Safe Investment Options India: Indian investors are very cautious about saving money as well as investing it. Most investors prefer safe and secure investment options that give better returns. In which their money remains safe and also gives good returns over time.

If you have a lump sum amount and are looking for a safe investment option like fixed deposits, then some of these options may be useful for you. Let us know about some such investment options…

Public Provident Fund

PPF is a long-term safe investment scheme, whose maturity is 15 years. Investors get about 7.1 percent interest on this. Also, both interest and maturity amount are completely tax free.

Senior Citizen Savings Scheme

This scheme is especially very beneficial for people above 60 years of age. It gives about 8.2 percent interest and the tenure is 5 years. Investors can extend this period further also. Besides, they also get the benefit of tax exemption.

post office time deposit

This scheme is similar to fixed deposit, except that the interest rate is usually slightly higher. Its duration ranges from 1, 2, 3 and 5 years. The special thing is that tax exemption is also available on the 5 year option.

Sukanya Samriddhi Yojana

This scheme has been specially made for daughters and it gives interest of about 8.2 percent. The scheme maturity period is 21 years. Apart from this, one also gets the benefit of tax exemption on investment.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

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