Along with the New Year, starts a season of New Year Resolutions. While some focus on their physical growth and development, some keep their eyes on achieving financial growth and development. And if you are amongst the people who wish to make the most of this new year to improve their overall financial health, here are some of the best investment options for 2022.

As they say, the best way to utilise your money to create wealth for yourself is by investing it. Let’s start your journey towards improving your overall financial wellness and achieving your financial goals with the best investment options in 2022.

Keeping in mind that the most important aspect of investment planning is identifying the investor’s financial goals, risk appetite, investment tenure and accordingly suggesting the ideal investment options that will meet all the investors’ requirements.

Low-Risk Investments
If you believe in taking a minimum risk with extremely less volatility, these low-risk investments are the best investment options for you. These low-risk investment plans are the best way for you to grow your investments and create the required wealth while ensuring minimum risk and minimizing losses due to market volatility. However, even though these investments offer extremely low risk, you need to stay invested for the long term and it is also recommended to understand the details and if required consult a certified financial planner before making a decision.

Public Provident Fund
The Public Provident Fund (PPF) is one-of-the most popular investment options amongst salaried individuals and investors seeking low risk and high returns. If you are comfortable with a lock-in period of 15 years, PPF can help you get better returns than Bank Fixed Deposit. However, you can choose to make a partial withdrawal after 5 years, which may be subject to certain conditions. Currently, investing in PPF can help earn an interest of 7.10% per annum.