Investing early in your career can help you save big during retirement.

We should all invest with the future in mind. Especially the salaried employees, because after some time their salary will stop. Investing early in your career can help you save big during retirement. Besides, investing and saving will also bring money management experience. Investment should start within 20 to 30 years. But later there is no problem. Now the question is where will they invest? Long term investment options are discussed in detail in this report.

Equity Linked Savings Schemes
One of the best investment options is Equity-Linked Savings Scheme or ELSS. Tax exemptions are also available with this scheme. Each scheme has a lock-in period of 3 years. This amount cannot be used before the expiry date. As per Income Tax Act 80C, tax deduction up to Rs 1,50,000 lakh is available through this scheme.

Provident Fund
Fixed Deposit Fixed Deposit is the safest investment option for the future. If the customer deposits a lump sum, the bank will pay annual interest on that amount. From long-term to short-term, a variety of options are available. Interest rates vary based on tenure.

Mutual Fund (Mutual Fund) is a suitable option for those who want to get more returns. The return on this investment is relatively high. But there are risks in mutual funds. If customers want to take less risk, they can invest in less risky funds by researching well. Those who can take more risk can invest in equity mutual funds.

Gold Investment in gold is always safe. Customers can buy gold jewelery or invest in digital gold. Virtual Gold is suitable for those who want to invest less money. It takes a lot of money to buy jewelry, on the other hand, you can start investing in digital gold with just 500 rupees.