Public Provident Fund (PPF) is considered as one of the best investment options for long-term investors who are seeking guaranteed returns. Current PPF interest rate is 7.1% p.a. till September 2022 and being a government-backed scheme, it features minimal risk to the principal amount invested.
For your benefit, you may also find out what is investment for tax saving and invest in such plans. Also, as discussed earlier, when you ponder over what is investment meaning and similar questions, consider adding term plans and health insurance policies in your portfolio for securing your family.
After this, put your funds in instruments like ULIP, mutual funds, ELSS (Equity linked savings scheme) and other government plans.
When talking about equity investments, you may wonder what is equity share?
Here’s what you need to know to understand what is equity share:
Any corporation can use equity shares as a long-term financing source. These are non-redeemable shares that are issued to the general public. Shareholders have the right to vote, share profits, and claim a company's assets. Understanding what is equity share can help you make more informed decisions and create a diverse investment portfolio.