Best Investment Options in India 2024, With High Returns : Best Investment Plans 2024

2. Mutual Funds

 

Mutual Funds serve as an investment vehicle managed by financial experts or managers. They pool funds from numerous investors to invest in diverse stocks, bonds, and other securities. Among these, equity mutual funds stand out for yielding higher returns by investing in various stocks across different sectors. Notably, investors don’t need expertise themselves; they simply need to identify a reputable mutual fund company. Expected returns from equity mutual funds typically range from 12% to 18% annually.

 

3. Stock Market or Equity Market

 

The Stock Market stands as one of the most favored investment avenues, albeit requiring some expertise. It offers individuals the chance to partake in the progress of India’s prominent companies. While investments in the stock market hold the promise of substantial returns over time, they also carry higher risks due to market fluctuations. On average, the annual returns from the Indian stock market are anticipated to range between 12-15%, although this can differ from one company to another.

4. Fixed Deposit (FDs)

 

Fixed deposits have been a trusted choice for many investors, especially parents and grandparents, for a long time. These are the Best Investment Options in India, They offer stable returns with low risk, making them quite popular. Many banks and non-banking financial companies (NBFCs) offer various FD plans with fixed interest rates and terms. Investors simply deposit a certain amount for a set period. Returns from fixed deposits typically range from 5% to 8% annually, although this can vary depending on the bank or company you choose.

5. National Pension System (NPS)

The National Pension System (NPS) is a government-backed investment scheme aimed at retirement savings. It’s a voluntary program regulated by the Pension Fund Regulatory and Development Authority (PFRDA). Serving as an alternative to traditional pensions, the NPS channels funds into equities, corporate bonds, and government securities through various investment options. It’s important to note that the NPS matures only when individuals reach the age of 60. Expected interest rates for NPS investments typically range from 8% to 10% annually

6. Public Provident Fund (PPF)

PPF, or the Public Provident Fund, is a well-regarded long-term investment option in India. It’s a government-backed scheme, making it highly trusted with minimal risk. PPF offers an attractive interest rate along with tax benefits. However, it comes with a lock-in period of 15 years, meaning investors cannot withdraw their funds before this period ends. The expected interest rate for PPF typically ranges from 7% to 8% annually.

7. Systematic Investment Plans (SIPs)

SIP investment has gained popularity in today’s market. It enables investors to regularly invest a fixed amount in mutual funds. Starting a SIP with just Rs. 100 is ideal for everyone. SIPs benefit from rupee cost averaging and help in cultivating disciplined investing habits among investors. Expected returns from SIPs typically range from 10% to 15% annually, depending on the performance of mutual funds and market conditions. Long-term SIP plans, such as those spanning 3 years or 5 years, often attract higher returns.

8. Gold

Gold is a valuable asset and a traditional method of preserving wealth and safeguarding against inflation in India. Its price tends to rise steadily over time, making it a favored investment option. Investors have various avenues to invest in gold, including physical gold, gold ETFs (exchange-traded funds), sovereign gold bonds (SGBs), or gold mutual funds. While holding physical gold involves higher risks, safer investment options like gold ETFs are advisable. Expected returns from gold investments typically range from 6% to 10% annually. This is also one of the Best Investment Options in India.

9. Government Bond & Scheme

Putting trust in government-backed investment schemes is often considered a wise starting point for investing. Numerous government schemes, such as Sukanya Samriddhi Yojana (SSY), Senior Citizen Savings Scheme (SCSS), and Post Office Savings Schemes, offer attractive returns with minimal risks. Additionally, government bonds represent a form of debt secured by the government, where investors essentially lend money to the government. These bonds typically yield higher returns. Expected returns from government savings schemes generally range from 7% to 9% annually.

10. Cryptocurrency

 

In the List of Best Investment Options in India, Cryptocurrency investments have become increasingly popular due to their potential for high returns in a short period. If you’re unfamiliar with cryptocurrencies, you’ve likely heard of Bitcoin, Ethereum, and Ripple. Investors trade these digital currencies on cryptocurrency exchanges. However, it’s crucial to note that cryptocurrency investments are highly volatile and require careful risk management. Predicting the expected returns from cryptocurrency investments can be challenging due to their fluctuating nature.