February 9, 2024
When it comes to securing one’s financial future, choosing safe investment plans, including best investment plans for monthly income is crucial. In India, wealth management companies play a pivotal role in guiding individuals towards secure investment avenues that align with their financial goals and risk tolerance.
That’s why Tailwind brings you an overview of some of the safest investment plans, guided by our experienced experts:
1. Fixed Deposits (FDs) and Government Schemes:
Wealth management companies often advise clients to consider fixed deposits and government-backed schemes such as the Public Provident Fund (PPF), National Savings Certificate (NSC), and Sukanya Samriddhi Yojana (SSY). These options offer guaranteed returns and are relatively low-risk investments.
2. Mutual Funds with a Focus on Debt Instruments:
For investors seeking a balanced approach between risk and returns, wealth management firms in India may recommend mutual funds focusing on debt instruments. These funds predominantly invest in fixed-income securities, providing stable returns while minimising exposure to market volatility.
3. Diversified Equity Funds and Systematic Investment Plans (SIPs):
Diversified equity funds and SIPs are extremely beneficial for long-term wealth creation. While equity investments inherently involve higher risks, diversification across sectors and market capitalizations helps mitigate risk while offering the potential for higher returns over an extended period.
4. Bonds and Treasury Bills:
Investing in government or best corporate bonds in India and treasury bills is another avenue recommended by wealth management firms for risk-averse investors. These fixed-income securities offer steady returns and are relatively safer compared to equity investments.
5. REITs:
Wealth management companies may guide clients towards Real Estate Investment Trusts (REITs) for diversification and wealth preservation. REITs, while less liquid, can provide stable returns and serve as a hedge against inflation.
6. Gold and Gold ETFs:
As a traditional safe haven, digital wealth management firms often suggest allocating a portion of the investment portfolio to gold or Gold Exchange-Traded Funds (ETFs). Gold acts as a hedge against market volatility and currency devaluation, preserving wealth during economic uncertainties. While no investment is entirely risk-free, a balanced portfolio comprising a mix of these safer options, guided by the experts at Tailwind, can help you secure your financial future and navigate market uncertainties with confidence. Get our digital wealth app today!
