9 Investment Schemes for Meeting Long Term Goals Without Putting Capital at Risk

Every investor wants to achieve his/her goals with their investments. However, it is crucial to select the right investment option to meet investment goals.

In this article, we will discuss 9 investment schemes that can help you meet your long-term goals.

Every investor tries to earn higher returns by not taking a lot of risk with their capital. However, making significant returns without taking any risk isn’t possible. But it can be easy to mitigate risk if an investor selects the right investment schemes and plans to stay invested for a longer-term.

Here are some of the investment options to meet long-term goals-

  • Atal Pension Yojana (APY)

Atal Pension Yojana is a government scheme. It aims to provide pensions to individuals after retirement. APY is administered by Pension Fund Regulatory and Development Authority (PFRDA). Citizens between the age of 18-40 can apply for this scheme. The pension will start when the person reaches the age of 60.

  • Equity

If you have a high-risk appetite, then equity is one of the best options. It can help you earn substantial returns. However, you need to research before selecting the stocks you want to invest in. Furthermore, equity can help you achieve your long-term goals.

  • Equity Mutual Funds

Equity mutual funds invest in equity stocks. Such funds can also offer great returns. If you can take some risk, then it can be a good option for you.

  • Debt Mutual Funds

Primarily, debt mutual funds invest in securities like government securities, treasury bills, other money market instruments, etc. You should consider debt mutual funds if you want to earn stable returns.

  • Senior Citizens’ Saving Scheme (SCSS)

Senior citizens’ saving scheme can be availed by senior citizens and early retirees. It has a five-year tenure and can be extended by 3 years after its maturity.

  • Real Estate

In case you have a second house, then you can use it to earn rental income. However, the location of your property will impact the rental income.

  • Gold

You can invest in paper gold. Such investment happens on a stock exchange with gold as the underlying asset. You can also invest in sovereign gold bonds to own paper gold. Furthermore, you can invest in gold mutual funds.

  • Pradhan Mantri Vaya Vandana Yojana (PMVVY)

It is for senior citizens aged 60 years and above. The scheme provides pension income payable monthly, quarterly, half-yearly, or yearly.

  • National Pension Scheme (NPS)

National Pension Scheme can provide you with income in life after retirement. It is operated by Pension Fund Regulatory and Development Authority (PFRDA).

Which Investment Option is Better For You?

While there are many investment instruments for achieving long-term goals, you need to select the option that suits you. Market-linked investments can provide higher returns. However, they are also risky. Fixed-income instruments might not provide significant profits. But they are low at risk. You need to consider your risk appetite and goals before selecting the investment.

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