If you are planning to invest your savings money in a good place. In such a situation, this news is especially for you. It is worth noting that there are a large number of people in the country who do not have a good understanding of finance and savings. In such a situation, many people are not able to invest their savings in the right place. If you want to invest your savings money in a good place. In such a situation, this news is especially for you. Today, through this news, we are going to tell you about those great schemes, where you get great returns on investment. If you are planning to invest in a good scheme for the long term. In such a situation, this scheme is a great option for you. In this series, today we are going to tell you about some such great schemes, where you are getting good returns on investment.
PPF
If you are planning to invest in a safe place, from where you can get good returns and do not have to face any kind of market risks. In such a situation, you can invest in the Public Provident Fund Scheme run by the government.
At present, by investing in this scheme you are getting an interest rate of 7.1 percent. Your money invested in PPF matures in 15 years. In this scheme, you can invest a minimum of Rs 500 and a maximum of Rs 1.5 lakh.
Mutual fund
Mutual fund investments are subject to market risks. Movements in the stock market have a direct impact on this area of investment. However, it can prove to be a good option for you for long-term investment. Over the years, many mutual fund schemes have provided good returns to investors.
Gold
Gold is also seen as a good option for long-term investment. You can invest in gold by buying gold jewelry gold coins etc.
(PC: iStock)