Everybody who have a new born child, looks for a perfect investment which gives them a good corpus of amount when required in their studies or any other financial needs. So to get a good amount investment should start from today , we are suggesting some interesting solutions of investment which can give you sufficient amount to make their future stable.
1. Investment in Sukanya Simraddhi Yojana
If it is a female child then you must invest in the Sukanya Simraddhi Yojana , as it will give a corpus of 1.5 lakhs per year i.e tax free on interest.This gives a chance to save tax as it comes under 80 C and if invested till 18 years gives a good amount.
2. Public Provident Funds
In case of boy child investment could be done in PPF (public Provident Fund) it is very similar to SSY as it also give tax free amount at the time of withdrawal also shares a good amount as the interest rate are approx 8% that is fair enough for the regular investment.
3.Stock Market Investment
But if we compare above two investment they are fixed and interest rates changes but safe as it is not connected with the market, but for larger and good amount of money is required then a third investment plans comes that is mutual funds, stock market investment.
Through SIP (Systematic Investment Plans) you can get a good amount of returns if we invest it strategically and take care about the market properly and for long term definitely you may get a good amount of corpus as past history shows this.
4.Mutual Funds
As compare to stock market investment mutual investment is the best as it gives returns in long term with risk factor we can calculate and according to that move forward. This is best investment for building a good corpus of amount in long term.
5.Soverign Gold Bonds
As many of Indians are very much attracted towards gold but if we invest in gold jewellery it is like a assests and not give much more expected results in the after the valuation goes in the market to resolve this soverign gold bond is the best option which gives a proper channelization without handling real gold at home also help to save making charges as well ,also a 2.5% of additional interest is also given by government , it is secured and best investment if looking for gold returns.
Conclusion-
Above 2 investment is like a debt investment and it is the risk free investment but the interest is little and for the goal to achieve your financial investment stability last option is best which gives a good amount with a compounding facility which in turns gives a proper amount in long term. So Diversified your investment and equally create a portfolio with some high returns and fixed returns which in future gives a corpus of amount that is truly helpful in the future requirement of your kids.
If you are looking for guidance related to investment, we are here to help you!
