Which investment gives fastest returns?

11 Safe Investments With High Returns to Consider in 2022-23 Introduction. Investment Types. Fixed Deposits (FD) Public Provident Fund (PPF) ABSLI Fixed Maturity Plan. Unit Linked Insurance Plan (ULIP) Post Office Monthly Income Scheme (POMIS) Senior Citizen Savings Scheme (SCSS) More items... •

lifeinsurance.adityabirlacapital.com - 11 Safe Investments With High Returns to Consider in 2022-23

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Definition

The ABSLI Fixed Maturity Plan is a non-participating endowment plan that offers guaranteed returns as a lump sum on maturity. A savings plan that provides life insurance cover and savings benefits to safeguard your family members from financial crisis in case of an unfortunate event, while helping you accumulate lumpsum benefits to achieve all your dreams. A one-time payment plan to help grow your investment to meet your goals.It gives a fixed return and is not affected by the market changes.

Features and Benefits

Guaranteed Maturity Benefit at maturity irrespective of market conditions.

Financial Security for your loved ones with comprehensive risk cover in case of death of life insured.

Single premium payment

Possibilities of getting enhanced maturity benefit with increase in premiums

Multiple life cover options available

Easy to liquidate the amount

Visit the website of ABSLI

Select the ABSLI Fixed Maturity Plan

Ensure you read all the details of the plan carefully

Choose the tenure and amount you want to invest

Fill out the application form and submit it along with the required documents

Make the payment, and you will receive the policy document post confirmation

The return rate is relatively better and is around 6% - 6.5% which is guaranteed. As it is fixed for the policy term, the market fluctuations do not affect the return rate.Anyone who is eligible for mutual fund investment, i.e., individuals above the age of 18 years, can apply for the ABSLI Fixed Maturity plan.Minimum age: 8 years (if life insured is a minor, the policy will vest in favour of Life Insured after attainment of majority of the Life Insured. For policies issued on minor life, the date of commencement of risk shall be the date of commencement of the policy)Maximum age: 60 yearsThe risk attached to a fixed maturity tenure is quite low because it is not linked to the market. It is an endowment plan which offers guaranteed returns on maturity of the policy.You can also get in touch with ABSLI advisors and enquire about the ABSLI Fixed Maturity Plan and will guide you through the process.

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What is the best asset to own in a crisis?

4 investments to consider if a recession happens Stock funds. A stock fund, either an ETF or a mutual fund, is a great way to invest during a recession. ... Dividend stocks. ... Real estate. ... High-yield savings account. ... Bonds. ... Highly indebted companies. ... High-risk assets such as options.

bankrate.com - What To Invest In During A Recession - Bankrate.com

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What is a good salary by age 35?

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