During my early job life, I was able to save some money in 3 years but could not decide where to invest small amount of money in India. After much consultation with my friends and close ones, I made a list and invested in REITs, Mutual Funds and FDs. There are other options you can also consider so let me share them next.
Where We Can Invest Small Amount of Money?
You can invest your money in
REITs: For investing a small amount of money in India, REITs (Real Estate Investment Trusts) are a good option. They offer investors the opportunity to invest in real estate and have proportionate ownership of an income-generating real estate asset to retail investors.
Mutual Funds: Mutual funds offer diversification across stocks, bonds, and other assets, making them suitable for people looking for professional management and growth potential. But it has risks. They come with varying risk levels and returns based on the fund's portfolio.
Fixed Deposits: Fixed deposits are low-risk investments offering fixed returns over a determined period. It has no risk and hence is the most preferred investment option.
Pension Plans: They provide long-term savings with tax benefits, designed to build a retirement corpus through regular contributions and potential market growth.
PPF: The Public Provident Fund (PPF) offers tax-free returns with a lock-in period of 15 years. It is a great option for long-term savings and tax planning.
You can thus take your call and decide where to invest your hard-earned money to get profit in the future. So best of luck with your investment.
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Where to Invest Small Amount of Money in India?
Dharmesh
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53 days
2024-07-17T08:40:49+00:00 2024-07-17T08:40:58+00:00Comment
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