What are the Best Investment Options for Females?

Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak e-Term Plan

Protect Your family’s financial future with Kotak e-Term Plan. Know more

Kotak Assured Savings Plan

A plan that offer guaranteed returns and financial protection for your family. Know more

Kotak Guaranteed Savings Plan

A plan that offers long term savings and insurance in one premium. Know more

Kotak e-Invest

Insurance and investment in one plan with Kotak e-Invest. Know more

Kotak Health Shield

Insurance against medical expenses related to heart, brain, liver and Cancer. Know more

What are the Best Investment Options For Females?

What are the Best Investment  Options For Females?
  • 14th Apr 2022 |
  • 4,335

The empowerment of women in India, especially in the last two decades has been remarkable. Today women are not only educated but are also independent both socially and financially. They have made themselves so capable that they are now leading their families, organizations, and society. This is a grand feat for us as a society. However, for every woman, savings has been a key priority. As they succeed more and more, the options for new finance and investment avenues are expanding for them. Investing money not only enables them to be independent but also allows them to support their family and maintain a good and healthy living standard.

There are dedicated investment plans for women in the finance market that are designed specifically to cater to their financial goals and needs. However, to find the best investment options for females, it is important to understand how to find them. Moreover, they should also know what factors to look for to identify the best investment options for women. In this article today, we will discuss what are the best investment options for women and also put some light on the best investment options for housewives in India.

PPF (Public Provident Fund)

Considered as the best and the safest option that women can opt for to build a good savings balance. PPF is a popular investment plan that is available in all post offices and banks. When you invest in PPF, compared to other similar long-term saving schemes you get a decent interest rate.

PPF provides an interest rate ranging as high as 7.1% to 8% in a tenure of 15 years. In addition to this, PPF is government-backed and risk-free making it the safest investment option for women. The features that make PPFs more lucrative are the range of deposit amount and the facility of withdrawal after 5 years.

PPFs allow women to invest an amount as small as ₹500 to as high as ₹1.5 lacs per year. Moreover, it allows women to withdraw as much as 50% of the total deposit after 5 years. This enables women to have access to liquidity and at the same time save a large amount. The benefits linked to PPF make it one of the best investment options for housewives in India too.

EPF (Employees’ Provident Fund)

Just like the PPF, EPF is as good, as they allow the working females to allocate a dedicated sum as soon as the income is credited and have a tax-free saving with a decent interest rate. The interest rates on the EPF are generally regularized by the government depending on various economic factors but generally are in the higher range only (above 6%).

In addition to this, working females only have to contribute 8% of their basic income to EPF funds for the first 3 years. The private sector female employees can invest a maximum amount of up to ₹2.5 lacs, while the female employees working in the government sector can invest as much as ₹5 lacs in the EPF scheme.

Kindly note that other than the mandatory government rules of EPF deduction, you can further invest more money into EPF, but you will only get EPF interest as per the rate per annum in the additional sum invested.

ULIP (Unit-Linked Insurance Plan)

A ULIP policy serves as both insurance and an investment tool. They allow an individual to explore the capital market for investment opportunities while also providing essential life insurance. Unfortunately, choosing both a life insurance plan and significant investments can be a time-consuming and financially exhausting prospect for many women. ULIPs can be extremely useful and wise in this situation. In addition, ULIP tax benefits under Section 80C and Section 10(10D) of the Income Tax Act propose that income invested, interest earned, and the maturity amount be tax-free, making ULIPs more appealing to those seeking low-cost investment options.

NSC (National Saving Certificate)

This option is one of the highly opted investment options among women. NSC offers a high-interest rate of up to 8%. Additionally, there is no cap on the sum/money invested. Also, it is a disciplined investment tool that comes with certain restrictions preventing you from withdrawing an amount before maturity for optimum investment output at the time of maturity. These are some of the factors that make NSC one of the best investment options for females.

KVP (Kisan Vikash Patra)

Although it may sound a little out of the league, it is not what you may think. KVPs are certificates issued by the post offices across India offering an annual interest rate of as much as 7.6%. Moreover, KVPs are considered as one of the best short-term investment options for females and have no maximum contribution cap, allowing them to invest large amounts at once. There are many more advantages of investing in KVPs.

SSY (Sukanya Samriddhi Scheme)

Sukanya Samriddhi Yojana is one of the most popular initiatives for girl child in India. It is government-led initiative launched as a part of ‘Beti Bachao, Beti Padhao’ campaign. The idea is to help parents and guardians secure girl child future. This one is particularly for girl’s aged below 10 years of age.

The tenure for SSY is 21 years. You can open an account at Indian posts and banks. Currently, you can earn an interest of 7.6% per annum on your investments.

There are a few more best investment options for women that may fit their investment goal such as National Savings Certificate (NSC), Post Office Monthly Income Scheme, Fixed Deposit (FD), Gold, Mutual Funds, etc. Real Estate. Further, there are other good options available in the market as well.

It is advisable to read the documents of any financial plan carefully before investing in them!

Kotak e-Invest

In this policy, the investment risk in the investment portfolio is borne by the policyholder.


