Allowing your money to grow is a badge of honour – do you agree? It is a brag around the table when you work less, and your money works more. That is what investing does for you. But the question that pops in our head first is, how am I supposed to know which investment gives me enough returns. Moreover, there is the part about risks. But, let’s understand one thing at a time.

Why Do You Need to Invest?

Investing makes sure financial security both now and futuristically. It lets you increase your wealth while also outperforming inflation. You also gain access to the magic of compounding. Furthermore, investments have the ability to help you achieve financial goals such as acquiring a home, saving for retirement, and establishing an emergency fund, among others.

For instance, it’s the year 2000, and you have bought gold for 30,000 rupees, and now it has been 10 years, and it is 2010. Are those goals still worth that 30,000? Definitely not – it is worth double or even triple. This is exactly how investments fight inflation for you.

Investing fills you with financial discipline since you acquire a habit of getting away a certain amount each month or year for your investments. Some investment vehicles, such as the Equity Linked Savings Scheme (ELSS), the Public Provident Fund (PPF), the National Pension System (NPS), and others, can help you reduce your tax liability.

Now, are you looking for high-return investments? That is not far away, and it is all at an arm’s distance through some Best Online Investments – here we will talk about the top investments with ample amount returns in your hand.

Best Investment Plans with Big Returns

Here are some of the top investment options you wouldn’t want to keep waiting for anymore.

1. Liquid Funds

A liquid fund is a type of mutual fund that invests only in debt and money market instruments with maturities of up to 91 days. These funds invest in debt instruments with a residual maturity of fewer than 91 days at the time of investment, such as Treasury bills (T-bills), Commercial Paper (CPs), Certificates of Deposit (CDs), and Bank Term Deposits.

2. Short Term Funds

Short-term funds are debt mutual funds that invest in debt and money market assets that meet the criteria. The initiative will last between one and three years. These funds’ investment goal is to generate income through accrual over the maturity term of the instruments in the scheme portfolio.

3. Ultra Short Funds

Ultra-short duration funds are fixed income mutual fund schemes that invest in debt and money market assets. The scheme portfolio has a duration of 3 to 6 months. So, if your goal is to be invested for a short period, you can do it effortlessly and liquidate at the earliest.

4. Fixed Maturity Plans

Fixed maturity plans, also known as FMPs, are a type of debt fund that primarily invests in fixed income instruments such as certificates of deposit or bonds to lock in current rates. This is done to eliminate the interest rate fluctuations that debt markets suffer.

Fixed maturity plans are closed-end mutual fund schemes with a set maturity date. The duration ranges from 30 days to 5 years. The most typical tenures are thirty days to 180 days, 370 days, and 395 days.

5. Treasury Bills

Treasury notes are issued at a discount to their face value, and the buyer receives the face value upon maturity. For example, a Rs 100 treasury bill can be purchased for Rs 95, but the buyer receives Rs 100 when it matures. The yield on treasury bills is determined by the economy’s liquidity condition.

6. Gold

You do not need an explanation for what gold is, and you know how it works to invest in gold. You should also know that gold has never had a history of ever dropping, and it has also played a very good part in being a hedge against inflation.

7. Fixed Deposits

A fixed deposit, commonly known as an FD, is an investment vehicle offered to customers by banks and non-banking financial organizations (NBFCs) to help them save money. With an FD account, you can invest a large sum of money at a fixed rate of interest for a set period of time. 

At the conclusion of the term, you will receive the lump payment plus interest, which is a good money-saving strategy. Banks provide varying rates of interest on fixed deposit accounts.

You can effortlessly start investing, especially given all of the options you have open online. If you want to open an FD account, you do not have to open it in the bank – you can just do it through an application, hassle-free. The same applies to every other investment, including the opportunity you have to buy digital gold.

Conclusion

You do not have to wait to start investing – you can do it online, through brokerage websites, banking applications, and so many more options out there for you. But, choosing your investments must always be based on your financial goals.