When it comes to securing your financial future, investment is the key. But with so many investment options available, it can be challenging to determine which plan is the best fit for you. In this article, we’ll discuss the best investment plan options available along with a gratuity calculator, making it easier for you to make an informed decision.
Now, let’s explore some of the common investment vehicles that can be part of your investment plan, including an important option known as the Employees’ Provident Fund Organization (EPFO)
The Best Investment Plans
Equity Mutual Funds
Equity mutual funds are an excellent investment plan for those who are looking for long-term investments. These funds allow for diversification and help mitigate risk while providing a high return on investment.
Public Provident Fund(PPF)
PPF is a government-backed savings and investment scheme that provides a secure and tax-free environment for individuals who want to build wealth steadily over time. It has one of the best interest rates amongst all fixed-income investments and accumulates interest annually.
Real Estate Investment Trust(REIT)
REIT allows individuals to invest in real estate without being involved in its physical management. It offers attractive dividend yields, long-term capital appreciation, and diversification benefits.
A gratuity calculator allows employees to calculate the amount of gratuity they are entitled to receive from their employer. It can calculate the gratuity benefit on fixed-term contracts, unlimited contracts and limited contracts. It helps employers and employees plan and budget for the future.
Investment planning plays a vital role in building wealth and securing your financial future. Equity mutual funds, Public Provident Fund, and Real Estate Investment Trusts are some of the best investment plan options available. Use a gratuity calculator to know your gratuity benefits so you can plan for your future expenses. Remember, investment is a long-term game, and with the right investment plan, you can build wealth steadily, safely and enjoyably.