There are several types of investment plans available in India.
There are several types of investment plans available in India. Here are some of the most popular ones:
Fixed Deposits: Fixed Deposits or FDs are a popular investment option in India. These are offered by banks and other financial institutions and offer a fixed rate of interest over a fixed tenure.
Mutual Funds: Mutual Funds are professionally managed investment funds that pool money from multiple investors to purchase securities. These are managed by fund managers and offer a diversified investment portfolio.
Public Provident Fund (PPF): PPF is a government-backed investment scheme that offers a fixed rate of interest and tax benefits. The tenure for a PPF account is 15 years, and investors can claim a tax deduction on the investment amount.
National Pension Scheme (NPS): NPS is a government-sponsored pension scheme that aims to provide financial security to individuals after retirement. Investors can claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act.
Equity Shares: Equity Shares represent ownership in a company and offer a potential for capital appreciation and dividends. These are traded on stock exchanges and can be bought and sold by investors.
Real Estate: Real Estate is a popular investment option in India, where investors can buy properties and earn rental income or profit from capital appreciation.
Gold: Gold is considered a safe investment option in India and can be bought in the form of jewelry, coins, or bars. Gold prices tend to rise during economic uncertainties.
Corporate Bonds: Corporate Bonds are issued by companies to raise capital and offer a fixed rate of interest over a fixed tenure. These are considered safer than equity shares and offer a predictable income stream.
0 comments