We all want to invest our earnings and create some revenue on the side. However, this is a task easier said than done since most people can’t afford and risk losing their money, so they just look up gold rate today Sivakasi or whichever city they are from and wait for the price to fall down in the affordable range. So to help you out we have made a list of some of the best investment strategies and assets that are low risk and you can try out today
- Fixed Deposits
This is one of the safest investments in India with a high rate of interest. Fixed deposits are offered by banks or financial institutions for a specified period ranging from 7 days to 10 years at a fixed rate of interest. You can get high returns if you lock your money for a long period as the rate of interest is higher for longer duration FDs. The only drawback is that you cannot withdraw your money from FD before the maturity date unless you pay significant penalties or charges.
- Mutual Funds
Mutual funds are one of the best options for small investors to invest in stock markets as they offer an array of options like equity funds, debt funds, balanced funds, exchange-traded funds, etc. They are professionally managed by fund managers who have expertise in selecting securities and managing them for the investors.
- Real Estate
Real estate is one of the most preferred investments in India. It is considered to be a safe investment option as real estate prices are on a continuous rise. Many people prefer investing in residential properties as they offer higher rental incomes and capital appreciation. Real estate also provides tax benefits under sections 80C and 24 of the Income Tax Act 1961. However, it is important to do proper due diligence before investing in real estate as it involves high transaction costs, high stamp duty and other taxes like registration charges, service tax etc along with high leverage risk.
- Bank Fixed Deposit (FD)
Bank FDs are considered one of the safest investment options in India. The income from Bank FD is fully taxable and depends on the investor’s income tax bracket. Banks offer post-tax returns ranging between 6.25% – and 8.50%.
The interest rate on Bank FD is higher than the interest rate offered on Savings Account, however, it is lower than the returns offered by other Fixed Income investments.
- Post Office Time Deposit (TD)
Post Office Time Deposits are also among the safest investments in India. It can be opened with a minimum deposit amount of INR 1500 and there is no upper limit for investment. There are two types of Post Office Time Deposit: 5 year TD and 1 year TD. The deposit earns interest at a rate set by the Government of India and is currently at 7.3%. The deposits can be made for 5 years or 1 year only. The interest earned from Post Office Time Deposit is fully taxable and depends on your income tax bracket. You can make partial withdrawals from 5 year TD after one year, however, there is no premature withdrawal facility for 1 year TD which means you cannot withdraw the money before the completion of 1 yr term.
Investing in gold is a traditional investment. It has always been known as a safe investment option with low risk and more returns. There are many ways to invest in gold such as physical gold, ETFs(exchange-traded funds), stock in mining companies, etc. The best way to invest in gold is by buying physical gold which can be in the form of coins, jewellery, etc. It is easy to buy and sell at the time of need and you don’t have to pay any commission fee or other charges. You can also invest in digital gold, its pricing moves in a similar fashion however, its handling is a lot less easy. Thanks to the introduction of digital gold buying gold has become extremely easy. All you need to do is go online and look gold rate today in tenali or Agra and then make the purchase online. Visit this page for more info