Best Long Term Investment Plans In India 2020 – Investment Guide
Best Long Term Investment Plans In India, Best Long Term Investment Options in India, here we are providing complete details regarding top long term investment option in India in 2020. We all wish to make the most benefit from our savings, but are often confused about where to invest in, so here we provide you details about various Long Term Investment Plans. When you started for investment your hard earned money, you can find many investment options but due to many investment options you always confused for which Investment option is best or which are not, so here we are providing list of Best Long Term Investment Plans In India. Now you can scroll down below and check “Best Long Term Investment options In India”
Best Long Term Investment Plans In India
Fixed Deposits (With Banks OR Cooperative Societies)
Commonly called FD or FDR, this are a good way to pool your savings and keep them safe. And, also receive a good amount of interest! Tax saver FDRS are also a good option in this regard which can be invested in. Besides, if there is an urgent requirement, you can go for a premature withdrawal. So, this can turn out to be a very helpful investment.
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PUBLIC PROVIDENT FUND – PPF
The minimum contribution required in a year for a Public Provident Fund (PPF) Account is Rs. 500 and the maximum could be up to Rs. 1.5 Lacs. There is a lock in period of 15 years and all these years, you will be getting interest on your accrued interest too! That is, you will receive compound interest every year on a rate specified by the Government. Also, interest received each year is exempt & the contribution made each year is allowed as deduction under chapter VI A. So, this investment will have tax saving benefits also! Any person can open a PPF account with a nationalized bank and make a very safe and secure deposit here.
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NATIONAL SAVINGS CERTIFICATE
The National Savings Certificate has features similar to a PPF Account. It is again an investment with the Government. So, it has got to be safe & it also provides tax benefits. They are also for a fixed term having a fixed interest rate notified by the Government & it also provides good & safe returns. A basic difference between PPF & NSC is that NSC is generally for a shorter term while PPF is for a larger term.
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REAL ESTATE INVESTMENT
If you are aware of the risks & rewards associated herewith, Real Estate is another Green area of Investment. Risky, yes it is but if you have made a perfect investment plan & analyzed & forecasted the probable gain or loss in this transaction, this can turn out to be something good. You can buy in properties when the markets are low & sell it off when the market booms!
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RECURRING DEPOSITS / FLEXI DEPOSITS:
Similar to FDs, here you can invest the amount not in just one go but periodically. This will have dual benefits, you will get the same advantage of a lump sum amount at the maturity like that in Fix Deposit, & apart from that, here you don’t need to pay the entire principal in one go! So, it doesn’t hit hard on your pocket & you can make great investments.
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Again, this turns out to be a little risky investment but if you have a good portfolio manager & you are well aware of the market risks you may face, then you can invest in the same. Just make sure you read the offer document carefully before investing!
INVESTMENT IN STOCK MARKET:
You can study the financial statements of any emerging & growing company & if you find it appropriate, you can invest in the same.
INVESTMENT IN LIC:
You can also invest in insurance policies & receive dual benefits. Not just life security but also good returns on the maturity of the policy.
INVESTMENT IN GOLD BONDS AND OTHER BONDS:
You also have many options in bonds & you can choose the one which suits the best to you. They provide a good & timely return & are preferred as Long Term Investments these days.
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