back

Preferred Language

Preferred Language

Smart Investment With High Returns

Investments are not just about saving money but generating wealth as well. The road to wealth creation can only be paved by smart investments, which accrue over time to generate higher returns on investment.

When investing, it is important to consider factors like ROI, flexibility, liquidity, and risk tolerance. Investors with high risk appetite can invest in growth-oriented investments like equities and stocks. However, investors with lower risk appetite consider investing in fixed income instruments like fixed deposits, where they can benefit from high interest rates, increased flexibility and periodic interest payouts.

Top smart investment plans -

Unit Linked Insurance Plans (ULIPs)

Unit Linked Insurance Plan or ULIP is a type of insurance that combines investment and life insurance to safeguard your family financially in the event of a disaster. The cost of a ULIP premium is split into two components. A portion of money goes toward your life insurance, and the rest is put in the fund of your choice. Depending on your risk tolerance and objectives, you can invest in equities, debt, or a combination of the two. This makes ULIPs an excellent long-term investment option for you and your family.

Monthly Income Plans

Fixed Deposits

A fixed deposit, often known as an FD, is a type of investment that banks and non-banking financial organisations (NBFCs) give to their customers to help them save money. An FD account allows you to invest a large sum of money for a set length of time at a specified rate of interest.

Public Provident Funds (PPF)

The Public Provident Fund (PPF) was established in India in 1968 with the goal of mobilising small deposits through investment and earning a return. It's also known as a savings-cumulative-tax savings investment vehicle since it allows you to save on annual taxes while building a retirement fund. A PPF account is a safe investment choice for anyone wishing to save taxes and earn assured profits.

Mutual funds

A mutual fund is a sort of investment vehicle that pools money from multiple individuals to invest in securities such as stocks, bonds, money market instruments, and other assets. Professional money managers manage mutual funds, allocating assets and attempting to generate capital gains or income for the fund's investors. The portfolio of a mutual fund is built and managed to meet the investment objectives indicated in the prospectus.

Sukanya Samriddhi Account

The Sukanya Samriddhi Account is a government-sponsored savings programme for parents of girl children. The programme encourages parents to set up money for their female child's future education.

Senior Citizen Savings Scheme (SCSS)

The Senior Persons' Savings Scheme (SCSS) is a programme run by the Indian government that helps senior citizens save for retirement while also earning quarterly interest payments. SCSS is offering a 7.4% interest rate for the quarter ending March 31, 2022. A minimum deposit of Rs. 1,000 is required to start a SCSS account.

If you’re looking for a smart investment option, where you can get the best return on your investment, consider investing in a Bajaj Finance Fixed Deposit. You can benefit from lucrative interest rates up to 7.75% p.a. on your deposits.

Here’s a quick look at the features and benefits offered on fixed deposits by Bajaj Finance.

Interest rate up to 7.75% p.a.
Minimum tenor 1 Year
Maximum tenor 5 Years
Deposit amount Minimum deposit of Rs 15000
Application process Easy online paperless process
Online payment options Net Banking and UPI

Bajaj Finance Fixed Deposit can help you yield high returns with flexible tenors and periodic interest payouts, where you can easily choose the frequency of your payouts too.

Consider using Fixed Deposit Interest rates Calculator to plan your finances if you’d like to know your maturity amount and returns on your FD in advance.

FAQ

What is the best investment for 5 years?

Some of the best investment options for 5 years are:

  1. Mutual Funds
  2. Systematic Investment Plan
  3. Fixed Deposit
  4. Systematic Deposit Plan
  5. Public Provident Fund (PPF)

What are the safest investments for retirement?

The safest investments for retirement include:

  • Senior Citizens' Saving Scheme (SCSS): A government-backed retirement benefits programme is the Senior Citizens' Saving Scheme (SCSS). Senior citizens in India can invest a lump sum, individually or collectively, in the scheme and receive a regular income as well as tax benefits.
  • Post Office Monthly Income Scheme (POMIS) Account: Investors in the post office's monthly income scheme can earn up to 6.6 percent annual interest each month. A POMIS account can be formed individually or jointly, and a guardian (acting on behalf of a minor) or a minor above the age of 10 can open one in their own name.
  • Fixed deposits (FDs): Fixed deposits are a safe investment option that offer stable interest rates, special rates for elderly citizens, a variety of interest payment methods, no market risk, and income tax deductions. Before forming a new fixed deposit or renewing an existing one, it is critical to compare the latest fixed deposit rates offered by the country's leading banks.

What is the smartest thing to invest in now?

Due to the volatility in the market, the smartest investment option is to have a diverse portfolio. You can always have a mix of high-risk stock options, and safe investment options like fixed deposit and SDP.

Did you know, a good CIBIL score can help you get a better deal on loans and credit cards?

Invest Online