Kotak Life
Close

Buy a Life Insurance Plan in a few clicks

Close

Now you can buy life insurance plan online.

Kotak e-Term Plan

Kotak e-Term Plan provides a high level of protection to your loved ones in your absence. Know more

Kotak Guaranteed Savings Plan

Kotak Guaranteed Savings Plan is a savings and protection plan that helps you achieve long-term financial goals and provides an insurance cover against any eventuality. Know more

Kotak E-Invest

Kotak e-Invest plan is a complete Unit-Linked Insurance Plan that can be customized as per your goals and needs. Know more

Kotak Health Shield

Kotak Health Shield Plan helps secure your finances in sudden medical expenses such as Cardiac, Liver, Neuro, and Cancer (all early and significant illness stages/conditions of cancer), along with offering protection for personal accidents - in case of accidental death or disability. Know more

Kotak Lifetime Income Plan

Kotak Lifetime Income Plan gives you the security of your income continuing throughout your life and in your absence throughout your spouse's lifetime! Know more

What are Some of the Safest Investment Options in India?

What are Some of the Safest Investment Options in India?
  • 14th Apr 2022 |
  • 1,883

The principle of investing is quite important, and the fact that it provides us with the opportunity to generate significant gains over and above the amount invested is undeniably compelling. However, with so many choices to select from and a desire to profit, it is critical to choose the most appropriate and safe investment options in India rather than those that might potentially pilfer your hard-earned cash. In this article, we’ll go over some safe investment options that will provide you a good return while also keeping your money secure.

Public Provident Fund (PPF)

Supported by the Indian government, the Public Provident Fund (PPF) is an investment scheme that has a 15-year lock-in period. Since the PPF is backed by the government, it is considered one of the safe investment options in India. PPFs, provide much higher interest rates than traditional savings accounts. You may either cash the whole account or extend this for another five years when it matures. As per Income Tax Act, 1961 you are also eligible for tax exemptions for the money paid towards PPF.

National Pension Scheme (NPS)

The National Pension System (NPS) is a long-term retirement investment scheme administered by the Pension Fund Regulatory and Development Authority (PFRDA), and it is a safe investment option in India. It includes, among other things, stocks, government funds, corporate bonds, fixed deposits, and liquid funds. You may determine how much of your income to invest in equities through NPS depending on your tolerance for risk.

Fixed Deposits

Bank FDs are one of the safe investment options in India because there are very few cases of a bank failing on an FD. Bank FDs provide a substantially greater interest rate than normal savings accounts. Section 80C of the Income Tax Act, 1961, covers deposits in 5-year tax-saving FDs allowing investors to claim up to ₹1,50,000 each year.

RBI Bonds

The Reserve Bank of India, or RBI, sell bonds to the general public to raise funds for different government initiatives. These bonds have a set duration and money is repaid along with the investment earnings via interest at the end of the term. Any of the 12 national banking institutions, as well as four private banks, sell RBI bonds. RBI offers a certification of holding to recognize the debt. Upon maturity, this certification will serve as proof.

Gold

In India, gold is frequently seen as a safer place for a family’s heritage, making it one of the safe investment options as well. However, growing expenses and increased charging rates have made them less appealing in recent years. Gold ETFs are getting increasingly popular these days. These are referred to as ‘paper gold.’ ETFs that invest in gold equities and assets are known as gold ETFs. Unlike expensive gold, they may be purchased from the stock market according to financial capabilities.

As this is an ETF (Exchange Traded Fund), it is handled in a passive manner. It is paralleled in Gold’s performance, and the higher gold performs, the higher the performance of the ETFs will be.

Unit-Linked Insurance Plan (ULIP)

A unit-linked insurance plan (ULIP) is a type of insurance that combines investment and life insurance to safeguard your family financially during uncertain situations. The amount you pay for a ULIP is split into two parts: one goes toward life insurance, and the rest is put in the fund of your choice. ULIPs are an excellent investment choice for you and your family’s long-term goals, such as purchasing a home, funding your children’s schooling, planning for retirement, and planning for your children’s marriage because they allow you to opt for a fund that best fits your risk appetite and goals. We have a complete guide on ULIPs to help you.

To summarise, it is clear that the world of investing is calling everyone to reap its benefits after learning about the top five safe investment options in India. However, before choosing an investment choice, you must perform thorough research and select a viable option for you.

