Are there any alternative investment options for equities, mutual funds and other comparatively risky options?

If you are looking for a less risky option, then you can always go for debt mutual funds.

An even less risky option is Government instruments like Public Provident Fund (PPF) or Sukanya Samriddhi Yojana (SSY). These give between 7.5% to 8% as of today but have a higher lock in period compared to debt mutual funds which have no lock in.

It is always suggested that you take a risk profile assessment before deciding your asset allocation. Click here for a free assessment.

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