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Investment options for home-makers!

Updated on: 09 Aug, 2023 12:02 PM

Ladies! Two months have already been passed of the new financial year. Don't you think it's high time to start investing in something that is more rewarding than keeping the money in your closet!

Although men always blame women for being too shopaholic but even the legends can prove that women have always been the best at saving.

Oh, you don't agree with me?
Then let me take an example of demonetization. Years of savings from women's treasury got exposed. Loose notes gathered from the kitchen, cupboards safe, from behind the clothes, under the couch cushions piled up to make stacks of money. And we were left wondering, like always, how and when did they save so much?

So, today we have come up with 5 best saving options other than the traditional ones like FD's RD's, insurance etc. It's been almost 6 months since demonetization, and we are pretty sure that you have already started stashing your money again.

Investment in gold funds

Indians have been inherited with this thought that investment in gold is the best. So that when life brings down to your knees you have something to backup with. No, we are not advising you to buy jewelery! Instead What we meant is that smarter way in this century is to invest in gold funds and gold ETFs (exchange traded funds). These are comparatively more profitable and the reason behind is because –

  • Like jewelery, you aren't bound to pay making charges, wastage charges, and even there is no security issues as jewelery has.
  • You can sell these bonds at market value whenever you feel the need to buy jewelery. In fact, you can gift these bonds to your daughter/ mother/ sister so they can make jewelery of their own choice.

Sukanya Samridhi Scheme

It's a Saving plan introduced by modi government, under Beti bachao Beti Padhao program, to ensure a bright future for girl child in India. So if you have daughter/s under the age of 10 years, you should open an account in her name and start investing in this scheme. Not only it has higher rate of interest but this saving scheme would provide financial security as well as independence to your girl child. You can also withdraw 100% amount when your daughter turns 18. You have to pay under this scheme for 14 years and maximum limit of depositing in this account is Rs. 1,50,000 a year.


Public Provident Fund, a long term saving scheme of the government with lock-in period of 15 years. Although partial withdrawals are permissible from 7th year onwards. It is the oldest and the safest debt tax saving instrument. Interest rates keeps on changing every year but are still better than the FD's. In addition to that it can't be attached against any decree of the court. It means that suppose you were unable to pay your debt, even then no one can touch your PPF amount.


Shares is a form of part ownership in which a shareholder take on the maximum entrepreneurial risk related with a business venture. This means that whatever the business undergoes through (profit or loss), everything will be shared with you. If you purchase a share of a company then as holders of such shares you are a member of the company and have voting rights. The returns in the share market totally depends upon the business.

Mutual Fund Investment

MUTUAL as the word suggests, joint or common, so the mutual funds are those where several people pool in their money at one place (called as Asset Management Company) and then this amount is invested in debt, equity, securities and money market. Our suggestion is to invest in mutual fund SIP which is similar to recurring deposit (RD)

It is a fact that women choose this option a little less. This might be because of the risk it involves or probably because they are new to the stock market! But that's okay, you don't need to do it all by yourself. You can seek help of professionals and we suggest that you should, because professionals will have years of experience in market analysis and they know where to invest your money so that you get the maximum benefit.


  • If dependency of family on your income is high or you don't have enough assets to back you up, then you should choose less risky instruments to invest in!
  • Before investing you must figure out that how much you are willing to invest and how much risk you are willing to take. Once you get through these questions you will be able to get a clarity and a perfect investment plan suitable for you.

Don't just leave your money on the table, start investing now!

If you have any doubts or queries regarding this blog, please let us know in the comment section. We would love to help you out!

CA Abhishek Soni
CA Abhishek Soni

Abhishek Soni is a Chartered Accountant by profession & entrepreneur by passion. He is the co-founder & CEO of Tax2win is amongst the top 25 emerging startups of Asia and authorized ERI by the Income Tax Department. In the past, he worked in EY and comes with wide industry experience from telecom, retail to manufacturing to entertainment where he has handled various national and international assignments.