10 Budget Friendly Investment Options
Investing can be intimidating, especially for new investors who are just starting to dip their toes into the market. Fortunately, Ajay Kuriakose Jacobs, Managing Director of M-J Global, the fastest growing immigration consultancy in the Middle East, has put together a list of 10 budget-friendly investment options for new investors in India.
M-J Global is well-versed with this topic due to their expertise in financial planning and investment strategies for their clients. With their extensive experience and knowledge of the market, they have identified the following 10 investment options that are ideal for new investors on a budget:
- Mutual Funds:
Mutual funds are a popular investment option for beginners, as they offer diversification and professional management. There are many low-cost mutual funds available in India, making it an affordable option for new investors.
- Exchange-Traded Funds (ETFs):
ETFs are similar to mutual funds, but they trade like individual stocks. They also offer diversification and low costs, making them a good option for budget-conscious investors.
- Public Provident Fund (PPF):
PPF is a government-backed investment scheme that offers tax benefits and a guaranteed return. It has a low budget investment requirement, making it accessible for new investors.
- National Pension System (NPS):
NPS is a retirement savings scheme that offers tax benefits and a low-cost investment option. It also offers flexibility in terms of investment options and contribution amounts.
- Fixed Deposits (FDs):
FDs are a safe and low-risk investment option that offer guaranteed returns. They are also available at most banks and have a low minimum investment requirement.
- Sovereign Gold Bonds (SGBs):
SGBs are government-backed bonds that offer a fixed return and are denominated in grams of gold. They are a good option for those who want exposure to gold without the hassle of physical ownership.
- Direct Equity Investment:
Direct equity investment involves buying individual stocks in the market. While it can be risky, it can also offer high returns if done properly. New investors can start small and gradually build their portfolio.
- Real Estate Investment Trusts (REITs):
REITs are a new investment option in India that allow investors to invest in real estate without buying physical property. They offer diversification and a steady stream of income.
- Corporate Bonds:
Corporate bonds are debt securities issued by companies to raise capital. They offer higher returns than FDs and are available at most banks and brokerages.
- Balanced Funds:
Balanced funds are a mix of equity and debt investments, offering diversification and a balanced risk-return profile. They are a good option for those who want exposure to both equity and debt markets.
In conclusion, investing doesn’t have to be expensive or intimidating. With this list of 10 budget-friendly investment options for new investors in India,For the above options we can get best investment for low budget you can start building your portfolio without breaking the bank. So M-J Global will provide low budget investment ideas.Remember to do your research and choose investments that match your risk tolerance and financial goals. With the right investment strategy, you can grow your wealth and achieve your long-term financial objectives.