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Best Investment Plans for Middle Class Family in India

• Posted by IIFL Team October 22, 2021 Filed in Family & Home ##investment strategy  ##LongTerminvestment  ##insurance  32 views
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  Middle class - it is the stratum that builds our economy and resiliently works towards having a safe and secure future. The most important thing to remember while designing a financial plan is to set relevant financial goals. We need to choose the right instrument that will help us in achieving these goals.

  The minimum investment period of 5 years works as a great positive return, especially when it comes to becoming the choice of the middle class. Investing for a longer period of time is a habit that many have lost, and long term investments allow us to continue with this traditional but healthy financial approach. Long-term investments also help us to get better and more stable returns. However, the choices of profitable long-term investments have come under scrutiny after the introduction of Long Term Capital.

  Here is the list of the best investment plans for middle class family in India to get high returns on their investments with minimum risk in 2021.

  • Savings Account
  • Fixed Deposit
  • Corporate Deposit
  • SIP in Equity Mutual Funds
  • Stock Market
  • Gold Bonds

  
  The power of savings can be understood only during your struggling days. Those who belong to the middle class have the capacity to move up to the next stage only if they plan their finances properly. If not, there is a chance for their finances to slip into the red zone as well. With each of the investment plans explained in detail, it is up to you to choose the correct option that suits your goal and start investing.