Where to Invest Money for Good Returns in India
The key to earning good returns in India is to understand your financial goals first. After determining your monthly cash flow (income less expenses), choosing the appropriate funds, and investing, the next step is to determine your investment strategy. Best Options for Investment Investing options should be based on your financial goals' longevity. Three years or less is considered a short term period, whereas a long term period is one that is greater than ten years. The following choices are the best for both long- and short-term horizons: Mutual Funds In order to achieve financial goals such as retirement or property ownership, equity mutual funds offer the best long-term wealth growth option. Because the top-performing equities mutual funds have produced annualized returns of about 20% over the past ten years, ordinary investors' initial investments of Rs. 1 lac have grown to Rs. 6 lac. However, it is advised to either use an independent financial expert or go online and ch...