This is a very commonly asked question that we encounter. There are many places for you to invest your money, but where to invest will completely depend on your specific objectives or goals in your life. It will never be the same for every individual.
These are some of the most commonly chosen areas of investment –
- Direct Equity investment
- Equity Mutual Funds
- Debt Mutual Funds
- National Pension System (NPS)
- Public Provident Fund (PPF)
- Bank Fixed Deposit (FD)
- Senior Citizens’ Saving Scheme (SCSS), etc.