your base research before diving into the stock market. Investing for a long term in well performing companies would be a good idea.
Public Provident Fund (PPF) & Equity Linked Savings Scheme (ELSS)
PPF & ELSS are both low risk high return investment options. PPF can fetch you up to 8% returns whereas ELSS can fetch you as high as 12% returns. Both are tax saving options as well and hence are more valued investment options. There are some other options in this category like Sukanya Samriddhi Account, Senior Citizen Savings Scheme, etc.
Initial Public Offering (IPO)
IPOs could be a very good deal if proper research is conducted before investing. When a company gets listed, the stock value is almost guaranteed to rise. You can earn decent return in short term and good returns in the long term if the IPO and then the company performs well.
Real Estate investment is considered low risk. And in developing countries like India, smart investment in rapidly growing cities and towns is still a very lucrative and high return investment.
Post Office Monthly Income Scheme
For fixed return in the form of monthly income, you can invest in this scheme. It currently provides 7.6% interest per annum. This is zero risk form of investment and individuals looking for fixed income on a monthly basis should invest in this.
Gold in Any Form
There are various investment options in gold including gold Exchange-Traded Fund (ETF), gold bar, gold mutual fund, gold deposit scheme, etc. Gold is a versatile investment product and with the recent increase in the consumption rate in Asian countries, its price is deemed to grow more with increased demand. Also, if you have gold, you can avail gold loans anytime and avail overdraft facilities for some important expenses or further investments.
These are the most lucrative investment options in India currently. However, it is advisable to consult an investment banking professional in the beginning for a guided and well-planned investment strategy.
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