Where should I invest my money in India?

Asked by: Kiara Zemlak  |  Last update: February 9, 2022
Score: 4.3/5 (58 votes)

Now, let us take a quick understanding of each of the best investment options with high returns in India 2022 one by one:
  • Unit Linked Insurance Plan (ULIP) ...
  • Public Provident Fund (PPF) ...
  • Mutual Fund. ...
  • Bank Fixed Deposits. ...
  • National Pension Scheme (NPS) ...
  • Senior Citizen Savings Scheme. ...
  • Direct Equity. ...
  • Real Estate Investment.

Where do I invest my money in India?

Top 10 investment options
  1. Direct equity. ...
  2. Equity mutual funds. ...
  3. Debt mutual funds. ...
  4. National Pension System. ...
  5. Public Provident Fund (PPF) ...
  6. Bank fixed deposit (FD) ...
  7. Senior Citizens' Saving Scheme (SCSS) ...
  8. Pradhan Mantri Vaya Vandana Yojana (PMVVY)

Where should I invest money to get good returns?

9 Safe Investments With the Highest Returns
  1. High-Yield Savings Accounts.
  2. CDs.
  3. Money Market Accounts.
  4. Treasury Bonds.
  5. Treasury Inflation-Protected Securities.
  6. Municipal Bonds.
  7. Corporate Bonds.
  8. S&P 500 Funds.

Which investment gives highest returns?

For those looking to get higher returns on their savings, here's a list of the best investment options for you to make your wealth grow.
  • Saving Account.
  • Liquid Funds.
  • Short-Term & Ultra Short-Term Funds.
  • Equity Linked Saving Schemes (ELSS)
  • Fixed Maturity Plans.
  • Treasury Bills.
  • Gold.

How do Indians multiply money?

Here are some options to double your money:
  1. Tax-free Bonds. Initially tax- free bonds were issued only in specific periods. ...
  2. Kisan Vikas Patra (KVP) ...
  3. Corporate Deposits/Non-Convertible Debentures (NCD) ...
  4. National Savings Certificates. ...
  5. Bank Fixed Deposits. ...
  6. Public Provident Fund (PPF) ...
  7. Mutual Funds (MFs) ...
  8. Gold ETFs.

5 Basic Ways to Grow Money in 2021 (For Beginners)

25 related questions found

What are the 4 types of investments?

There are four main investment types, or asset classes, that you can choose from, each with distinct characteristics, risks and benefits.
  • Growth investments. ...
  • Shares. ...
  • Property. ...
  • Defensive investments. ...
  • Cash. ...
  • Fixed interest.

How can I double my money fast?

How to Double your Money in a Day
  1. Invest in Stocks.
  2. Invest in Retirement Accounts.
  3. Invest in Cryptocurrency.
  4. Invest in Real Estate.
  5. Day Trade Stocks.
  6. Open a High Yield Savings Account.
  7. Start Flipping.
  8. Start a Small Business.

How can I double my money in 30 days in India?

Here are some best 5 ways to double your money fast.
  1. Stock Market. Investments made in the stock market have always given a high rate of returns to people. ...
  2. Mutual Funds (MFs) ...
  3. National Savings Certificates. ...
  4. Corporate Deposits/Non-Convertible Debentures (NCD) ...
  5. Kisan Vikas Patra (KVP)

How can I get rich with 30k?

Here are 12 strategies to make your $30k grow:
  1. Take advantage of the stock market.
  2. Invest in mutual funds or ETFs.
  3. Invest in bonds.
  4. Invest in CDs.
  5. Fill a savings account.
  6. Try peer-to-peer lending.
  7. Start your own business.
  8. Start a blog or a podcast.

What do rich people invest in?

Ultra-wealthy individuals invest in such assets as private and commercial real estate, land, gold, and even artwork. Real estate continues to be a popular asset class in their portfolios to balance out the volatility of stocks.

How can I double my money in 5 years?

If you want to double your money in 5 years, then you can apply the thumb rule in a reverse way. Divide the 72 by the number of years in which you want to double your money. So to double your money in 5 years you will have to invest money at the rate of 72/5 = 14.40% p.a. to achieve your target.

Where should I invest 25 lakhs to get monthly income?

