Frequent question: Which investment is better than fixed deposit?

What is better than a fixed deposit?

Debt funds are tax-efficient as compared to fixed deposits. The interest from bank fixed deposits are added to your taxable income and taxed as per your income tax bracket. The capital gains after holding debt funds for a time period under three years are called short-term capital gains (STCG).

Which is better PPF or FD?

FD is better than PPF because of its more flexible attributes and it is better than RD because it offers higher interest rates. Among RD, FD and PPF the best instrument for investing your money is different for every customer. … A PPF has a limit of deposit of Rs. 1.5 lakh per year.

Which type of investment is best?

Let us look in detail at some of the best investment options available in India for growing your money:

  • Fixed Deposits (FD) …
  • Mutual Funds. …
  • Mutual Funds. …
  • Direct Equity. …
  • Post Office Saving Schemes. …
  • Bonds. …
  • National Pension Scheme (NPS) …
  • National Pension Scheme (NPS)

Which is best mutual fund?

EQUITY HYBRID DEBT OTHERS Filter

Scheme Name Plan Category Name
SBI Large & Midcap Fund – Direct Plan – Growth Direct Plan Large & Mid Cap Fund
Large Cap Fund
Canara Robeco Bluechip Equity Fund – Direct Plan – Growth Direct Plan Large Cap Fund
Franklin India Bluechip Fund – Direct – Growth Direct Plan Large Cap Fund
THIS IS INTERESTING:  Is it good to invest when market is down?

Which investment is best and safe?

Comparison of Top Safe and Return Investments in India

Investment Return Potential Suitable for
Capital Guarantee Plan Moderate-High All
Public Provident Fund (PPF) High Risk-averse investors
Bank FDs Medium Risk-averse investors
NPS High All

Which investment is best for monthly income?

Best investment options to get a monthly income

  • NBFC Fixed Deposit: …
  • Post Office Monthly Income Scheme: …
  • Senior Citizen Savings Scheme: …
  • Long-term Government Bond: …
  • Equity Share Dividend: …
  • Annuity: …
  • Mutual Fund Monthly Income Plan:

How can I double my money in 1 year?

Doubling Your Money In 1 year

If you are an aggressive investor and wish to see your money double itself in a span of 1 year then according to the rule of 72, you need to invest in avenues that provide annualized returns ranging between 70% to 72% (72/72 = 1).

What is best way to invest money?

Best Options for Investment

  1. Mutual Funds. When it comes to long term wealth creation to achieve financial objectives like retirement or buying a home, equity mutual funds are the best options amongst the other. …
  2. Real Estate. …
  3. Stock Market. …
  4. NPS. …
  5. PPF. …
  6. Initial Public Offerings. …
  7. Systematic Investment Plans.

Which is best LIC or PPF?

While LIC policies serve the purpose of insurance, a PPF serves the purpose of savings. PPF is a Public Provident Fund meant for long-term savings and retirement.

PPF VS LIC.

Points LIC PPF
Risk Safe Safest
Target audience Caters to those who have dependents Caters to everyone
Tenure Flexible 15 years
THIS IS INTERESTING:  Your question: Are dividend stocks good for retirement?

Is PPF risk-free?

The capital in a PPF account is completely protected as the scheme is backed by the Government of India, making it fully risk-free with guaranteed returns. The PPF account is however not inflation protected, which means whenever inflation is above the latest guaranteed interest rate, the deposit earns no real returns.

Is EPF better than PPF?

Both are safe due to statutory backing. But EPF is riskier due to equity exposure in it. The EPFO declares the EPF rate every year based on the returns of the EPF corpus. The current EPF rate is 8.50% while the current PPF rate is 7.1%.