One-time investment plans are the best high-return investments to park spare money. If kept for a decent period, the investment can accrue a significant corpus that helps the investor fulfil their future goals. Let us learn more about the various best one-time investment plans in this article.
Top performing plans with High Returns*
Invest ₹10K/month & Get ₹1 Crore returns*
A one-time investment plan is a type of payment option within a financial product wherein you invest a Lump Sum/Single Pay of money for a specific time.
It is a best investment plan for investors with a high-risk tolerance and surplus money that is not required to fulfil immediate financial commitments.
The best one-time investment plan is decided depending on time and principal amount.
Let us learn the top one-time investment plans in India in 2023 from the table below:
|Types of One-time Investment Plans||Ideal Investment Period||Right Time to Invest||Tax Benefits
On Investment Amount
|Tax Benefits on Maturity Amount||Risk Factor|
|Unit Linked Insurance Plan (ULIP)||
||Start early to gain from the power of compounding money||Tax deductions u/Sec 80C of the IT Act||Tax benefits u/Sec 10(10D) of the IT Act||Medium to High|
||If lump sum spare money available for long term||
||Tax benefits on returns at the end of 1 year holding period||High|
|Debt Funds||3 years & Above||
||N/A||Indexation benefits on returns at end of a 3-year holding period||Low|
||When the best investment plan for the long term is not yet decided||N/A||Attracts lower tax due to indexation benefits if holding for 3 years or more||Medium|
|Fixed Deposits (FDs)||
||when you want to averse market-volatility risks||N/A||N/A||Lowest|
|5-Year Tax Saving FDs||Minimum 5 years to gain tax benefits||When extra funds are available to reap the benefits of fixed returns with tax benefits||Tax benefits u/ Section 80C of the IT Act||Tax benefits on returns u/ Sec 10(10D) of the IT Act||Lowest|
|Public Provident Fund||Minimum 15 years for stable corpus with high returns||As a safe investment for the retirement period||Tax deductions u/Section 80C of the IT Act, 1961||Tax-free returns||Lowest|
|Sukanya Samriddhi Yojana (SSY)||Up to 21 years of SSY account or till the girl child gets married||Gives tax benefits while creating a corpus for the education of the girl child||Tax deductions u/Section 80C of the IT Act, 1961||Interest earned and Maturity amount is Tax-free||Lowest|
|National Pension Scheme (NPS)||Till the age of 60-70 years||A good one-time investment plan tax benefits and create a retirement corpus||Tax benefits u/Section 80C and 80CCD of the IT Act, 1961||Taxable||Low|
|Gold Assets||Depends on the investor||Safe to invest any time with huge inflation-linked returns||N/A||N/A||Lowest|
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
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The features of the best one-time investment plans are listed as follows:
Best investment plan for life coverage and market-linked investment options, with taxability features
Low risks involved as compared to equity funds
Flexibility to switch fund portfolios during this one-time investment plan
Provides a range of options with equity and debt funds
A partial withdrawal facility is available
Tax deduction benefits on investment amount u/ Section 80C of the IT Act
Tax benefits on returns u/Section 10(10D) of the IT Act, 1961
Are less riskier than directly investing in equity shares
Best performing mutual funds are managed by experienced professionals
Allows diversified investment portfolio
ELSS are the best one-time investment plans providing high returns with market-linked investments as well as tax-benefits
Tax deductions allowed under Section 80C of the IT Act, 1961
*Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Government securities, AAA/ AA rated corporate bonds are the best Debt-based one-time investment plans
Least riskier when compared to equity and hybrid funds
Best debt-based funds provide good returns and steady gains
Attracts less tax on returns as withdrawing the funds before 36 months is considered a Short-Term Capital Gain (STCG)
STCG attracts higher tax rates on aggregate as compared to Long-Term Capital Gains (LTCG)
Best investment plan for 1 year or less with high liquidity
A one-time investment plan with low risk as it invests in high-rated debt assets with a short maturity period
Offer stable returns due to investment in low-risk debt instruments
the low expense ratio, which means a lower cost of investing these funds
Easy to switch money from liquid funds to another fund
Qualify for Long-Term Capital Gains (LTCG) tax if investing for more than 3 years
Most popular and trusted one-time investment plan
Guaranteed returns for a specific tenure
Fixed interest rates that are not linked to market variations
Offers higher interest rates for senior citizens
Best investment plan with the lowest market risk
Automatic renewal and partial withdrawal facilities
One-time investment plan with tax benefits and guaranteed returns
Tax deductions on the investment amount under Section 80C of the IT Act, 1961
Fixed tenure of 5 years
Premature withdrawal of amount not allowed
Fixed rates of interest give surety of returns
Provides higher interest rates for senior citizens
GOI’s best long-term investment plan
Provides guaranteed returns, unaffected by market fluctuations
