Tackle Those Big Events in Your Life by Investing Wisely Today!

All the big events in your life deserve to be memorable. For this to happen, you need to make smart investments by starting small today to guarantee good returns and capital gains. Choose investments that help you not only save, but also productively use your income. The correct investment portfolio can help fund your life’s big events.

Here are some of the big events in your future that may need financial consideration:

1. Marriage: You will be required to spend money on various aspects like caterers, venues and event planners. An average wedding in India costs around Rs.15 lakh to Rs.20 lakh.
2. Education: Tuition fees for higher studies, especially overseas, are a big expense. You may also need to fund the education of your children. For example, studying in the US can cost up to Rs.30 lakh per year. 
3. Holidays: Travelling to new places, in India or abroad, can be difficult unless you have a good amount of savings. The average cost per person for a trip to Europe for two weeks is around Rs.3 lakh.

Here are some investment options that you could consider to finance these big events in the future:

1. Company fixed deposits:

1. These are FD (fixed deposits) offered by financial institutions and companies.
2. They offer you attractive interest rates that can go up to 8% and above.
3. This option offers you highly stable and safe returns.
4. These FDs offer you a flexible tenor up to 60 months.
5. They also offer you easy online account management.

2. Debt mutual funds:

These are debt securities like corporate bonds, government bonds and other money market instruments.
These are issued by organisations and government authorities.
They provide you instant gains over your investment.
You can invest in this option over short to mid-term.
They also provide you high rates of return on investment.


3. Recurring deposits:

1. These deposits work on the similar terms like FDs.
2. However, they involve depositing a small amount of money in account rather than a lump sum.
3. They are perfect for salaried individuals who have just started working. 
4. In these deposits, you can invest a minimum of Rs.500 and a maximum of Rs.1.5 lakh.
5. They offer you a rate of return that goes up to 7%. 

4. Public provident funds:

1. This is a provision created by the government that encourages investors to invest money in a public fund.
2. This option offers returns up to almost 8%.
3. It is perfect for salaried employees that wish to save a margin of their income every month rather than investing a huge sum of money at one go.
4. The lock-in period for this investment is up to 15 years. The investment cannot be withdrawn prematurely before the lapse of the tenor.
5. The account can be renewed after the end of the tenor for a maximum of 5 years more.
6. The interest gains for this amount are tax-free. However, the tax can be deducted from the principle at the time of depositing.

These are some of the low to medium risk investment options you can make the best use of to fund the big occasions in your life with ease. Starting early is key to meeting all your major financial expenses and enjoying your life to the fullest.