Just like anyone else I have apprehensions about investing my hard earned money. Like others, I want to make sure their investment leads to gains. I did some research and found which is best investment plan in India. Keep reading to know more.
Which is the best option to invest money in India?
There are different types of investment options available for people. All of them come with their own advantages and risks. Investment plans allow us to maximise our life savings via long-term savings.
Here are a few investment options for you. Saving Account :
You can invest by depositing your money in a savings account. Open an account in either a public or private bank of your choice.
Liquid Funds:
There are two types of funds available for people. They are Short-Term & Ultra Short-Term Funds.
Equity Linked Saving Schemes (ELSS) :
Many banks and investment companies have Equity Linked Saving Schemes. The schemes are created to increase equity value.
Fixed Maturity Plans :These are plans where money gets locked in for a specific period of time / until the plan is mature.
Gold :The price of gold keeps on increasing each year. Investing in gold is helpful for many as it can be exchanged for cash later on.
All of these will bring you high returns. This is a list of investment plans available in India.
Investment Plans |
Plan Type |
Entry Age |
Maximum Maturity Age |
Policy Term |
Fund Options |
Aegon iInvest |
ULIP |
7 - 55 years |
70 years |
10/ 15/ 20/ 25 years |
5 |
Aviva iGrowth |
Unit-Linked life Insurance plan |
18- 50 years |
60 years |
10, 15, or 20 years |
3 |
Bajaj Future Gain |
ULIP |
1 - 60 years |
70 years |
10 - 25 years |
7 |
Bharti AXA eFuture Invest |
ULIP |
18 - 60 years |
70 years |
10 years |
6 |
Bajaj Allianz Fortune Gain |
ULIP |
1 - 63 years |
70 years |
7 - 30 years |
7 |
Bajaj Allianz Retire Rich |
Unit-Linked pension plan |
30 - 73 years |
80 years |
7 - 30 years |
3 |
Canara HSBC Smart Monthly Income Plan |
ULIP Plan |
18-50 years |
N/A |
5 - 30 years |
7 |
Edelweiss Tokio Guaranteed Income Plan |
ULIP Plan |
0-60 years years |
70 years |
5-25 years |
7 |
Exide Life Wealth Maxima |
ULIP plan |
0-65 years |
75 years |
10, 15-20 years |
6 |
Future Generali Easy Invest Online Plan |
ULIP |
0-60 years |
18-70 year |
10-20 years |
5 |
HDFC Life Click2invest |
ULIP |
30 days - 65 years |
75 years |
5 - 20 years |
8 |
HDFC SL YoungStar Super Premium |
Unit-Linked child plan |
18 - 55/65 years |
65/75 years |
10 - 20 years |
4 |
ICICI Pru Smart Life |
ULIP |
20-54 years |
20-64 years |
10 - 25 years |
8 |
IDBI Federal Smart Growth Plan |
ULIP |
30 days-55 years |
70 years |
10, 15,20-25 years |
6 |
India First Smart Save Plan |
ULIP |
5-65 years |
75 years |
10-70 years |
4 |
Kotak Invest Maxima |
ULIP |
0-65 years |
75 years |
10,15,20,25-30 years |
5 |
PNB Metlife Money Back Plan |
Money Back Plan |
13-55 years |
65 years |
10 years |
N/A |
SBI Life- Smart Scholar |
Unit-linked child plan |
18-57 years (for proposer) 0- 17 years (for child) |
65 years |
8-25 years minus child's age at entry |
7 |
SBI eWealth |
ULIP |
18 - 50 years |
60 years |
10 - 30 years (both inclusive) |
4 |
TATA AIA Wealth Maxima |
ULIP |
30days-60 years |
100 years |
100 minus(-) age at entry |
11 |
This is all from my end on which is best investment plan in India.
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Which is best investment plan in India ?
Yamika
276 Views
1 Answers
2 Year
2022-05-08T14:22:32+00:00 2022-05-08T14:22:32+00:00Comment
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