In this video, I will explain about best investment options to the people in their twenties and thirties. So here are the 4 best investment ideas you need to know
1) PPF Investment
PPF means Public Provident Fund, if you are planning for retirement or long term investment option then PPF is a great option. The tenure of the investment is 15 years and Interest rate is around 7.1% at the current date. The amount you earned is a compound returns and can be opened in Nationalized and private banks as well. The returns are completely tax-free.
2) Equity Mutual Funds
Equity mutual funds are managed by mutual fund managers of a reputated mutual fund house. All the investment will be invested in a high growth equity shares company and allot you according to NAV value.
In recent years, the gold price has increased faster than ever before. Many experts believe gold is a better investment option in the long term, either you can buy direct gold or invest in Gold ETF.
4) Debt Instruments
Most of the debt instruments are safe to invest unlike Equity mutual fund has a higher risk. Many fund managers invest you money in Government bonds, Government securities, and corporate FD.
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