Gold ETF, SIP Mutual Funds and NPS: These can be the best investment options for working women in new year

The number of working women in the country is continuously increasing. Most women keep their money and use that in time of need. Though it is a good option but one should look for avenues where their money ca not only be saved but it also grow. If they invest their money in the right place, they can earn good profits and open path to financial freedom soon in their lives.

In this write-up, we will tell you a few good investment options, which can help you grow your money and give you financial freedom in the long run.
 

1. Gold Investment (Gold)

Women have been investing in gold since ancient times.

In the current times, they can earn profits by investing in gold through investment options like physical, digital gold, gold bond and gold ETF.

Currently, options like digital gold have made gold investment more safe and easy. 
 

2. Stock Market

Though stock market investment is market-linked, the market has been performing well for some time.

One can invest in the share market to earn good profits.

Though it is highly advisable to enter stock market investment with proper due diligence.

Investing randomly can also incur losses.
 

3. Mutual Fund SIP

Mutual investment through SIP is also a good investment options since it balances out losses if the market falls.

Large-, mid- and small-cap mutual funds have given good returns in the last one year and more investors than ever are flocking to mutual fund investment.

One advantage of mutual fund investment is that one can start with a small amount of Rs 500.

Working women can surely opt for this investment.
 

4. Debt funds

Debt funds are mutual funds that invest their money in long-term bonds, securitised products, money market instruments or floating rate debt.

They are considered as safe investment compared to large-, mid- and small-cap funds. 
 

5. National Pension Scheme

Working women can make a good pension fund for old age by investing in the retirement scheme of the Government of India.

There are many private sector institutions which are also running NPS schemes.

These schemes give you a lump sum money at the time of retirement and invest rest of your corpus in guaranteed return instruments such as corporate bonds, equity, and liquid funds.