Safest Investments With High Return On Investment

Whenever choosing any investment options, following 3 things are important to be considered in order for your money to provide you highest return on investment:

• Present financial status
• Inflation
• Associated risks
• Rate of Interest

While every investment gives you good ROI, there are some safest investments with highest return and lesser risk which secure your financial future. These are as follows: (Remember, risk free investment options generally yields less returns):

Savings Bank Account:

This is considered to be the safest investment option with best yield and most importantly it is a risk free option.

Where can you open a/c:

Almost every bank offers this viz.

• Public sector
• Private sector
• Co-operative
• Regional
• Rural

Advantages:

• Minimum to zero balance required.
• Balance in your account is directly proportional to the return. So good amount of balance will yield you higher return (For e.g. Rs.10, 000 kept in savings bank a/c with State Bank of India yields Rs.200 with 4% interest. For next half year, it will fetch interest on Rs.10, 200 , and you'll get Rs.204 as interest and so, on)
• Money can be withdrawn at any given point of time.

Best Recommended For:

• Salaried individuals
• Persons with limited source of income.

Risks:

• No risks. Since your money is safe with bank. 

Certificate of Deposit (CD):

This is also one of the safest investment option with higher return on investment but is best suitable for short to medium term investors. It is different from savings bank a/c, where you have to invest a large amount for specific period, starting from few months to few years and for specific rate of interest.

Where can you get CD?

• Public and Private Banks
• Loan Institutions

Advantages of CD:

• Offers high amount of returns for large sum of money kept.

Best Recommended For:

• Short term investors

Risks of CD:

• In case of premature withdrawals you lose on interest.
• Few service providers may penalize you when money is withdrawn prematurely. (Tip: Always read terms and conditions of your investing company)
• Money is under arrest for certain amount of period.
• Yields poorly when length of period for which money is kept is increased.
• Investments are taxed.

Top 10 Tax Saving Mutual Funds to invest in India for 2016 or Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

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