3) Post Office Monthly Income Scheme The post office monthly income scheme is popular in domestic households, especially among housewives and those individuals who are earning passive income and looking to invest that to make some returns.
4) Government Bond The Indian government has opened direct purchase of bonds for individual investors, who could earlier trade in government bonds only via gilt mutual funds, to encourage domestic participation in the sovereign bond market.
5) National Pension Scheme (NPS) The National Pension Scheme is for those who intend to build a robust retirement fund by investing their savings into a government-monitored pension fund that invests in diversified stock market portfolios including government bonds, corporate debentures and shares.
6) Sovereign Gold Bonds (SGBs) SGBs are government securities issued by the Reserve Bank of India (RBI) and denominated in gram(s) of gold. They are issued in multiples of gram(s) of gold with a minimum investment of 1 gram.
7) Equity Mutual Fund An equity mutual fund is an investment vehicle that pools investors’ money and invests it in stocks to generate returns.
8) Unit-linked Insurance Plans (ULIPs) ULIPs are plans that provide consumers the dual benefit of insurance and investment. The way ULIPs work is simple: the policyholder can purchase an insurance plan for which the premium paid is used to provide a cover and the remainder is invested between equity and debt funds.