Now, a perfect investment portfolio is not an easy task to create, because it will have to fit in accordance with your time horizon and risk appetitive. In this column, we will discuss the top 23 investment options in India which will help you to achieve financial freedom. You need to choose the perfect investment options in accordance with your time horizon and risk appetite.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n Public Provident Fund is a tax saving instrument in India to promote small savings and investments. This scheme offers deductions under section 80C of the income tax act, 1961 on the contributions made. Any individual irrespective of resident or non-resident Indian citizen can open with a minimum investment of Rs. 500\/-. Here are the features of the Public Provident Fund.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n In order to secure the post-retirement life of the employees who work in the organized sectors i.e. electrical, mechanical or general engineering products, iron and steel, paper, textile, EPF was introduced as a retirement benefit plan. Under the scheme, not only employees but also employer contributes 12% of the basic salary [Basic Pay + Dearness Allowance] of an individual towards the employee\u2019s EPF account.\u00a0 Here are the features of the Employee Provident Fund.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n A national savings certificate or NSC is a scheme run by the Central Government of India. The scheme aims at generating income for Indian citizens. This scheme is executed via the Indian Postal Department. One can invest minimum Rs. 100\/- and there is no upper limit. Additional investment can be made in the multiple of Rs. 1000\/-.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n You can put the money into the scheme at once and further you may add capital year after year. Time duration will be started when you make the first investment. National Savings Certificate has a lock-in period of 5 years. Before that, you cannot withdraw your money. The lock-in-period is calculated from the date on which you make the first contribution of either lump sum amount or year on year basis.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n The National Pension Scheme\u2019s main object was to lower the liabilities of the Government of India with regards to the total pension as well as to ensure that the country\u2019s citizens would earn a stable income following the retirement along with helping them earn decent returns on their investment. For more details, you may read the article National Pension Scheme.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n From the year 2009, the scheme has been made open to every individual Indian Citizen whether Government Employee or Private Employee or unemployed or any other resident in India or Non-Resident Indian (NRI) who is between the age of 18 & 65.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n The money invested in the National Pension Scheme is managed by the Pension Fund Regulatory and Development Authority (PFRDA), a Government Organization. It deals with the management of funds. This authority transfers the funds of individuals to these registered Pension fund managers like LIC Pension Fund, SBI Pension Fund, UTI Retirement Solutions Pension Fund, etc. The scheme invests money in Equities (E), invests in fixed income instruments (C) other than Government Securities, makes investment in alternative investment schemes (A) and in government securities or bonds (G).<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n The national pension scheme offers two choices namely auto choice and active choice. Under the Auto Choice, the contributions made by any individual have invested automatically in different asset classes mentioned above. But under the Active choice, the individual can choose as per the life cycle fund matrix designed by experts i.e. An Aggressive Fund, the Conservative Fund, and the Moderate Life Cycle Fund.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n This scheme was launched in 2015 with the motto \u201cBeti Padhao, Beti Bachao\u201d by the Government of India. This scheme is very popular for not only its objectives but also a tax deduction it allows up to Rs. 1.5 Lakh under the Income Tax Act, 1961.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n Under this scheme, a bank account is opened in the name of the girl child. This account can be opened anytime after the birth of the girl child till she attains the age of 10 years by any of her parents or guardians.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n In a financial year minimum amount of Rs. 1000\/- and maximum of Rs. 1.5 lakh can be deposited.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n You have to continue the contribution of minimum Rs. 1000\/- and maximum Rs. 1.5 lakh in a financial year till the girl child attains the age of 15 years.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n You cannot withdraw any part of the money before the scheme\u2019s maturity. But only for your daughter\u2019s higher study 50% of the money you invest can be withdrawn. The account will mature when the girl attains 21 years of age. If the girl gets married after 18 years of age, but before the age of 21 the account will be closed and the whole amount can be withdrawn by the girl or transferred to her Aadhaar enabled bank account.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n Atal Pension Yojana (previously known as Swavalamban Yojana) is a government-backed pension scheme targeted at the unorganized sectors. This scheme will ensure the pension for workers such as personal maids, drivers, gardeners, etc. after they attain the age of 60 years. Atal Pension Scheme secures a pension for a subscriber when he or she attains the age of 60. At that time when an individual subscriber takes retirement, this scheme provides him a pension for his livelihood in old age.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n Under the Atal Pension Yojana, there is a guaranteed minimum monthly pension for the subscribers i.e., Rs. 1000\/-, Rs. 2000\/-, Rs. 3000\/-, Rs. 4000\/-, Rs. 5000\/- per month. Under the scheme, the government of India contributes 50% of the total contribution of workers such as personal maids, drivers, gardeners, etc. ranging between Rs. 1000\/- or 50% of the total contribution in a year whichever is less for the initial 5 years.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n Recurring deposit is one of the best investment options with a systematic and disciplined investment process for risk-averse investors. Any individual can start with recurring deposits in either post office or banks for tenure between one year and five years. The interest is fully taxable in accordance with income tax law, 1961. Irrespective of bank or Post office both allow premature withdrawals at any point with a penalty of 1% less than the interest rate offered.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n If you are a risk-averse investor and wish to invest your money through a secured investment option, apart from the recurring deposit, a fixed deposit (FD) is one of the best options available. Usually, banks or post offices offer a fixed deposit for a tenure varying from 7 days to ten years. The interest income is taxable in the hands of the investor according to the income tax law, 1961. Irrespective of bank or Post office both allow premature withdrawals at any point with a penalty of 1% less than the interest rate offered.<\/span><\/p>\r\n \r\n\r\n<\/span><\/p>\r\n Top 10 investment options – The Economic Times<\/a><\/span><\/p>\r\nTop 23 Best investment options in I<\/strong>ndia<\/strong><\/span><\/h2>\r\n
Option #1. Public Provident Fund (PPF)<\/strong><\/span><\/h3>\r\n
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Option #2. <\/strong><\/span>Employees Provident Fund<\/strong><\/span><\/h3>\r\n
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Option #3. <\/strong><\/span>National Savings Certificate<\/strong><\/h3>\r\n
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Option #4. <\/strong><\/span>National Pension Scheme<\/strong><\/h3>\r\n
![\"Investment](\"http:\/\/capitalante.com\/wp-content\/uploads\/2019\/02\/Investment-Options-in-India-NPS-1.png\")
<\/a><\/figure>\r\n<\/div>\r\nKey Features of the National Pension Scheme<\/strong><\/span><\/h6>\r\n
Option #5. <\/strong><\/span>Sukanya Samriddhi Scheme<\/strong><\/h3>\r\n
Key features of Sukanya Samriddhi Scheme<\/strong><\/span><\/h6>\r\n
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Option #6. <\/strong><\/span>Atal Pension Yojana<\/strong><\/h3>\r\n
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Option #7. <\/strong><\/span>Recurring Deposit in Bank and Post Office<\/strong><\/h3>\r\n
Option #8. <\/strong><\/span>Fixed Deposit in Bank and Post Office<\/strong><\/h3>\r\n
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