1. CHILD PLANS: A child insurance plan gives a lump-sum amount to the child in case of policyholder's death and all future premiums are waived off. After that also, the insurance company continues investing money on behalf of the policyholder. The child will be given the money at specific intervals of time according to the policy. 26% parents have invested in child insurance plans that drain away the risk on the education of the child if the parent is no more.
2. TERM+MUTUAL FUNDS: This investment is a smart strategy which leaves you with a higher corpus. This combination provides dual benefits of security cover and investment. This investment is readily advocated by most financial advisers. It is transparent and one can easily exit from it. They are extensively researched as compared to other investment options.
3. GOLD ETFs: Gold ETFs are mutual fund units with each unit equivalent to one gram of gold. They can be called paper gold. These can be sold and bought like mutual funds through the demat account via a depository. It offers better liquidity and takes care of the issue of purity, the high making charges and the problem of safe-keeping it.
4. PUBLIC PROVIDEN FUND (PPF)/ DEBT FUND OR FIXED DEPOSIT (FD): PPF is the most popular tax-saving and long term investment scheme which can be opened in post office or banks. The interest rate on the PPF is market linked now and one can invest up to Rs 1 lakh in a year. It matures in 15 years but the tenure can be extended in blocks of 5 years after maturity. Through FDs, you can receive regular income by the interest payments that are made every month or quarter. It is a very safe investment but this investment can't beat inflation.
5. STOCKS & ETFs: Stocks are risky assets but they have many advantages over other investment options. Stocks give the highest return over the long term. It's a liquid investment. ETFS are much like stocks. They hold assets like stocks, commodities or bonds close to their Net Set Values over the course of the trading day. Through ETFs, you can invest in entire countries or sectors. These are transparent and cost effective investments.
2. TERM+MUTUAL FUNDS: This investment is a smart strategy which leaves you with a higher corpus. This combination provides dual benefits of security cover and investment. This investment is readily advocated by most financial advisers. It is transparent and one can easily exit from it. They are extensively researched as compared to other investment options.
3. GOLD ETFs: Gold ETFs are mutual fund units with each unit equivalent to one gram of gold. They can be called paper gold. These can be sold and bought like mutual funds through the demat account via a depository. It offers better liquidity and takes care of the issue of purity, the high making charges and the problem of safe-keeping it.
4. PUBLIC PROVIDEN FUND (PPF)/ DEBT FUND OR FIXED DEPOSIT (FD): PPF is the most popular tax-saving and long term investment scheme which can be opened in post office or banks. The interest rate on the PPF is market linked now and one can invest up to Rs 1 lakh in a year. It matures in 15 years but the tenure can be extended in blocks of 5 years after maturity. Through FDs, you can receive regular income by the interest payments that are made every month or quarter. It is a very safe investment but this investment can't beat inflation.
5. STOCKS & ETFs: Stocks are risky assets but they have many advantages over other investment options. Stocks give the highest return over the long term. It's a liquid investment. ETFS are much like stocks. They hold assets like stocks, commodities or bonds close to their Net Set Values over the course of the trading day. Through ETFs, you can invest in entire countries or sectors. These are transparent and cost effective investments.
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