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Raksha Bandhan 2023 Gift: The festival of Raksha Bandhan is celebrated with great fanfare in India. This festival, which is a symbol of mutual love and trust between brothers and sisters, will be celebrated with pomp this time too. On this day, sisters tie sacred rakhi on the wrists of their brothers. In return, the brother vows to protect the sister for life and gives gifts like money, jewellery, smartphones, cosmetics or new clothes. Let’s give such a gift to our sisters on this Rakhi, so that she is financially secure and can handle many things herself with her own money.
Systematic Investment Plan (SIP)
This Rakshabandhan You can take SIP plan for your sisters. SIP is a great tool to systematically invest in mutual funds. By doing this you can make your sisters financially self-sufficient.
Health Insurance Policy
You can buy health insurance policy for your sisters to reduce life risk. By doing this, your sisters get financial support in case of any accident, illness or death.
savings account
You can open a savings account for your sisters on the day of Raksha Bandhan for their financial security. In this account, you can deposit some money as a gift, which will ensure the financial security of the sisters in future.
Digital gold
Apart from all this, apart from physical gold, you can also gift digital gold to your sister on the day of Rakshabandhan.
Paper gold
On the other hand, you can also invest in gold through ETFs.
Term Deposit Plan
On this Rakshabandhan, you can also deposit some money in term deposits like fixed deposits or recurring deposits. Along with this, your sisters will get guaranteed income after a certain period of time.
in the stock market
Apart from all this on this rakshabandhan you can focus on long term investment in stocks for your sisters. This will give the sisters strong returns for a longer period of time and secure financial position.
Disclaimer: Information provided here is only about stock performance, not investment advice. Investing in the stock market is subject to risk and you should consult your advisor before investing.