Best Investment Policies for 2014

The new financial year is about to begin and we are already planning how to go about this year with regards to our finances. A list of investment schemes you can channelize your money in.

2014 have begun and we are on our verge to wrap the financial year and begin a fresh new chapter into our own account books. The plans have already begun and for the once who are yet pondering over how the investments should be channelized here is a list of policies you can invest in.

For 2014 in India the best investment schemes mainly comprises of PP Funds, Fix Deposits, Insurance Investments, NSC and Mutual Funds. There are some high end options as well one can make their investment in such as Real Estate, Stock and Equity investment, Gold & Silver investment and NRO fund investment.

Public Provident Funds

PPF is a good option for securing your money for future use. The major reason to opt for this scheme is for the returns it comes with especially for people who fall under the 30% tax bracket. The rate of interest for the returns is as good as 9%. However the investment tenure can be as lengthy as 15 years. But then the good returns with no major risk involved the high tenure can be overlooked upon.

Fixed Deposits

It is probably amongst the most favourite investment avenue in India. The major reason being a reasonable amount of returns with the money locked in safely. The tenure of an FD ranges from 15 days to 10 years. The rate of interest differ from the financial organisation you opt for however on an average a non-senior citizen can acquaint a rate of interest up to 10%. The rate of interest is a little higher for people who are above 60 years of age. The best part about this plan is one doesn’t need to worry about the investment made until the date of maturity. 

Insurance Policy

The best feature of this avenue is that they make you avail of profits that are completely risk free. There are a variety of types that provide different kinds of coverage. There are many insurance houses you can opt for to make the necessary purchases.

Mutual Fund

If you desire to enter the stock market but aren’t really ready to risk your investments with the fluctuations that happen in the market than mutual funds is the best option one can consider. If you create a diverse portfolio comprising of limited investments it can help you generate high returns. It also helps in reducing the risk factor and avoids complete loss with your investments.

National Saving Certificate (NSC)

With tenure of six years and the ease of Government subsidies it happens to be one of the favourite investment plans of people in India. A nominal amount of Rs 100 is even enough to get started with NSC. The rate of interest for NSC is 8% which is calculated twice in a year.

Investment in Gold & Silver

In 2014 opt for silver than gold the reason for it being the appreciation in gold returns is that in parallel with the rupee appreciation. However for the once who cannot think beyond gold for an investment should opt for about 5% to 10%.

Real Estate

It has always been the hot option for many investors. But the ever escalating price of property rates has even made it tough for the rich to give it a shot. It is therefore advisable to not venture in to real estates in the year 2014.

So get set and begin your financial year on a good note.