Which investment gives highest return in India?
Now, let us take a quick understanding of each of the best investment options with high returns in India 2021 one by one:
- Unit Linked Insurance Plan (ULIP)
- Public Provident Fund (PPF)
- Mutual Fund.
- Bank Fixed Deposits.
- National Pension Scheme (NPS)
- Senior Citizen Savings Scheme.
- Direct Equity.
- Real Estate Investment.
What is the best way to invest 1 million dollars?
8 Best Ways to Invest $1 Million 1 Pay Off Every Single Debt. First, if you have any major debts, you’ll want to pay those off. 2 Be Sure You Have a Fully-Funded Emergency Fund. Again, before we start talking about investments, let’s be sure you’ve got your financial base in place. 3 Max Out Your Retirement Savings First.
How to invest in fixed deposits in India?
Fixed deposits are the most widely used investment instrument in India. You can open FD in banks as well as Post Offices. You may get better interest rates in post office as compared to banks. FDs give you an annual return around 6\% to 7\% (0.5\% to 1\% higher for senior citizens).
What is the best way to invest 5-7 years in stocks?
If you wish to stay invested for 5 to 7 years, choose a mix of debt and equity. If you choose to stay invested for more than 7 or 10 years, then equities are the best option among all. Go for an index ETF instead of mutual fund (Bank ETF is the best and well diversified). Also add an FMCG ETF and/or IT ETF to your porrtfolio.
Which is the best stock to invest 1 lakh in India?
1 lakh in HDFC bank: One of the biggest private bank in India. HDFC bank has one of the most diversified business in India. The stock has given multibagger returns in past and it is expected to do so. 1 Lakh in IRCTC: One of the monopolistic stock from railway sector. Government holds around 77\% stake in IRCTC.