Provide Financial freedom as Gift on this Rakshabandhan!!!

S Venkateshwari
Provide Financial freedom as gift on this Rakshabandhan!!!


On Raksha Bandhan, a brother cannot give a better gift to his sister than Financial Freedom. It can be health Insurance, gold ETF, Shares, Mutual Funds anything. Today we are going to tell you about some such gifts which brothers can give to their sisters on the occasion of Rakshabandhan. Also, you can help your sister become financial freedom.


Health Insurance Scheme

You can buy your sister a health insurance plan which will ensure financial security in a time of medical emergency. A good health insurance plan will cover the cost of hospitalization, daycare procedures, room rent and household expenses. It will provide the facility of cashless hospitalization.


Digital gold or gold ETF

Add sparkle to her life by buying wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital gold. In India, there are three main companies that offer wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital gold: MMTC-PAMP India, Augmont gold Limited and wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital gold India. Alternatively, you can also buy gold ETFs, which are passive investment instruments based on gold prices and invest in gold bullion.


Mutual Fund

You can choose a mutual fund for your sister which is performing well in the last few years and invest in it for her. Consult your financial planner before choosing the best mutual fund to invest in.


Shares

You can gift long-term investments in Focus. However, we suggest that you discuss this with your financial planner if you are unsure.


Fixed Deposit or Recurring Deposit

Lastly, you can also offer traditional financial products: Fixed deposits or Recurring Deposits. Brothers can decide their plan amount to give to their sister or open a recurring deposit account and make small payments every month for a fixed period. 

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