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Top 4 Best Investment Options
Stay invested presents the top 4 best investment options for you. Generally. people prefer investment for their future but due to less awareness about the right investment options, they make mistakes. In many cases, people look out for investment plans where they will get a high return, with less investment in a short period of time. Unfortunately, not such a plan exists but, yes! If you expect a high return for a long period of time, you can get it, definitely. Headup to know more about the top 4 best investment options.
Top 4 Best Investment Options
1) Public Provident Fund (PPF)
Public Provident Fund is the most popular and flexible investment option of today’s generation. With 15 years of tenure, you can invest money with very low risk. You can earn compound interest on the accumulated money. But, you can withdraw your money after ending of 6 years. But completing 6 years, if you want money then you can take a loan on the balance of PPF.
2) Direct Equity
Direct equity is also the best investment option for you. This investment option is considered a risky option for investment but it offers a high return. Before choosing this option, you must sure about the right stocks, time to enter, and exit. Also, you must analyze the stock before investing. Direct equity is best for long term investment.
3) Mutual Fund
Investment in a mutual fund is best in order to generate a good return. It is a very low-risk investment option. An equity mutual fund is a top-rated mutual fund investment. A mutual fund provides overwhelming returns. Best-performing funds have generated cumulative average growth returns of up to 20% in a decade.
4) SCSS – Senior Citizens’ Saving Scheme
In SCSS, only retiree or early retiree can invest. It has five years of tenure, but you can extend it by 3 years after maturing a scheme. Here, investors can get a high-interest rate that is 7.4%.
Bottom Line:
Did you know, according to an economic survey of 2018, people have started to prefer investments over save. So, it is clear that investment is like second income for people. If you are planning to choose an investment, then this is our small try to present the top 4 best investment options.
To start an investment like mutual funds, you have to open a Demat account. Click here to open a FREE Demat account.
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- +91 739 100 4545
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- info@stayinvested.co.in
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