Kotak e-Term Plan

Features

  • Nominal Cost
  • Multiple Plan Options
  • Flexible Payout Options
  • Critical Illness Rider
  • Tax Savings
  • Long term Coverage

Ref. No. KLI/22-23/E-BB/492

T&C

Browse our library of resources

- A Consumer Education Initiative series by Kotak Life

Similar Articles

Endowment Plans vs Term Plans: Understanding the difference

Is Group Term Life Insurance Provided By Employer Sufficient?

Is Life Insurance Investment Worthy Enough

Planning For Children's Future

Term Insurance: Most Common Term Insurance Myths Explained | Kotak Life

8 Benefits of Term Insurance You Should Know

Can I Buy Term Insurance for a COVID-19 Patient?

What is a Joint Term Insurance Plan? Key Benefits of Joint Term Plan

Do I Need to Give a Medical Test for Term Insurance in India?

Can I Extend the Tenure of My Term Insurance Plan?

What are the Documents Required for Term Insurance Plan?

How to Identify Term Insurance According to Your Needs?

Protection for your family

Know How to Invest at Every Age for Larger Returns

How Does A Term Life Insurance Work in India?

Insuring Protection Against Death With Death Insurance Rider

4 Methods to Calculate How Much Term Insurance You Need

Why Married People Should Buy Term Insurance Under MWP Act?

Term Insurance – Why You Must Include In Your Financial Planning?

Gift Your Father A Term Insurance Plan This Father's Day

Why Surrendering Your Term Plan Policy In The Final Phase Maybe A Bad Idea?

Is ₹1 Crore Term Insurance Good Enough Cover?

Buying A Term Insurance Plan? Take These Factors into Account

How To Calculate The Amount Of Term Life Insurance You Need?

Different Types of Protection Plans

When is the Right Time to Buy Term Life Insurance Policy for Yourself?

While Buying Term Insurance Compare Features, Not Just Premiums

What Should You opt for - Limited or Premium Pay?

How Does Term Life Insurance Work? Learn the Benefits

Term Plans are Definitely Cheaper than You Think!

Can You Increase Your Term Insurance Cover?

What is Insurance Premium - A Detailed Guide

Term Insurance Basics You Should Know

What Is the Correct Age to Buy Term Insurance?

Everything About Claim Settlement Ratio for Term Insurance

How to Compare Term Insurance Online

Insurance Policy for Housewife In India

What All Documents Required For Term Insurance In India?

How to Ensure That Your Term Insurance Claims Are Never Rejected?

Why Term Plan Should Be The First Step To Securing Your Future?

Buying A Term Insurance? Don't Ignore the Claims Settlement Ratio

Individual Life Insurance vs. Group Term Life Insurance

How To Change The Nominee in Term Insurance?

What is a short term insurance policy?

What are incremental term insurance plans?

10-Year Term Life Insurance Policy - Explained in Detail

Tips to Choose the Right Term Period for Term Insurance Plan

What Are the Best Term Insurance Plans for Planning Retirement?

Term Life Insurance Plan for Smokers vs Non-Smokers

Eligibility Criteria for Buying Term Insurance in India

8 Things To Do After Buying Term Insurance

What Are Insurance Riders and How to Choose Them in a Term Plan?

Is term Insurance Needed for People With No Dependents?

Can I Make Changes to My Term Insurance Policy Post Purchase?

Understanding Term Insurance Riders

Why does every working woman need life insurance?

How To Choose the Right Sum Assured Under a Term Plan?

Term Insurance Calculator - Everythng You Need To Know

Tax Benefits of Term Insurance in India

What is Form 16, Form 16 part A, Form 16 part B, Information Required and FAQs

Term Insurance: Smokers vs Non-Smokers

Is it a Good Time to Buy Term Insurance During the COVID-19 Pandemic?

9 Ways to Help Family Members in Financial Trouble

Can Term Insurance Plans Be Purchased As A Gift?

5 Term Insurance Benefits for Single Women

Different Types of Premium in Term Insurance

How Much Cover Should I Take In A Term Plan?

Do You Need Term Insurance Cover After Retirement?

Term Insurance Plans and Policies for Smokers

Which Term Insurance to Choose: Lump Sum or Staggered Pay-out Plan?

Planning For Son or Daughter's Wedding

Why Should You Add a Rider to a Term Insurance Plan?

How Much Term Insurance Do I Need

Term Plan with Spouse Cover

9 Most Frequently Asked Questions on Term Insurance

Make Your Online Term Plan Your Family's Monthly Pay Cheque

Cost of Term Insurance Likely to Increase Soon

4 Reasons Why You Need Critical Illness Cover

Ideal Features of a Suitable Term Plan - Act Now for a Stress-free Future

Online vs Offline Term Insurance: Which Is The Better Option To Buy

Ensure Protection Against Death, Disease & Disability With Life Insurance

What Happens to Term Insurance Plan With No Beneficiary - Kotak Life

Advantages of Buying Term Insurance in Your 50s

Why Premium Amount for Term Insurance is So Low?

