You have several investment opportunities in Kerala nowadays, and choosing the right one may seem like a daunting task. While you need to select investment plans based on your risk profile, time horizon, and other factors, certain platforms offer great opportunities for beginning your journey to accumulate wealth and become rich.
One of the most wanted investment options in India is mutual funds. The majority of assets are invested in stocks among mutual funds. Over a certain time, it has the potential to produce inflation-beating returns.
The point is that there are also high risks with high rewards. You only need to invest in equity funds if it meets your risk tolerance to achieve your investment objectives.
Only after checking the investment style of the fund manager can you select the mutual funds. It is quite simple and straightforward to invest in these funds.
The systematic investment plan or SIP allows you to begin investing in mutual funds with an amount as small as Rs 500 per month. It assists you to regularly invest small amounts of money in your choice of mutual funds.
In addition, you benefit from the average rupee cost as you invest in all stock levels. The average cost of buying units over time is helpful. You have various kinds of funds like equity which involves top investment companies, debt, hybrid systems, solution-oriented systems, index funds, and fund schemes. It helps you select the right mutual fund based on the risk profile to achieve your financial objectives.
National Pension Scheme
The national pension system (NPS) is a publicly funded pension scheme. You get the much-needed security for your investment with the sovereign guarantee. When you retire, you have to invest 40% of the corpus accumulated for 60 years in an annuity scheme.
This scheme provides a monthly pension. Investment in the NPS also entitles you, pursuant to section 80CCD(1B) of the IT Act, to extra tax benefits of up to Rs 50,000 per year. In addition to the regular deductions in taxes under Article 80C, Section 80CCC, and Section 80CCD, this deduction is available where tax savings of up to Rs 1.5 lakh are available per year.
NPS invests your money in broader asset groups, such as equity(E), corporate bonds (C), public securities (G), and other funds (A). You can choose to invest mostly in business bonds and government securities if you are a conservative investor.
Youth, however, can opt for a higher share in equities. You can allocate up to 75 percent for NPS shares in the equities. NPS gives you the opportunity to develop your own portfolio by assigning funds to the four active classes.
However, you also have the option of auto choose where you automatically invest money in certain proportions throughout the asset classes, according to your age.
Public Provident Fund
The Public Provident Fund (PPF) is an investment option that is right for you if you’re a risk-averse investor. PPF is one of the common man’s most popular options for tax savings investment.
Here, the bank or a post office help you out in opening an account. PPF has a 15-year lock-in period with a five-year option to extend your account. If you are an employee, the PPF can be an excellent investment option, as it offers more interest than the bank FDs.
If you need a loan, you can make a premature withdrawal from your PPF balance after the 7th year you open the accounts. The EEE tax benefit is one of the most attractive features of a PPF account. In accordance with Section 80C, the amount you invest is taxed by up to 1.5 lakh per year.
In addition, your interest and the maturity withdrawal are tax-free. You have to invest at least Rs 500 per month and can invest up to Rs 1,50,000 per year.
Real Estate Investment
Real estate is a good investment option for those with significant disposable incomes. This is a very good way to invest long-term. The 2016 Real Estate Regulation and Development Act (RERA) has further boosted the Indian real estate market.
In the industry, security measures for buyers and sellers are well-regulated. The demand for real estate has risen as never before in rapid development and urbanisation. With accessible house loans at lower interest rates, the barriers to affordability have been removed.
It also allows buyers to save a considerable amount of tax every year until the home loan has been paid.
Stock Market Investment
Only if it matches your risk appetite can you invest in stocks to achieve investment goals. It helps to maximise your returns if you select the right stocks over time. For example, you can select stocks of enterprises with a financial moat.
This is a competitive advantage over competitors and peers that can result in a higher market share for a company. By investing in stocks across sectors and various industries, you need to diversify your stock portfolio. The systemic investment plan or SIP will help you invest in stocks. It is a way of regularly investing fixed sums in your stocks.
Here’s a bonus tip: have you ever considered doing investment business in public properties such as amusement parks or other areas where recreational activities take place? Also, have you heard about halal investment in Calicut? Halal investments refer to investments that follow Islamic principles.
Then it’s time to dream big because it’s now attainable in Kerala’s renowned Landmark entertainment city, which offers a plethora of investment options. It’s not just investments, but investments with excellent returns.
For institutional and private investors, they provide appealing investment portfolios and profitable collaboration opportunities. They are one of the best firms to have as your best investment options in Calicut, Kerala because they have pledged to meet the needs of investors in the areas of tourism, entertainment, and pleasure.
Their headline project comes with a guaranteed rental income and a significant profit share. Investment in Kozhikode which is South India’s first mega entertainment destination… If you’re thinking about making a business investment, become one of their clients.