Indian women take place of 26% labor force. Although the government will try to improve this percentage but women in the workforce progressing rapidly. As there salary increases they try to shortlist the best investment option available in the market.
Let us check some of Them
1. Public Provident Fund:
PPF is an excellent investment option to invest and get a good return. The total return you earn to completely tax-free. Rather than simple returns, this option offers you to get a compounded rate of interest. To use this your income will increase manifold. You can open the PPF account to visit a post office or nearest Bank this will provide you a 7.6% compound interest rate on your Principal amount, And the locking period is 15 years.
2. Fixed Deposit Account:
Fixed Deposit is also the best investment option for women. Some of the banks and institutes offer this scheme some of them offer the highest FD rate but some of them don’t. The average interest rate offer by the bank and institution up to 9.0%. If you withdraw your fund you have to pay some certain amount as a charge.
3. Mutual funds
This investment option is also popular for long term investment. Your life goals achieved by investing in mutual funds. You must select the mutual fund according to your objective and you're convenient.
4. National Pension Scheme:
This is one of the best safest investment options offers by the Indian government and it also provides security to the investors. NPS is giving investors the option to instruct in various investment instruments like equity, bonds
Related Read: Three Safe Ways to Get a Good Return On FD
Related Read: Three Safe Ways to Get a Good Return On FD
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