4 Best Investment Plan: Secure Investment and Great Returns

Investing is very important for a safe future. Every person looks for the right investment option so that there is not much financial trouble or worry in future. So if you have to save and meet your goals, then you can do so by investing a little money every month.
The best investment option for any individual depends mainly on four factors such as risk appetite, cash requirement, tax slab and investment duration. Keeping all these things in mind, today we will tell you about safe investment as well as the possibility of getting better returns. In such a situation, there are 4 best options that you can consider investing.

Bank fixed deposit
First of all we will talk about bank fixed deposits, in which it provides capital security and fixed income to the depositors. The interest rate applicable during the opening of an FD account remains the same during the FD period, irrespective of any change in the interest rates. FDs opened in schedule banks are also covered by a deposit insurance program provided by DICGC, a subsidiary of the Reserve Bank (RBI). This insurance scheme gives financial security to the deposits in banks,
Under this, if the bank fails, it will get up to Rs 5 lakh per FD, RD account holder, including current and savings accounts. At present, some small finance banks and some private sector banks are giving 7 to 8.25 per cent on FDs.

Debt mutual fund
Debt mutual funds generally invest in market-related fixed income instruments such as government securities, money market instruments, corporate bonds, etc. Due to fixed income instruments, debt mutual funds are considered more secure than equity funds, as fixed income instruments can be bought and sold hence debt funds offer higher returns than savings accounts and fixed deposits.Thus, debt funds are an ideal option for those who want an investment option for short-term economic goals that gives higher returns than fixed deposits.

Equity mutual fund
Equity mutual funds mostly invest their money in equities or stocks. Equity mutual funds have to invest a minimum of 65 per cent in equity. Because equities have given higher returns than fixed income instruments and inflation, it is a good option for investors who want higher returns through equity but do not have the time or expertise to invest directly in stocks is  Additionally, equity mutual funds also include a special category called Equity Linked Saving Scheme (ELSS), which is eligible for tax exemption under Income Tax Section 80C. Of all the investment options covered under Income Tax Section 80C, ELSS is the shortest period (three years). If you keep investing in it for three years, you will get tax rebate under Section 80C on the return.
Small saving schemes
Small savings schemes are very popular in India as people prefer. Small savings schemes mean very little to middle class people, especially to the employed. These schemes are sponsored by the Union Ministry of Finance and they declare interest rates for these savings schemes every quarter These schemes carry slightly higher interest from the bank. Those who wish to have the highest interest rate and security on their Nivea can give it importance. Income tax on these deposit schemes Discount is also available.


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