Investment plans are strategies that individuals or institutions use to grow their financial wealth over time. These plans involve putting money into various assets such as stocks, bonds, real estate, ULIP plans, annuity plans, capital guarantee plans, and businesses to generate profit. Depending on one's financial goals and risk tolerance, there are different types of investment policies to choose from, each offering potential returns and levels of risk.
An investment policy in India is a strategy to grow your wealth over time. It considers your financial goals, risk tolerance, and investment horizon to create a portfolio of investments that aligns with your needs. A well-structured investment policy can help you to build a solid financial foundation and secure your future.
Some investment options in India include:
There are the best investment plans with high returns in India which include Tata AIA Fortune Pro, Birla Sun Life Wealth Aspire Plan, Bajaj Allianz Smart Wealth Goal, Max Life Online Savings Plan, etc.
Investment Policies | 3 years return | 5 years return | 10 years return | |
---|---|---|---|---|
27.23% | 28.59% | 22.51% | View Plans | |
25.01% | 21.37% | 21.09% | View Plans | |
23.44% | 19.51% | 20.39% | View Plans | |
28.29% | 26.79% | 20.21% | View Plans | |
24.77% | 26.65% | 19.81% | View Plans | |
35.23%+ | 30.62% | 19.37% | View Plans | |
17.42% | 18.35% | 16.89% | View Plans | |
25.49% | 22.89% | 15.69% | View Plans | |
18.94% | 16.76% | 15.02% | View Plans | |
14.83% | 15.01% | 14.61% | View Plans | |
13.65% | 15.04% | 14.38% | View Plans |
Disclaimer: Okbima does not endorse or promote any investment plans. Returns can fluctuate as per the market.
The best Investment options in India offer many benefits to grow your wealth and secure your financial future like as help in wealth accumulation, tax savings, diversification, etc.
Benefits of Investment Policies:
Wealth Accumulation
Investment plans provide revenue to grow wealth over time. Through systematic investments, you can benefit from the power of compounding. For example, investing in equity mutual funds has historically yielded an average return of around 12-15% over the long term.
Tax Savings
Some investment policies offer tax benefits under Section 80C of the Income Tax Act, 1961. For example, investments in the Public Provident Fund (PPF), Equity Linked Savings Schemes (ELSS), and National Pension System (NPS) are eligible for tax deductions up to Rs. 1.5 lakhs per annum.
Diversification
Best investment plan in India allows you to diversify your portfolios across various assets such as equities, bonds, real estate, and gold. Diversification helps you to reduce overall risk and increase the potential for returns.
Financial Goals Planning
Investment policy helps you to plan and achieve your financial goals, whether short-term (e.g., buying a car) or long-term (e.g., retirement planning). By setting clear investment objectives and strategies, you can make informed decisions to grow your wealth over time. It is essential for building a secure financial future.
Liquidity
While some investment options like Fixed Deposits (FDs) have a lock-in period, many others offer liquidity, allowing you to access your funds when needed. For example, mutual funds offer high liquidity with no lock-in period (except for ELSS, which has a three-year lock-in).
Retirement Planning
The best investment plans in India such as the National Pension System (NPS) specifically cater to retirement planning. The NPS offers the option to choose between various asset classes and provides a regular income stream post-retirement.
There are so many types of good investment plans in India which can be categorized into Low-Risk Investment, Medium Risk Investment, and High-Risk Investment.
Low-risk investment options are ideal for conservative investors looking to protect their capital or we can say this is Safe Investments with High Returns In India. While the returns may be lower compared to riskier investments, they offer stability and security.
Medium-risk investment options carry a moderate level of risk and offer the potential for higher returns compared to low-risk investments like savings accounts or money market funds.
A high-risk investment option refers to investments that have a higher potential for losses but also higher potential returns. While high-risk investments can be rewarding, they also come with a greater chance of losing money.
Choosing the best investment policies in India requires careful consideration of various factors such as your financial goals, risk tolerance, investment horizon, and current market conditions.
