The people of India invest, but they fear losing their money. To overcome this fear, many methods of safe investments with high returns in india are also suggested. How can one get good returns by making a safe investment . To get good returns, you can invest in many schemes, like fD in banks or mutual fund gold bonds. By investing in a scheme like an electoral bond, you can get good returns. Your money also remains safe, and you will get good returns.
Along with a safe investment, if you want to earn a monthly or yearly income, there are many ways to do the same. Apart from being a safe investment, any such scheme that is available after income tax benefits the government.
The Best 7 Tips for safe investments with high returns in india in 2024
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Fixed Deposits (FDs)
A fixed deposit is a financial investment in which an amount is deposited in the bank, and after that, the bank can fix the period of time and give an interest rate on it, which is the lowest-risk investment option in which returns can be obtained. In a fixed deposit, the rate of interest is higher than in a savings account. The amount will be fixed for a fixed period of time.
Fixed deposits last for 1 year, 2 years, 3 years, and 5 years, and sometimes the money doubles in 9 years and 7 months. These are the safe investments with high returns in india schemes ever.
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Government Savings Schemes
There are many schemes within the government, and there are saving schemes in which we can invest our money to get good returns in PPF, NSC, SUKANYA SAMDRUDHI YOJANA, and Kisan Vikas Patra. There are many schemes through which we can get a good guarantee return by investing within the government during the period of F.D., and there is a guarantee return in them. In all these schemes, there is an investment in a fixed interest rate and a fixed period of time.
The National Savings Scheme is a government scheme under which one gets SAVE income tax. If one invests up to Rs. 1.5 lakh, one gets after income tax free.
The current interest rate of the National Scheme Savings Scheme is 7.70 percent, and it is fixed for 5 years; after that, it cannot be withdrawn in between.
Sukanya Samrudhi scheme, under which children below 10 years of age have to open an account and invest money in it for 15 years, and after 18 years, you can withdraw such money.
The name of the government’s scheme in which the money is doubled is Kisan Vikas Patra. Kisan Vikas Patra is a scheme of 9 years and 7 months in which, if you invest, you will get the money within 9 years and 7 months with a rate of interest of 7.5%. You get double the money, and if you need it, you can withdraw the money after two and a half years.
By investing in all such government schemes, you can get a good return
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Mutual fund
As a safe investment, mutual funds are also a good option in which we can invest. If we invest in equity in mutual funds, there is a little risk in it, but in index funds, we can get good returns. Whatever happens every year, Sensex keeps on rising, and in 5 years we can get good returns over fixed deposits. If we invest in a debt fund, we can get a 6- to 7% return, but that too does not guarantee risk-free returns, and sometimes there are chances of losing money in that fund as well.
In mutual funds, you can get good returns with better returns and safety than in index funds. Keep your money invested in an index fund for a long time; only then can you get good returns.
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Gold investment
Gold investment is such a safe way that we can invest in gold in jeans by taking sovereign gold bonds or by taking physical gold, and by making a safe investment in it, we can get good returns in the long run.
The advantages and disadvantages of investing in goals are different. For example, the advantages are that if we invest for a long time, we get good returns, but if we have to invest for a short period of time, then we also incur losses.
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Public Provident Fund
A Public Provident Fund PPF account is going to be opened in the bank and post office, in which we can deposit up to Rs. 1.5 lakh annually, get tax benefits from it, and keep depositing the money for 15 years. After depositing the money for 15 years, we will earn compound interest every year, so you can create good wealth. Partial withdrawals are allowed from the 7th year onwards, subject to certain conditions.
After the completion of the 15-year period, the PPF account matures. At this point, the account holder can withdraw the entire amount or extend the account for 5 years.
PPF is considered a safe and reliable investment option for long-term wealth creation and retirement planning due to its tax benefits and guaranteed returns.
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Government bond (electoral bond)
The government’s bond scheme is one under which bonds are issued by the government, which are kept for a minimum of 3 years, and in which income tax-free benefits are also available. A government bond is a debt security issued by a government to raise funds for public projects or cover budget deficits. When you buy a government bond, the return of the bond’s face value at maturity. Government bonds suggest low-risk investments because they are backed by the full faith and credit of the issuing government. They come with various maturity dates, interest rates, and terms. A government bond is a safe investment.
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RENTAL INCOME
Buying a property and earning income through its rental income is the safest investment. You will get rent from time to time, and the value of the property will also keep increasing. But it is more important for you to be physically involved so that your property is not misused. In this way, you do not have to get maintenance done from time to time.
The above suggestions have given you a good understanding of a safe investment. For more information, you can connect with us by commenting below.