Where To Invest: Smart way to grow your money!

Bank Fixed Deposit (FD): A bank fixed deposit (FD) is a safe choice for investing in India. Under the deposit insurance and credit guarantee corporation (DICGC) rules, each depositor in a bank is insured up to a maximum of Rs 1 lakh for both principal and interest amount. One may opt for monthly, quarterly, half-yearly, yearly or cumulative interest option in them, as per the need.The interest rate earned is added to one's income and is taxed as per one's income slab.

Mutual Funds: Investing in mutual funds means that your funds will be put into a group of investment options, primarily bonds and equities. As your investments are diversified when invested into mutual funds, it is considered a much safer option in comparison with investing in individual shares in the stock market. Another good factor about investing in mutual funds is that the funds are managed by skilled and well-trained banking professionals who are in a better position to handle investment portfolios than regular investors.

Gold Gold is highly liquid, yet scarce and a unique asset; it’s a luxury good as much as an investment. Gold is no one’s liability and carries no counterparty risk. As such, it can play a fundamental role in an investment portfolio. Gold acts as a diversifier and a vehicle to mitigate losses in times of market stress. It can serve as a hedge against inflation and currency risk.

Real Estate: Real estate is also a good option to invest in. The ROI offered by real estate is higher than any other sector, a little patience is all you need if you have the funds to make to make large investments in real estate, as the value of the land or property will increase to a significant extent over a period of time.

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