You are probably on the lookout for the best investment opportunities for your financial goals at the start of 2020. To make your job easier, we have compiled a list of some of the top investment platforms in India so you can make a more informed decision. There is not a one-size-fits-all solution with respect to investments. It is exceedingly unique to one’s financial targets. We review the main characteristics and latest updates of each platform in this article, so you can make a choice that suits you best.
Best Investment Platform In India
One of the most sought-after investment opportunities in India is mutual funds. Among mutual funds, the top-rated are equity mutual funds, in particular. This is because of their ability to have big returns. Some of the best performing funds have produced Cumulative Average Growth Returns of up to 20 percent in a decade. The point to remember is that elevated risks often come with such high rewards. Also, before making any decisions, it is recommended that you consult financial experts. There are several forms of portfolios and styles of investing, but with mutual funds, you can access the best of all to produce excellent profits.
Public Provident Fund
If you are a risk-averse investor, then the best investment choice for you is the Public Provident Fund (PPF). PPF for the common man is one of the most successful tax-saving investment options. Even, for those who are not Internet savvy, the scheme is simple to launch. This account may be opened at a bank or even at a post office. This scheme comes with a 15-year lock-in period, with the option of extending your account over a five-year block. If you are a salaried person, then you will find this an excellent way to set aside a certain amount for investing in PPF every month.
Stock Market Investment
It may not be easy to participate in stock investments; it needs real-time monitoring of the output of your stocks. While long-term capital gains taxation has been adopted, the post-tax returns provided by stocks are unmatchable. Stock markets have the benefit of different small, mid, and large-cap stocks for investors who can not afford to spend a huge amount so that you can invest in all of them by building a balanced portfolio.
We hope that the provided information has been of help to you. Do leave a comment below for further information on the same.