Best investment options in India

Cortado, cappuccino, macchiato, espresso – walk into a coffee shop and you are overwhelmed with choices. Having multiple options is great, but it can also make it hard for you to choose one. With various investment options, you may feel the same about investing too. There are diverse investment options in India. If you're not sure which is ideal for you, you can check out the list below and take a pick!

Best investment plan with high returns 

• Sovereign Gold Bonds

  
  Sovereign gold bonds are issued by the Reserve Bank of India (RBI) and are an excellent substitute for physical gold. They are denominated in grams, where each bond reflects one gram of gold. They offer a fixed 2.5% interest per annum along with appreciation in the value of gold. They can be bought using a Demat account and eliminate making charges, storage costs, the fear of theft, etc. If you wish to invest in gold minus the hassles of storing physical gold, you can consider investing in a sovereign gold bond at IDFC FIRST Bank.

• Direct Stocks

  
  Stocks are market-linked securities that represent your ownership in a company. Publicly listed companies can list their shares on stock exchanges, and you can invest your money in stocks using a trading and Demat account.

  Stock trading essentially works on the principle of buying low and selling high. However, the market is a volatile place and can require prior knowledge on your part to gain success, including using the right apps. Thankfully, the Zerodha IDFC FIRST Bank 3-in-1 account can be of help. The account combines your savings, trading, and Demat account in one place and facilitates smooth trading. 

• Fixed Deposits

  
  If you are looking for a low-risk investment plan with guaranteed returns, an FD may be the right vehicle for you. Fixed deposits allow you to invest lump sum money for a pre-decided term at a pre-fixed rate of return. The tenure can range from seven days to ten years, after which you can withdraw your money. The rate of return can vary from 3% to 8%, depending on the tenure, your age, and other factors. For instance, senior citizens get higher interest rates than others.

• Mutual Funds

  
  Mutual funds are professionally managed funds that take money from multiple investors and invest it further in market securities like equity, debt, etc. There are different types of funds, such as equity mutual funds, balanced advantaged funds, liquid funds, and more. You can invest in them per your risk appetite and financial goals. In India, mutual funds are regulated by SEBI. 

To sum it up

Regardless of your choice, ensure that your investment plan aligns with your goals to ensure success. In addition, keeping a long-term approach can help enhance returns and ride out short-term market volatility. And selecting a reliable partner like the IDFC FIRST Bank can also help offer you a seamless investing experience.

Disclaimer

The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.