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Gift your Loved Ones a Secure Future this Diwali

11 Nov 2021|
2 min read |
by ICICI Securities Team
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Introduction

It is that time of the year when your lives are more colourful, brighter, and happier. Diwali is here! Families and friends are exchanging gifts and celebrating with sweets and sparklers. You are probably deciding to buy the best gifts for your family and friends to light up their Diwali too. But did you find the best gift? Or have you decided to go for the routine clothes, gadgets, etc.? Why not gift them something more special this year? Go for a gift that is lasting and symbolizes the true essence of Diwali – happiness, growth, and a secure future.

Choosing the Best Diwali Gift

Diwali is a time that wards off difficulties, uncertainties, and troubles. It makes us feel more secure and illuminated from within. And what is more illuminating and delightful than a surety of a future where you will be financially secure. Start an investment today to give your family a brighter and secure tomorrow. Remember, a good investment has the power to give your loved ones several happy Diwalis for years to come. It is truly the best Diwali gift.

Picking an investment that matches the spirit of Diwali can be tricky. The cue here is to opt for a meaningful investment that is as dynamic as Diwali itself. A Mutual Fund investment fits well here. But, Mutual Funds are a universe in itself and they offer multiple lucrative investment categories schemes options. And each Mutual fund category and scheme delivers a unique goal. Hence, the best way to go about selecting the ideal Diwali investment for your loved ones is to gauge first what will give them ultimate happiness and make their future secure. It could be buying a house or a car, or an overseas education for your children, or your child’s grand wedding celebration, or a relaxed retirement with your beloved. These happiness goals will give you clarity about how you should plan your investment. You will be able to understand the needed investment tenure of your investment, the amount of money you require to gift your family this happiness, the risks you can afford, etc.

Additional Read: 7 reasons to invest in Mutual Funds

Now that you have defined what will keep the flame of joy in your family alive, you only need to hunt for a Mutual Fund scheme that will deliver this wholesome happiness accurately. Each product has a unique composition of underlying securities. And the returns you gain from a Mutual Fund investment depend primarily on this underlying portfolio of securities of the fund along with its scheme structure, fund performance, etc. Assess these evaluation criteria well to pick the ideal Mutual Fund scheme that achieves every happiness you desire to give your loved ones. You know one of the best parts of a Mutual Fund scheme is its versatile nature. You could select a well-performing growth-driven equity Mutual Fund scheme that has the potential of compounding your money just like this joyous festival compounds happiness. You could also pick a promising scheme that delivers regular income if you wish to give your family consistent contentment.

Remember, you do not need lots of money immediately to illuminate the future of your ones. You can start with a SIP Mutual Fund investment or a lumpsum investment as per your comfort. But, do not miss out on seizing this festive opportunity to give your family these lifelong delights.

Additional Read: What are index funds & how to invest in them?

Conclusion

Nothing spells out Diwali like illuminating the life of your loved ones. So, choose more meaningful gifts for this festival of lights and brighten their future with things that truly matter – happiness and financial security. This gift of a Mutual Fund investment will give them much more than momentary pleasure. It will light up their lives for years to come. And the best part is that being the source of this illumination and security for your loved ones will make you feel elated and secure too. After all, happiness is contagious. So take the investment plunge and make this Diwali count.

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