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What is the best way to invest after tax money?

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What is the best way to invest after tax money?

10 Ways to Increase Your After-Tax Investment Returns

  1. Use low-turnover mutual funds.
  2. Use index funds in taxable accounts.
  3. Active indexing helps even more.
  4. Look to tax-managed mutual funds for help.
  5. Max out tax-friendly accounts.
  6. Consider a no-load variable annuity as an option.
  7. Be smart about where you hold high-yield bonds.

What is the best way to invest money for short term in India?

Best Short Term Investments Options

  1. Recurring Deposits.
  2. Money Market Account.
  3. Debt Instrument.
  4. Bank Fixed Deposits.
  5. Post-office Time Deposits.
  6. Large Cap Mutual Funds.
  7. Corporate deposits.

What is the safest way to invest money in India?

Top Investment Options in India

Investment Options Period of Investment (Minimum) Risks
National Pension Scheme 60 years Low-High
Public Provident Fund (PPF) 15 years Nil
Bank Fixed Deposits 7 days Nil
Senior Citizen Savings Scheme (SCSS) 5 years Nil
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How can I grow my money tax free?

Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns as of January 1, 2021.

  1. Contribute to a Roth IRA.
  2. Sell your home.
  3. Invest in municipal bonds.
  4. Hold your stocks for the long-term.
  5. Contribute to a Health Savings Account.
  6. Receive a gift.
  7. Rent your home.

Is it better to invest before or after-tax?

Pre-tax contributions may help reduce income taxes in your pre-retirement years while after-tax contributions may help reduce your income tax burden during retirement. You may also save for retirement outside of a retirement plan, such as in an investment account.

How can I double my money in India?

Public Provident Fund (PPF) Public Provident Fund (PPF) is a long term and risk-free saving scheme by the government of India. This scheme offers a tax-exempted return on investment with the added interest of around 7.90\% per annum. You can double your amount in 9-10 years by investing in PPF.

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Where can I invest to avoid tax?

Investment options under Sec 80C

Investment Returns Lock-in Period
Public Provident Fund (PPF) 7\% to 8\% 15 years
National Savings Certificate 7\% to 8\% 5 years
National Pension System (NPS) 12\% to 14\% Till Retirement
ELSS Funds 15\% to 18\% 3 years