Mutual Fund Inflows at 10-Month Low: Here Are 3 Alternate Investment Options
The mutual fund industry in India has recently witnessed a significant downturn, with total assets under management (AUM) falling 4%, from Rs 66.98 lakh crore in January to Rs 64.26 lakh crore in February. This decline in inflows has left many investors searching for alternative investment avenues. If you’re one of them, worry not! Here are three promising options that could help diversify your portfolio.
1. Public Provident Fund (PPF)
The Public Provident Fund (PPF) is a government-backed savings scheme that offers attractive interest rates and tax benefits. With a lock-in period of 15 years, it encourages disciplined saving while providing a safe investment option. The current interest rate on PPF is around 7.1%, making it an excellent choice for risk-averse investors looking for long-term growth.
2. Fixed Deposits (FDs)
Fixed Deposits remain a popular choice for conservative investors seeking guaranteed returns. Banks and financial institutions offer various FD schemes with varying tenures and interest rates. While the returns are lower compared to equities, the safety and assured returns make FDs a reliable alternative, especially in uncertain market conditions.
3. Real Estate Investment Trusts (REITs)
For those looking to invest in real estate without the hassle of property management, Real Estate Investment Trusts (REITs) are a great option. They allow investors to pool their money into income-generating real estate projects, offering the potential for capital appreciation and regular income. With the Indian real estate sector poised for growth, REITs can be an attractive addition to your investment portfolio.
Explore More Investment Options with Looffers.com
If you’re considering alternative investments, explore Looffers.com for a variety of financial products tailored to your needs. Whether you’re looking for competitive interest rates on FDs or the latest opportunities in REITs, Looffers.com provides comprehensive resources to help you make informed decisions.
In conclusion, while mutual fund inflows may be at a 10-month low, there are plenty of alternative investment options available. Diversifying your portfolio with PPF, FDs, or REITs can help you navigate these turbulent times and secure your financial future. Happy investing!
