Although most investment options have some risks, we are going through this report to inform some of the investment options in which the risks of the risk are very low. As an investor, you are always looking forward to suggesting such an option in which risks (money squeezing) are not equal and there is also a good return on investment.
Below is some good option for risk-free investment:
Fixed Deposit (FD):
Investing in FD is not only risk-free, but it is also better than returns. If you are looking for a risk-free investment option, it can prove to be a better option. Fixed Deposit is considered a well known and better investment option. At the same time, a five-year FD can also give you tax benefits. Whereas on the one hand Savings Bank account is made available at the rate of 3.5 to 6% interest, on the FD some banks are offering interest up to 8 to 9%.
Public Provident Fund (PPF):
The PPF account is for both salaried and business class only. This account can be of both the minor and the adult. PPF is the ideal option for investors in terms of risk-free investment. It can be deposited in a lump sum or 12 installments. It gives the benefit of a tax rebate on investment of maximum up to Rs 1 lakh in a financial year. Its merit period is 15 years. There is a deposit of 7.9 percent on deposits.
National Savings Certificate (NSC):
There is a discount under section 80C of income tax on deposits. There is no investment limit. Trusts and HUFs cannot invest in it. This scheme has been released keeping in view the needs of government employees, businessmen, and other payee payers. If you want even better returns on secure investment then you should select it. TDS does not work on this. National Savings Certificates are of two types, type 1 (VIII issue) and second, type 2 (IX issue). In this, interest is paid at the rate of 7.8 percent.
Post Office Deposit:
Here are five years of investment options recommended for different periods. Good returns are achieved in the long run. Post Office Deposit is also a great option for investment. Tax benefits are also available on schemes with less than five years of the maturity period. This can be done at a rate of 7.8 percent on the investment made for a period of five years.
In this, you have to make a regular investment every month. For those who get a fixed salary every month, this is a great investment option. Your money becomes a big lump sum. However, this amount comes under the purview of tax. All the banks of the country are giving good returns on this.
Debt Mutual Fund:
These are such funds where money is invested in government securities and corporate bonds. Debt mutual funds do not have a lock-in period. Debt mutual funds are considered a better investment option on the risk-free investment scale. You can withdraw money from them whenever you want. 90-180 days fixed deposit receives interest at 6.5-7.5 percent annually, while ultra short-term debt funds get 9 percent return in the same period.