Which Small Savings Schemes Will Best Meet Your Investment Goal?
Of the several small saving schemes backed by the government, with limited funds you cannot book profits by investing in all of them. Here's a take on which can best meet your investment goals and considering that interest on these schemes is expected to remain constant regardless of the bond yield based on the rates of which the rate on small small savings is determined. It is yet a good time to park your money in these schemes as you are unlikely to get the stupendous returns currently on offer.
But as with other investment bets, you cannot afford to overlook your investment horizon, payment capacity towards the investment and also the associated goal and your risk appetite.
So, of these schemes you need to factor in the various pros and cons and then decide on the scheme for yourself.
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