Long tenure of a minimum of 15 years, which is extendable for an indefinite period by a block of 5 years
Tax benefits on investment under Section 80C of the IT Act are available with this one-time investment plan
Provides tax-free returns
Fixed interest rates, periodically revised by the Central Government
Loan facility of up to 25% of the deposits from 3rd Financial Year of joining the PPF plan
A nomination facility is available
A hedge investment against inflation
Low correlation with other best investment options
A highly liquid one-time investment plan that can be easily bought or sold
Performs as a haven asset during economic and geopolitical uncertainties
The most convenient one-time investment for investing in a lump sum amount
Gold prices are volatile in the short term, but price trends are always on the rise
A government-backed long-term deposits-linked savings scheme for girl child
Best one-time investment plan to create a corpus for education, marriage and other expenses for the girl child
A high-interest rate of 7.6%, which is periodically revised by the government
Tax benefits under Section 80C of the Income Tax Act, 1961
Withdrawals allowed when the girl child attains maturity age or for higher education/ marriage expenses
Tax-free maturity benefit
Government-backed best savings plan for retirement planning
Two types of investment choices: Active Option & Auto Option
Tax benefits u/Section 80C and Section 80CCD of the IT Act, 1961
Flexibility of investment frequency and amount
Low fund management charges of 0.01% of total Assets Under Management (AUM)
Offers the benefit of inflow of pension after retirement
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Listed below are the key advantages that your best one-time investment plan should offer:
Investing money in a one-time investment plan is better than keeping the money idle or investing in low-return accounts.
In the one-time investment plans, the investors need not delay their premium payments for a later period or stress over the investment dates.
One-time investment plans give sufficient returns as per your financial timeline. You can reap the maturity benefits when requiring funds for your child’s education, marriage, or purchase of land.
If started early, the lump sum investment plans provide higher returns with the power of compounding money.
The one-time investment plan is a convenient way to invest your money, payment in a lump sum is associated with low fees.
ELSS and ULIP Plans are the best one-time investment plans that provide tax benefits to investors. Other types of one-time investment plans offer indexation benefits that attract lower taxes.
Listed below are some of the disadvantages of one-time investment plans:
In a one-time investment plan, there is no association of investment discipline as you pay in single pay or whenever lump sum money is available.
It may happen that the one-time investment plan turned out to be attracting low returns. On the other hand, this amount could have been diversified across different best investment plans.
Due to the market unpredictability, the investor may wind up purchasing higher units of the one-time investment plan during high prices and later witness a drop in prices. No alternatives are available to purchase units in the middle of your investment tenure.
One-time investment plans do not offer the flexibility to invest and withdraw the amount as per market speculations.
The funds of a one-time investment plan are not the most ideal alternatives if you are going to need your reserves in the near time.
Before you decide to invest in a one-time investment plan, it is crucial to analyse the factors mentioned in the list below:
Settling on an inappropriate one-time investment plan may prompt your money into misfortunes, which is something nobody wants. Choose your plan wisely to make the most out of your investments.
Primarily, you must gain an understanding of the investment market by researching online, from books, and consulting financial experts. Before you choose the one-time investment plan, make sure you do your investment calculations and historical performance trend analysis of the fund.
Now, before you choose your one-time investment plan, decide in prior if you want to go forward with a long-term best investment plan or a short-term best investment plan. Specifically, when it comes to investing in funds a little homework is of no harm.
Once you have decided on the one-time investment plan, it is important to be patient enough, not panic, or make any rash decisions during market speculations. Generally, the market cycle takes time to perform. Do not invest in a one-time investment plan if you are expecting immediate results.
Money lying inactive in your financial balance is a loss to an open door to profit. You ought to invest that cash cleverly in the best one-time investment plan to receive great returns in time.
With a plethora of one-time investment plans available in the market, there is no shortcut to avail of the best. So take out a little time from your hectic schedule and choose the best investment plan for you that leaves you with no regret.
Past 10 Year annualised returns as on 01-12-2023
^Tax benefit are for Investments made up to Rs.2.5 L/ yr and are subject to change as per tax laws.
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
Tax benefit is subject to changes in tax laws. Standard T&C Apply
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