Stock market
If you are disturbed by the fluctuations of the stock market, then you can get freedom from market fluctuations by choosing safe methods, which give you a fixed (guaranteed) return. Such investment options ensure that your capital remains safe and your return increases in only one direction i.e. above.
However, some of these schemes have a lock-in period (mandatory investment time). For example, the National Savings Certificate (NSC) has a 5-year lock-in, while the public provident fund (PPF) is 15 years old. Here we are telling you about 6 such investment options, which can protect your capital.
6 investment options that can save you from fluctuations
1. Fixed Deposit (FD)
You can invest in any big bank government or private fixed deposit scheme. Most banks pay 5-6% interest annually on 1 year FD. Some NBFCs and Small Finance Banks also pay a little more interest.
2. National Saving Certificate (NSC)
This scheme gives a return of 7.7%. In this, you can open an account with at least Rs 1,000 and then you can invest in multiples of 100 rupees. There is no maximum limit of investment in it.
3. Public Provident Fund (PPF)
It is also a safe and fixed return option, which gives 7.1% annual interest. In this, you can invest from Rs 500 to Rs 1.50 lakh annually. Keep in mind, it contains a 15-year lock-in period.
4. Debt Mutual Fund
They also give safe returns like FD. However, types of returns can be changed on the basis of money market, short duration, long duration, liquid and overnight.
5. National Saving Recursing Deposit
It is counted in small savings schemes and gives 6.7% annual returns. In this, an account can be opened with 100 rupees and there is no maximum limit of investment.
6. Recurring Deposit (RD)
In this, investors can earn good interest by depositing small amounts every month. This account can open in a bank or post office. National Saving RD pays 6.7% annually.