Here is the complete list of post office schemes in India:
Post office saving account
Public provident account (PPF)
5-year Post office Recurring deposit
Post office Time deposits account
Post office Monthly Income account
Senior citizen saving scheme
National Savings certificate (NSC)
Kisan Vikas Patra (KVP)
Sukanya Samriddhi account
These are the popular Post office schemes available in India. Where would you like to invest? Do give your suggestions.
@balogh03 Yes, the earlier one starts financial planning, the more amount we can accumulate. DIY approach is fine but getting professional help is also a good idea especially if you are a new investor. People are realising the importance of financial planning these days. It's great you consulted a financial expert. How was your experience and what guidance you got? A brief idea, if you can give.
Here we discuss in brief about Short term debt funds, its meaning, features and objective to invest. Investment in the capital markets always exposes your capital to the risk of volatility. So, it is not suitable for those investors who depend on their savings for livelihood.
Short Term Debt Funds: Features
Short Term Debt Mutual Funds provide an alternative to traditional Fixed Deposits and Monthly Income schemes.
Short term debt funds can offer higher returns and low volatility.
These are also known as income funds.
These fund invests in Govt. and companies debt instrument and money market instrument of shorter duration of maturity of up to 3 years.
These are highly liquid debt instruments and also help the investors to fight inflation.
How Debt Funds work?
The fund generates its return from interest it receives from bonds and capital appreciation.
The bonds are traded at regular market and bond prices are affected by Interest Rates Risk i.e bond price and interest rate moves in opposite direction, credit risk, and inflation.
For example: If the interest rate falls in the economy, new debt instruments starts getting issued at newer rates less than previous rates. Then investors start to buy the old bonds which have high rates and the price of bond increases.
What's your take on Short term debt funds in India? There are so many investing instruments, one tends to get confused. So, be careful in planning your investments.
Queries about Child Plans and how to save for your child education, future and marriage.
We need to admit that the upcoming era will be more difficult than this one. The prices of all things are going up. The cost of education will increase with time. We need to save for education of our children and do proper financial planning.
@vijaykapoor282 I totally agree with you. Financial planning is really essential these days. Once we start earning whether in job or business, we should think about savings and planning investments too. The sooner we realise the importance of financial panning, the better and happier we can live in the coming days.
Hey nice details, very useful tips for beginners.
Personal finance is a subject that is of utmost importance but is not taught in our schools. We need to be more aware of it to be successful financially in our lives.
Hi, Thanks for giving such helpful details. I already have a PPF account. I think maximum people in India do have a PPF account. It is the most common investment and tax saving option. So, I also opened one. Now, I have a decent income, so looking for some other investing ideas. I can take moderate risk only. Is SIP a good way to invest my excess funds? Can anyone who has invested, let me know a bit more about it? Some feedback on it is much appreciated.
@prateek Hi, I too agree to your point that in mutual funds: the more time you stay invested, the probability of good returns increases. In fact, I believe that one has to stay calm, not to panic on market lows and wait to cash in better results. Its normal human tendency that once market is low, we start withdrawing our investments.
But, I think a bit differently, one should wait a bit, analyse the market trends and try to lower losses.
For a salaried person, I think starting a SIP in mutual funds with a small amount can be a great idea. That doesn't burden his pocket plus he doesn't need to dive directly in stock market. So, dual purpose is solved. What do you think?
@navya FDs are losing their shine these days. The interest rate is not so high. Then tax is deducted. So, what we get in hand is too less. Inflation rate is so high and I don't think FDs are an ideal choice. What do you think? Am I correct in my thinking? We need to look for different investments to earn better.
@harleen I was really confused as to what is demat account. I am not from investing field. I am a newcomer in investing. Many doubts got cleared after reading this. I am not interested in trading since that sounds risky. But, I wish to invest for long term.
@ishu Yes, financial planning is really crucial. The cost of living is so high these days. I wonder how the prices of products and services will sky-rocket in the coming years. So, it's better we plan well for our retirement. There are too many financial advisors, I really get confused which one to choose. Is it worth consulting a financial planner? What if, I want to manage my investments myself, is it possible? or Should I consult for better investment options?
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