Three Investment Options That Offer Over 7% Returns p.a. in 2022

As the festive season rolls around, now is when many choose to set the foundations for prosperity in the coming years. Any actions that work to that result are encouraged, and among these is investing. In fact, for those looking to invest, there are many investment avenues in 2022 that can offer returns of over 7% annually. Choosing any of these or a combination will help you set the stage for attractive returns in the future, so long as you invest wisely.

To help you decide on the right investment option this festive season, here are a few instruments you can invest in right now and get returns of over 7% p.a.

NBFC fixed deposit

Company FDs from reputed issuers are one of the most reliable and attractive options for all investor profiles. These FDs typically have higher rates than bank FDs, and high-rated FD issuers ensure just as much safety. To lock in at FD rates up to 7.75% p.a., choose issuers such as Bajaj Finance.

Systematic Deposit Plan

Bajaj Finance offers a ground-breaking monthly savings programme called the Systematic Deposit Plan (SDP). It's a tool for managing money that combines the security of fixed-deposit accounts with the flexibility of modest monthly investments starting at just Rs. 5,000. By automating repeating monthly contributions and managing the liquidity ratios, you can use this technique to build your savings. With the appropriate interest rate in effect as of the deposit date, each deposit you make will be classified as a single Fixed Deposit.

Here are some features of the variants:

a. Start investing with as low as Rs. 5,000 per month
b. The Single and Monthly maturity schemes offer secured returns of up to 7.75% p.a.
c. Each deposit has the prevailing interest rates applicable on the date of deposit in both schemes
d. Flexible tenors of 12 - 60 months
e. Single Maturity Scheme: The investor is credited with the lump sum of the deposits made on a single day at maturity
f. Monthly Maturity Scheme: The investor gets the payouts every month

Mutual funds

This investment option is a lot more volatile compared to the rest, but it is known to offer nearly double-digit returns. A conservative strategy with a mix of equity and debt funds should help secure interest earnings of over 7% p.a., but the risk is involved as returns are linked to market movements.

While all these options are worthy investments, you should choose the routes that best serve your goals. For instance, if you have short-to-mid-term plans, your best bet is the company fixed deposit, as you can invest flexibly from anywhere between 1 year, five years or even more in some cases and lock in investment at FD rates of 7% and higher. Besides the FD rates, there are other benefits to choosing FDs too. Read on to know more about these perks.

Fixed rate allows you to enjoy secured returns

A significant benefit of this investment option is getting a fixed interest rate. It means that once you book your FD at a given rate, your money will earn interest at that rate for the entire tenor without being impacted by market fluctuations. As such, you should scout for an issuer that offers generous FD rates so that you can grow your wealth efficiently for years.

To better understand the benefit of secured returns, consider an investment of Rs. 5 lakh over a tenor of 44 months in a Bajaj Finance Fixed Deposit.

Investor profile	Interest rate	Total earnings
Non-senior citizen investor	7.50% p.a.	Rs. 6,51,830
Senior citizen investor	7.75% p.a.	Rs. 6,57,406

The above calculations are computed using the Bajaj Finance FD Calculator.

Efficient investment planning thanks to the FD calculator

Another benefit of the fixed rate on this investment option is that it enables you to plan confidently. Since you can reliably calculate your returns with an FD calculator, you can invest efficiently for your goals. So, whether you need the funds in one year or five, you can plan easily with the FD calculator and know precisely how much to invest in attaining the corpus.

Online investment options for minimal delays

While many other instruments have gone digital, some more traditional options may still have offline formalities. You may still have to go to a physical branch, fill out a form, furnish documents, and undergo a lengthy processing protocol. You can invest in an FD online with leading issuers like Bajaj Finance. The process takes minutes, and you book the FD via Netbanking or UPI payment modes.

These are just a few perks of choosing the FD this festive season. Remember, there's no reason to pick just one option, and you should diversify your portfolio for the best returns. As such, it is wise to have the FD in the mix, and when going this route, pick a company FD offered by a reputed issuer. One smart option is the Bajaj Finance Fixed Deposit. This investment option offers FD rates up to 7.75% p.a., based on your investor profile.