Lost money in stocks, cryptos? Check 5 schemes offering guaranteed returns and never lose wealth again

Invest in government-backed investment schemes and see how your wealth grows in the coming years. 

New Delhi: In the past few days, investors have lost a tremendous amount of wealth in public stock markets. The situation is even worse for crypto investors who have been putting their wealth in hope of impressive returns in a snap. Even mutual fund investors are witnessing their wealth plummet as stock markets traded largely in the red zone in the past few days. 

If you have also lost your hard-earned money amid the falling stock and crypto markets, you can still change your investment strategy to secure your retirement. For instance, there are several government-backed schemes that offer impressive returns without any risks. 

Public Provident Fund or PPF is one of the most popular schemes that offer guaranteed returns on investments. The scheme is backed by the central government and is open to all Indian citizens. An individual, however, can have a single PPF account. Currently, the government is offering a 7.1% interest rate per annum on PPF investments. 

In the past few years, fixed deposit investments or FD investments had become unattractive due to lower interest rates. However, with the recent Reserve Bank of India’s (RBI) decision to hike the repo rate by 40 basis points or 0.4%, several banks have increased the repo rates on FD investments, making them an attractive proposition. The returns on FDs are guaranteed and its rules are regulated by the RBI. 

National Pension System (NPS) is another great investment option that provides impressive returns to investors. However, while the returns on NPS investments do depend on stock market performance, you can lower the market exposure to make sure your returns remain stable in downturns. Currently, the returns on NPS investments vary from 8% to 12% per annum. The funds are regulated by the Pension Fund Regulatory and Development Authority (PFRDA).