Term Insurance with Critical Illness

How to Surrender Term Life Insurance When you have No Liabilities

Top 3 Reasons Why You Should Buy A Term Plan Now

Why 1 Cr Term Plan Is Necessary For Family?

Why Term Insurance Is Better Than ULIP?

Should You Buy a Term Plan After 40?

What Types of Deaths Are Covered in a Term Insurance Plan?

टर्म इंश्योरेंस क्या है? टर्म इंश्योरेंस का मतलब

Make Your Online Term Plan Your Familys Monthly Payout

Why is it important to buy term insurance plan?

Term Insurance Age Limit – Term Plan for All Age Groups

What is Term Insurance - A Complete Guide

What Is a Passive Income? Why Should You Use It to Buy a Term Plan?

All you need to Know about Term Insurance Plans for Housewives

Which Death Type Does Your Term Plan Not Cover?

Choosing Riders for Insurance Plans

What is Critical Illness Policy

Is a Term Insurance Policy Portable?

Term Insurance With Riders In India

4 Things To Expect From Your Term Insurance Plan in India

What Is a Renewable Term Insurance Policy?

Best Investment Plans for Children - Secure Your Child's Future

Should You Have Multiple Term Life Insurance Policies?

6 Reasons That Make Term Insurance a Must Buy

All About Term Insurance Inbuilt Coverage

Comparing Term Plans – What Should You Look Out For

What is the Right Term Period For Term Insurance Policy? Here's How You Should Choose!

Busting Myths and Facts About Term Insurance Policies

Why Should You Not Take A Term Plan Without Medical Test in India?

Key Differences Between Term Insurance, ULIPs, And Health Insurance

Should Youngsters, Working Couples Buy Term Insurance Plans?

How To Choose the Right Term Insurance Plan?

Is There Any Tax Benefit on Term Insurance?

Do Beneficiaries Pay Taxes on Term Insurance?

Can Non-Resident Indians (NRIs) Buy Term Insurance In India?

Term Insurance: What Happens When You Don’t Pay Your Premiums?

Why Buy Term Insurance Plan With a High Cover?

Are The Add-ons and Optional Features of Term Insurance Plans Actually Beneficial?

Is Term Life Insurance Plan an Investment or Expense?

Insuring yourself against Ill Health with a Critical Illness Rider

Can Senior Citizens Avail Term Insurance?

Term Vs. Whole Life Insurance: Which One You Should Buy in India?

How Not To Get Your Term Insurance Claim Rejected

How Much Term Life Insurance Cover Do I Need in India?

Why Term Insurance Is Important in times of COVID-19?

Advantages & Disadvantages of Term Insurance in India

Steps on How to Buy Term Insurance Online

Key IRDAI Regulations That Changed Face Of Term Insurance Industry In 2020

Insuring Against Disability With Disability Insurance Rider

5 Benefits of Early Retirement Planning

5 Things To Consider While Buying Term Insurance Plan

Insuring Against Accidents with an Accidental Death Insurance Rider

Can A Housewife Buy a Term Insurance Plan - All You Need to Know

What Should Be The Duration Of Your Term Plan in India?

Calculating Term Insurance Premium

Why should single women purchase term life insurance?

Increasing Term Insurance and Riders

Why Should You Buy Term Insurance in 2022?

Why Buying a Term Plan Is Smarter Than Traditional Life Insurance Products

How to Buy 1 Crore Life Insurance Policy Without Medical Test

Is It Good To Buy A Term Insurance Plan In 2022?

What Happens if you Hide Facts in your Term Insurance?

Difference between Term Insurance and Life Insurance

8 Factors to consider before choosing a Critical Illness Insurance

Does Your Term Insurance Plan Cover Death Due to COVID-19?

6 Types of Death not covered in Term Insurance Plan

Importance of Term Insurance at Every Stage of Your Life

Does Term Insurance Cover Accidental Death?

Why Should New Parents Buy Term Life Insurance?

Can I Get Term Insurance on Behalf of My Spouse?

5 Reasons to Buy Term Insurance When You are in Your 30s

Why Buy Term Insurance Even at Rising Rates?

Reasons You Need Term Insurance Plan as a Self-Employed Person