International Women's Day 2023: 3 Investment Options You Can Consider

The RBI issues sovereign gold bonds on behalf of the Indian government. It is comparable to purchasing actual gold in certificate form. They are thought to be among the most profitable gold investment strategies. One gramme of gold is the minimal amount you need to start investing.

To establish a retirement fund, the government introduced the National Pension Plan, a pension combined investment scheme. It enables investment across four distinct asset classes. Under NPS, one may open either a Tier 1 Account or a Tier 2 Account.

The best aspect about using mutual funds to begin your investment journey is that you may do it with as little as Rs. 100. They provide the advantages of expert fund management, freedom to contribute as a lump payment or SIP, diversification, and the power of compounding. So, you should ignore short-term market changes and avoid trying to time the market if you are investing with a long-term perspective with the goal of achieving returns that beat inflation. You are averaging the costs if you continue to invest, let compounding work its magic, and stay invested.