Receiving a corpus as a maturity can be exciting, but it can also leave you wondering what to do with the lump sum of money. After all, everyone wants to invest money wisely and get the most out of it.
Plenty of investment tools empower investors to grow their corpus while reducing risk with stable returns. Returns can be used to meet daily expenses and boost spending power.
Let this article take you to look at some of the top five places to invest a corpus received as maturity.
Fixed Deposits
Fixed deposits are the way to go if you want a safe and secure investment option. You can put your corpus in a fixed deposit account with a bank or a post office and earn a fixed interest rate for a period. This option might be a better choice if you want to avoid taking any risks with their money and want a safe and stable return.
Mutual Funds
Mutual funds are another way of investing a corpus received as maturity. It helps in creating a diversified portfolio of stocks, bonds, and other securities by experts. Professionals with the knowledge and experience manage mutual funds to make the right investment decisions. You can choose from different types of mutual funds based on your risk appetite, investment goals, and potential return calculation.
Stocks
Investing in the stock market could be a preferred option if you are willing to take some risks with your money. Stocks can provide high returns if invested in the right equity stock at the right time.
However, investing in the stock market requires a lot of research, analysis, experience, and expertise to get good returns. It is essential to diversify your portfolio to minimise your risk.
Real Estate
Real estate is another popular investment option if you have a significant amount of money as a corpus, say ₹1 crore. Property investment can provide you with a regular rental income and appreciate its value over time. However, you can choose a property that can raise the value of your capital, which requires due diligence and careful supervision of the site.
Gold
Gold is a popular investment option for people who want to hedge against inflation and economic uncertainty. You can also invest in digital gold through gold ETFs, gold mutual funds, or physical gold. It can provide you with a hedge against currency fluctuations and can also appreciate over a period of time.
Conclusion
There is no limit to investment choices available for someone who has received a corpus on maturity. Choosing a suitable investment requires the establishment of an objective and risk appetite. Considering the amount of corpus can also help to decide better. A diversified portfolio will definitely help to minimise the risk and maximise the returns.
Smart investing of the corpus can offer a secure financial future and help you achieve your long-term financial goals.
Anushka Trivedi is a freelance financial content writer. She can be reached at anushkatrivedi.com
Disclaimer: This story is for informational purposes only. Please speak to a SEBI-registered investment advisor before making any investment-related decision.
