Gold Investment:

Without gold, a portfolio is never complete for an Indian consumer. It has always been the favourite investment option. Events like marriages can be called as mini festivals of gold. If gold is such an unavoidable metal, why not start saving for it right away! We believe the best way to do it is through Gold ETFs. It will help you avoid the hassle of storing physical gold but keeps giving you the appreciation in the price rise.

Sukanya Samriddhi Scheme:

The Sukanya Samriddhi Scheme is a Government of India initiative to encourage savings for girl child. It can be opened from the time of birth till your daughter attains 10 years of age.A  minimum of 1,000 and maximum of 1.5 lakh can be invested every year. Deposits can be made for 14 years and maturity period of the account would be 21 years from the date of opening the account.

The interest rate is an attractive 9.2 percent per annum which is subject to change.

Read More: 6 Best Ways One Can Save Money While Travelling

FDI in Services Rises 20Percent to $1.46 Bn in First Half of FY16