If you want your money to grow then you need to invest it. However, you should also know where to invest money to get the best returns on it. We are going to talk about some of the methods which will give you good returns on your investments but we also like to say that you should make your choices depending on the level of risk you are comfortable in taking and do keep yourself updated about the investment products.
By equity, we means shares of companies listed in sensex. You can buy the shares of those companies which you feel will perform better in the future and their share price is tend to rise. This is the fastest way to increase your investments but the risk is also high as sensex can be volatile at times, depending on the market and political conditions.
Investing in mutual funds or SIP can be termed as a better option for the investors with low risk appetite. The good part is that they are managed by qualified professionals so there are more chances of getting good returns at low risk.
Public Provident Fund
One of the best ways to invest money in India as it is a tax-free option. The PPF account can be opened in Post Office or selected branch of a bank and compound interest is received on the amount deposited.
Always an attractive option but if you want to invest less, then you can opt for mutual funds which invest in Gold.
If you have sufficient amount of money to invest, you can look for real estate as with the rising population, this segment is due to rise despite some hiccups that it may experience sometimes.
So which one is your choice for investment?