Post Office RD, FD, NSC, SCSS vs SIP: If you want to invest money for the mid-term, you will find many such schemes in which you can earn a good profit by investing money for 5 years. Post Office RD, FD, NSC, SCSS or SIP, understand here by calculation which of these schemes can earn you maximum profit by investing.
Post Office FD
If you invest Rs 5,00,000 in a 5-year FD of Post Office, then you will get interest at the rate of 7.5% on it. In 5 years, you will get interest of Rs 2,24,974 at the rate of 7.5% and the maturity amount will be Rs 7,24,974.
NSC
Investment is also made in the NSC scheme of Post Office for 5 years. 7.7% interest is being given on this scheme. If you invest in this, you will get an interest of Rs 2,24,517 at the rate of 7.7% and the maturity amount will be Rs 7,24,517.
SCSS
If you are a senior citizen, then Senior Citizen Savings Scheme (SCSS) is also very good for investment. You can deposit a lump sum amount in this scheme for 5 years. This scheme is giving 8.2% interest. On depositing Rs 5,00,000 in this scheme, you will get an interest of Rs 2,05,000 at the rate of 8.2% and the maturity amount will be Rs 7,05,000.
Mutual Funds Lumpsum
If you want, you can also invest a lump sum amount in Mutual Funds. The average return of MF is considered to be 12%. If you invest Rs 5,00,000 in lump sum, then at the rate of 12%, you will get an interest of Rs 3,81,171 and in 5 years you will get Rs 8,81,171. But keep in mind that Mutual Funds are market linked schemes, there is no guarantee of return in it.
Mutual Funds SIP
If you want to invest in Mutual Funds through SIP, then you can do this as well. If you invest Rs 8,334 every month in SIP, then you will invest a total of Rs 5,00,040 in 5 years. At the rate of 12%, you will get an interest of Rs 1,75,878 and in 5 years, a total fund of Rs 6,75,918 will be created.
Post Office RD
If you want to invest in Post Office RD, then you can do this as well. This scheme is also for 5 years. It is giving 6.7% interest. If you deposit Rs 8,400 every month in it, you will invest Rs 5,04,000 in 5 years. At the rate of 6.7%, you will earn Rs 95,474 as interest and the maturity amount will be Rs 5,99,474.
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