Jamshedpur. If you have savings of Rs 5 to 7 lakh and you are not able to understand where to invest this money – gold, silver, land or anything else – then there is a very easy and beneficial way for you. Financial advisor Javed Akhtar Khan, who has been helping in the field of investment for the last 21 years, says that if you do not need this money for the next 5 years, then investing it in a Multi Asset Allocation Fund would be a very safe and wise step for you.
Less risk, more earning
First understand what a multi asset fund does. It divides your money into stock market, gold, debt instruments (bonds), commodities and other assets in one place. This means that your money does not just stay in one place, but works in many places. This reduces the risk and increases the possibility of earning. This is the reason why such funds have shown the ability to give good returns of up to 10 times to investors in the last several years.
Now compare with land, gold and silver
Buying land is not an easy task. This requires paperwork, registration, time and hard work. When the time comes to sell, the buyer asks for many important tasks, due to which money can also get stuck. The rate also increases very slowly. The price of gold and silver also goes up and down, but at the time of selling, making charges, tax and other deductions are made. These reduce your returns significantly.
Buy-Sell in one click
On the other hand, investing in multi asset funds is very easy. You can buy in one click, sell in one click. No paperwork, no fear of storage. Fund managers keep moving your money wisely among different sectors.
Many big and trusted companies (AMC) of India are doing good work in this category –
Like ICICI Prudential Multi Asset Fund, Nippon India Multi Asset Fund, HDFC Multi Asset Fund, SBI Multi Asset Allocation Fund, Kotak Multi Asset Allocator Fund, Aditya Birla Sun Life Multi Asset Allocation Fund etc. Many of these funds have given good annual returns to investors in the last 10 years.
So if you have Rs 5-7 lakh and want safe, easy and better long-term returns, then Multi Asset Allocation Fund will keep your money safe and grow it well. This is today’s modern, hassle-free and smart investment method.