You may consider the following funds:
  • HDFC / UTI Nifty Index Fund.
  • Mirae Asset Large Cap Fund.
  • Parag Parikh Flexicap Fund.
  • UTI Flexi cap Fund.
  • Canara Robeco Emerging Equities Fund.
  • Kotak Equity Opportunities Fund.

Where should I invest in my 20s?

Investment avenues for young adults
  • Post office savings schemes. The post office is a trusted place to park your money. ...
  • Public Provident Fund. ...
  • Liquid Funds. ...
  • Recurring Deposits. ...
  • Systematic Investment Plans (SIPs) ...
  • Debt Funds. ...
  • Life Insurance. ...
  • Not budgeting it out.

How can I invest in SIP?

Step-by-Step Guide to How to Invest in SIP in India:
  1. Step 1- Understand your Risk Appetite and the Objective of Investment. ...
  2. Step 2- Choose a Mutual Fund for your Investment. ...
  3. Step 3- Select the Date of SIP. ...
  4. Step 4- Decide on the Duration of SIP. ...
  5. Step 4- Decide Whether you want to Invest Offline or Online.

How can I become rich?

The 5 Fastest Ways To Become Rich, According to Experts
  1. Avoid (and Pay Down) Debt. Debt is not necessarily bad in all instances, but it is something to be avoided most of the time. ...
  2. Spend Intentionally and Minimize Costs. ...
  3. Invest as Much as Possible in a Diversified Portfolio. ...
  4. Work on Your Career. ...
  5. Find Extra Work.

What can I do with 50000 rupees?

INVEST IN DIRECT MUTUAL FUND
  1. Invest in Direct Mutual Funds & New Fund. Offer (NFO) Discover 5000+ schemes. Track your portfolio 24X7. Invest Now.
  2. Invest In MC 30. MC30 is a curated basket of 30 investment-worthy. mutual Fund (MF) schemes. Invest Now.

How can I grow 25k?

21 Ways to Invest $25,000 (for 2021)
  1. Pay Down Debt. ...
  2. Increase Your Savings – High Yield Savings Account or CD. ...
  3. Peer to Peer (P2P) Lending. ...
  4. 401(k) ...
  5. Roth IRA & Backdoor Roth IRA. ...
  6. Plain Old Taxable Brokerage Account. ...
  7. Health Savings Accounts (HSAs) ...
  8. REITs.

What can I do with 20000 rupees?

Invest just Rs. 20,000 and start-up these 10 businesses to earn lakhs
  1. Driving School. To start a driving school is an excellent idea. ...
  2. Translation Services. ...
  3. Social Media Support. ...
  4. Second Hand Car Dealership. ...
  5. Ice-cream Parlour. ...
  6. Medical Tour Service. ...
  7. Day Care Service. ...
  8. Virtual Assistant.

How do I start investing in my 20s?

How You Should Invest in Your 20s
  1. Start Investing Immediately.
  2. Learn The Basics of Personal Finance.
  3. Set Financial Goals and Plan Investments.
  4. Save First, Spend Later.
  5. Invest in Equities.
  6. Automate The Investments.
  7. Take Advantage of the Employees Provident Fund.

Is saving better than investing?

Saving is definitely safer than investing, though it will likely not result in the most wealth accumulated over the long run. Here are just a few of the benefits that investing your cash comes with: Investing products such as stocks can have much higher returns than savings accounts and CDs.

How can I invest in sharemarket?

Step 1: Open a Demat account and ensure that it is linked with a pre-existing bank account to carry out transactions smoothly. Step 2: Sign in to the Demat account via the mobile-based application or web platform. Step 3: Pick a stock that you want to invest in.

Where can I invest money for maximum returns in India?

Now, let us take a quick understanding of each of the best investment options with high returns in India 2022 one by one:
  • Unit Linked Insurance Plan (ULIP) ...
  • Public Provident Fund (PPF) ...
  • Mutual Fund. ...
  • Bank Fixed Deposits. ...
  • National Pension Scheme (NPS) ...
  • Senior Citizen Savings Scheme. ...
  • Direct Equity. ...
  • Real Estate Investment.

Why do people invest?

People invest with the view to build their wealth. This means that they save and then invest their savings over time. In this process, the proceeds from the investments, whether they are dividends or interest earned, can be reinvested into the same financial instrument or even something else.