Solutions: all your questions answered
Investment plans are financial products that allow you to invest money with the goal of growing your wealth over time. These plans typically offer various options such as mutual funds, life insurance with investment, fixed deposits, and retirement savings plans to help you achieve your long-term and short-term financial goals.
Investing helps you grow your wealth, secure your future, and achieve your financial goals such as buying a home, funding your children’s education, or ensuring a comfortable retirement. Investment plans can provide better returns compared to traditional savings methods, helping your money work for you.
To choose the right investment plan, consider factors such as your financial goals (retirement, education, etc.), time horizon, risk tolerance, and the type of returns you're looking for. Our experts at S2 Financial Services can help you assess these factors and recommend a suitable investment plan tailored to your needs
Mutual funds pool money from many investors to invest in a diversified portfolio of stocks, bonds, or other securities. The fund is managed by a professional fund manager. As an investor, you own units in the mutual fund and share in the fund's returns based on the performance of the underlying investments.
Fixed Deposit (FD) plans are low-risk investments where you deposit a lump sum amount for a fixed period at a predetermined interest rate. The interest earned on the FD is paid periodically or at maturity. FD plans are a stable way to grow your money over time, with minimal risk involved.
Many investment plans come with tax-saving benefits under sections like 80C of the Income Tax Act. For example, investments in ULIPs, certain mutual funds, and pension plans may offer tax deductions, helping you reduce your taxable income. Additionally, some plans offer tax-free returns under 10(10D).
You can easily track the performance of your investments through online portals or statements provided by your insurance or mutual fund company. Our team at S2 Financial Services will also regularly update you on the performance of your investments, helping you make informed decisions.