What is the best investment for 15 years?
What is the best investment for 15 years?
Top Investment Options in India
| Investment Options | Period of Investment (Minimum) | Risks |
|---|---|---|
| Mutual Funds | Within a scheme like ELSS a lock-in period of 3 years | Low-High |
| National Pension Scheme | 60 years | Low-High |
| Public Provident Fund (PPF) | 15 years | Nil |
| Bank Fixed Deposits | 7 days | Nil |
Where can I invest my money for long term in India?
List of 10 Best Long Term Investment Plans in India 2021 for High Returns
- Bank Fixed Deposit (FD)
- Post Office Savings Schemes.
- Public Provident Fund (PPF)
- National Savings Certificates (NSC)
- Corporate Fixed Deposits.
- Sukanya Samriddhi Account (SSA)
- Unit Linked Insurance Plan (ULIP)
- National Pension System (NPS)
How many Indians invest in mutual funds?
While 75 crore Indians have bank accounts, 35 crore people have insurance policies. AMFI aims to get 2\% of India’s population to invest in mutual funds.
What is the penetration of the mutual fund industry in India?
Going by these numbers, you can say that the penetration of the mutual fund industry in India is close to 7\% (based on the number of PAN card holders, which is mandatory to invest in mutual funds). These 2 crore investors have 6.60 crore folios. This means, each investor holds at least 3 folios in mutual funds.
How many PAN card holders in India invest in mutual funds?
Currently, there are 29 crore PAN card holders in India. Going by these numbers, you can say that the penetration of the mutual fund industry in India is close to 7\% (based on the number of PAN card holders, which is mandatory to invest in mutual funds). These 2 crore investors have 6.60 crore folios.
How many investors are there in the mutual fund industry?
The mutual fund industry has two crore unique investors. AMFI’s latest data shows that less than 1.5\% of Indians invest in mutual funds. Of the total 134 crore people in the country, the mutual fund industry has 2 crore unique PAN indicating that the industry has 2 crore investors.