  • Return of Mortality Charges*$
  • Enhanced Protection
  • Multiple Plan Options
  • Zero Premium Allocation Charges
  • Tax Savings^

Ref. No. KLI/22-23/E-BB/521


Browse our library of resources

- A Consumer Education Initiative series by Kotak Life

Similar Articles

Different Types of Endowment Plans

उच्च रिटर्न प्राप्त करने के लिए सर्वश्रेष्ठ इन्वेस्टमेंट विकल्प

Top 5 Principles That Need to be Followed for Wealth Creation

Customising investments to manage your wealth

Safe Investment Options with High Returns for FY 2018-19

What are the Best Investment Options for Students in India?

Successful Financial Planning for Urban Women

How to Make Your Financial Portfolio?

Building wealth through regular investing

Difference Between Passive and Active Investing

Investment Options for NRIs in India

Who Should Invest in Savings Plan?

How Does an Endowment Plan Work?

How Much Wealth Can You Create from ULIP in 10 years?

Why Should You Invest in Term Insurance And ULIP?

Savings Plan for Grandchildren

4 Benefits of ULIP Fund-Switching Feature

Learn About Safe Investments with High Returns in India

Which is Better – FD, Mutual Fund, SIP, or ULIP?

How to Start Saving Money in 10 Simple Ways?

How to Manage Inheritance Money?

Best Long-Term Savings Plans in India in 2022

Planning Financial Goals and Objectives of Financial Planning

Are Gains from ULIP Sale Taxable?

What is better - Guaranteed Savings Plan or Fixed Deposit?

What are the Best Investment Options for Young Adults?

Do You Know the Difference Between Savings and Investment?

How Do One-Time Investment Plans Work?

What are the Best Short-Term Investment Plans with High Returns?

Top 10 Investment Strategies to Create Wealth

Early Investing and the Power of Compounding

Which is a Better Investment - Mutual Funds Or ULIP?

What are Deferred Savings Plans?

Receiving regular payouts at various stages of life

How to Fulfil Your Financial Goals in the Next 10 Years?

How to Increase Net Worth Along with Family Protection

What are Tax-Deferred Savings Plans?

Debt ULIPs vs. Debt Mutual Funds: What's the Difference?

ULIP vs FD - Which is Better and Why?

Important Questions You Must Ask Yourself When Buying a ULIP Plan

How to Plan your Investment to Achieve Periodic Financial Goals?

ULIP Plan as a Gift

ULIP Benefits You Can Avail from Early Investing

Beginner's Guide to Wealth Creation: Meaning, Strategies, & Importance

Planning for Your Child's Higher Education? Explore These Investment Options

What is a Savings Plan and What are is Benefits?

How to Manage Your Portfolio Like a Professional?

Best Investment Options to Cover Your Child's Education

Difference Between Guaranteed Savings Plan and ULIP

Learn About Safe Investments with High Returns in India

Top 6 Investment Plans Available in India

ULIP Investment Strategy: Top Tips to Improve Your ULIP Gains

What are Some of the Safest Investment Options in India?

Why Do You Need A ULIP Plan - All You Need To Know

Factors Affecting Stock Markets

Why Should You Consider Guaranteed Savings Plan for Long-Term Investment?

What are Mutual Funds?

How To Track ULIP Performance?

Is This The Right Time To Invest In ULIP? Why or Why Not?

What is Fund Switch in ULIP? And ULIP Fund Switching Techniques

What's Better for Your Child's Education? Child Plans or Mutual Funds?

Creating a second source of income with life insurance

How To Diversify Portfolio In 2022?

How to Cancel ULIP Policy?

4 Important Tips to Maximize Gains with ULIP Investments

Complete Savings Plan for Low Income Earners

Best One-Time Investment Plans in India

Top 5 Investment Options in 2022 for Healthy Returns

Importance of Portfolio Management

How Can a Legal Nominee Claim ULIP Benefits are the Policyholder’s Death?

Endowment Plan vs Fixed Deposit?

How is Compoud Annual Growth Rate (CAGR) Calculated in ULIP?

Can ULIP Help in Achieving Short-Term Financial Goals?

Asset Allocations in ULIP - Know the Top Benefits

Why is Portfolio Diversification Important? How to Diversify Your Portfolio?

What is the Importance of Saving Money?

How to Plan Savings from Salary?

How to Plan Your Child's Education - A Step by Step Guide

What are the Best Investment Options for Beginners or Amateur Investors in India?

Short Term and Long Term ULIP Plans for Wealth Creation

Best Investment Options in India in 2022

What is ULIP Renewal?

Investments Options to Buy a house in India

Which are the Best Investment Plans for Indian Senior Citizens in 2022?

Benefits of ULIP as a Child Insurance Plan

3 Tips to Buy Guaranteed Savings Plan

Basics of Guaranteed Savings Plan

Difference Between Guaranteed Savings Plan and Guaranteed Income Plan

ULIP as an Investment for Your Child

Why Should Parents Invest in Endowment Plan?

Are Money Back Policies Helpful? A Complete Guide

Things to Know Before Buying an Endowment Plan

Why ULIP is Better Investment for Long-Term Wealth Creation?