Horizons and risk levels below are general descriptions. The exact riskometer of each mutual fund scheme is given in its scheme documents and changes over time.
Mutual FundSchemes that invest mainly in shares of companies. Suited to long horizons because values can move sharply in the short term.
Mutual FundSchemes that invest in bonds, government securities and money market instruments. Carry interest-rate and credit risk.
Mutual FundSchemes that combine equity, debt and sometimes gold within one portfolio, in proportions set by the scheme.
Mutual FundEquity-oriented schemes eligible for deduction under the old tax regime, with a three-year lock-in per investment.
Mutual FundPassive schemes that aim to track an index such as the Nifty 50. ETFs trade on the stock exchange like shares.
DepositDeposits with Shriram Finance, HDFC Bank, PNB Housing and LIC HFL, paying interest at a rate fixed at the time of investment. Senior citizens usually get a higher rate.
InsuranceTerm, endowment, money-back and pension plans that provide financial protection to your family.
InsuranceAnnual cover for vehicles, homes, shops and travel against specified risks.
InsuranceMediclaim and critical illness policies that pay for hospitalisation and treatment costs.
Post OfficeMIS, NSC, KVP, TD and SCSS. Government-backed small savings schemes, with interest rates notified every quarter.
Nuvama WealthNon-Convertible Debentures, capital gain bonds under section 54EC for saving tax on property gains, and gold bonds, through our partnership with Nuvama Wealth.
Nuvama WealthDemat and trading account opening support through Nuvama Wealth, useful for bonds, ETFs and shares.
LoansHouse loan, mortgage loan, plot loan, car loan, bike loan, personal loan and education loan, arranged with lenders.
Tell us your time horizon and what the money is for. We will share the relevant scheme and policy documents so you can decide.
