- 4 SECURE Investment Schemes with Big Returns #shorts
FinCocktail | Sayali & NiyatiOctober 31, 202400:01:00

- 4 SECURE Investment Schemes with Big Returns #shorts

Good news for us ALL! The government has hiked the interest rates of small savings schemes by up to 70bps for the latest April-June quarter!

This along with the inflation rates reducing in this country, it really makes some of these government schemes an attractive investment! Check out the reel for our 4 favorite secure investments that can yield up to 8% of returns for you and here are an additional 2, in case you ended up reading the whole caption:

The Sukanya Samriddhi Yojana, is a scheme made to increase investments for girl children and the current returns for the quarter are 8%. If you have a girl child, this scheme is something you must consider as it offers a tax benefit too!

Last but not least, our favorite fixed income investment, the Public Provident Fund. Even though it is considered boring and has a VERY long lock in of 15 years, trust us, along with the tax benefits and current returns of 7.1%, it can help you invest in a disciplined manner for the long term!

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#investment #investing #govermentscheme