Determine your short-term, medium-term, and long-term financial goals. Whether it's buying a house, funding education, retirement planning, or wealth accumulation, your investment choices should align with your objectives.
Identify your risk tolerance before investing. If you're comfortable with volatility and have a long investment horizon, you may opt for higher-risk instruments like equities. For those seeking stability, fixed-income options might be preferable.
Evaluate the tax implications of different investment options. Some investments offer tax benefits under Section 80C of the Income Tax Act, while others may attract capital gains tax.
Spread your investments across different asset classes to reduce risk and optimize returns. Diversification helps mitigate the impact of market volatility on your portfolio.
To buy the best investment plan in India, you typically need to provide certain documents as per the regulations and requirements of the investment provider.
Income Proof: Form 16 of the latest year, the Last 3 months' bank statement showing salary credit, and income tax return for the last 2 years.
Address Proof: Voter ID, Aadhaar Card, and Passport.
Age Proof: Voter ID, Aadhaar Card, and Passport.
Identity Proof: Pan Card, Aadhaar Card, and Passport.
Income Proof: Form 26AS, or Income tax returns of the last 2 years are not filed in the same year along with income calculation. If income computation is unavailable, it indicates that the income tax returns (ITRs) for the past three years were not filed within the same fiscal year.
Address Proof: Aadhaar Card, Passport, and Voter ID.
Age Proof: Aadhaar Card, Passport, and Voter ID.
Identity Proof: Pan Card, Aadhaar Card, and Passport.
We prefer quality service and attention to each minute detail is our specialty. You can hear directly from our loving customers.
4.7 / 5 (Based on 212 Reviews)
Because the funds in a ULIP are tied to the stock market, their performance is directly influenced by the stock market. As a result, the performance of each ULIP is determined by the market.
The following are the benefits of the policy: -
You get a secured source to invest your funds
You get to choose the number of years you want to invest for
You are able to make goal-based investments
You get maturity benefits on surviving the term of the policy
In case of the death, the nominee receives the death benefit and hence the family is financially protected during the most unfortunate times.
The premium paid for investment insurance plan is eligible for tax deduction U/S 80C and 10(D) of Income Tax Act.
You are able to get a secured loan against the corpus built by you through investment or the surrender value of the policy at that point of time
You need not put your funds at two different places. Single source fulfils your investment as well as insurance needs
The amount paid as premium as well as yield on the investment made can serve to fulfil the retirement needs of the policy holder
In case, the policy holder does not want to continue with the plan, he can opt to surrender and receive the surrender benefits, however it can be done after a specific period or as defined by the insurance company of your investment plan
Investment Insurance plans are safer because they guarantee returns even if you live longer than the policy term. Your nominee would get the sum promised if you died tragically before the conclusion of your insurance term.
There are a variety of tax-advantaged investment and insurance plans, such as ULIPs, where tax assets can claim benefits for the amount invested. An individual is entitled to a deduction under sections 80 C and 80 D of the Indian Income-tax Act for investments made or premium payments made under an insurance plan.
Investment and insurance plans are personalised investment routes for an individual with the goal of creating a disciplined and periodic investment in various funds in order to reach their long-term financial goals, as well as some insurance coverage.
Here are a few of the best investment insurance policies on the market in India:
Unit Linked Investment Plans (ULIP)
Guaranteed Return Plan
Money Back Plan
Monthly Income Plan
Participating Endowment Plan
In an investment strategy, there are two types of funds: equity and debt. An equity fund offers large rewards but also comes with a high level of risk. A debt fund is more steady, less risky, and provides moderate but predictable returns.
Equities and large-cap mutual funds are two investing options in India that have the potential for high returns. However, before participating in these investment plans, you should talk with your financial advisor and request their assistance in investing and managing your investment portfolio.
Paying premiums for an investment plan is as simple as it gets these days, as all you have to do is come to our website and pay the premium online. If you want to pay the premium in cash or by check, you can do it at our office.