Almost everybody has wondered for at least once in their lifetime– “How do I  get rich in a short time?”

But how many of us do what it takes to pursue the path to wealth?

What if we told you that becoming rich is possible and one does not need to move mountains for it?

To become rich, individuals need to build a comprehensive financial plan and need to learn how to invest.

Once they learn to make their idle money work, they will be able to generate income to create wealth in the long run.

And the best possible way to generate wealth is by investing a little into the best investments to make money and focus on corpus building.

To become rich, the first thing that an individual needs to achieve is financial security.

Anybody can become financially independent and stable once they develop the art of investing, early in their life.

The benefits of investing early in life can be considered as the reasons why individuals should invest. Here is a list of few of such benefits –

Greater Financial Security: Recession is bad for the economy, and when the economy goes down it brings down everything with itself, including your job!

This is when being financially independence comes in handy. A corpus built through investment acts as a source of such independence.

Increased purchasing power: With regular investments, individuals can boost their income. It directly helps to increase one’s purchasing power, helps achieve their financial goals and facilitates them to improve their standard of living.

Retirement planning: Investment planning is a proven way of building a retirement corpus. Such corpus comes in handy for securing one’s life post-retirement. It does not just allow the retirees to become financially independent but also helps them lead a comfortable life.


The above reasons serve an answer to the question, “why to invest?” but the question, “how to invest?”, remains.

The first step towards investing is to find suitable investment options. Such options are not just the best investments to make money and become rich but the best when it comes to helping you develop positive financial habits.

Here is a list of top 10 investment options that can help you become rich

Stock Market

To earn steady returns through stock investment, individuals should first try to understand the tricks to adjust the PE ratio.

The equity stocks have performed better than most asset classes over the years by delivering inflation-adjusted returns.

Stocks are a volatile asset class and come with no guarantee in terms of generating returns, but individuals can cushion the blows of such risks.

Individuals can diversify a portfolio across different sectors and market capitalization as a way to reduce the risk burden of stock-related investments.

Individuals with a high or medium-risk appetite can route their investment in the stock market through shares. On average, investors are likely to earn 12%-15% returns p.a. through this move.

Those who have a high-risk appetite and wish to generate returns of 22%-30% p.a. may want to invest in stocks that are high in risk but come with a longer investment horizon.

Individuals who wish to invest in direct equities can do so by opening a Demat account.

Mutual Funds

Currently, Mutual Funds in India are considered to be the best investments to make money.

Mutual Funds allow investors to choose from among a variety of categories with a varying risk level. And depending on their risk appetite and choice of fund option, investors can earn a return of 12%-28% p.a.

With mutual fund investment plans investors also the opportunity to diversify their portfolio even with limited investment. It further offers the opportunity to distribute the risk burden and provides them with liquidity. Individuals can also avail several tax benefits by investing in tax-saver ELSS mutual funds.

Mutual Funds offer numerous avenues of investment with varied risk and returns. It is worth mentioning that risks and returns are directly proportional to each other. These investment avenues are market-linked and thus carry a certain risk factor with them.

Taking this point into consideration, asset management companies often offer a mixed bag of schemes such as the ULIP, which invests a certain portion in debt financial instruments while the remaining investment is premium for insurance of the investor.

However, there is no substitute to a pure out-and-out mutual fund investing in high-return equity instruments or even corporate bonds. Expected and generated ROI of mutual funds in India managed by top fund houses offer unparalleled returns even in today’s variable and incoherent economy. It can be easily surmised that mutual fund investment plans are peerless to create a substantial corpus of funds as a long-term investment.

Post Office Monthly Income Scheme (POMIS)

The POMIS is regarded to be a feasible option for those individuals who wish to generate a steady income at a fixed rate.

The scheme comes with a term of 5 years, has a low-risk level and accrues interest at the rate of 7.6%. Such benefits make it an ideal investment option for conservative investors.

Individuals can invest any amount between Rs. 1,500 to Rs. 4,50,000 in a single account. In a joint holding account, they can invest up to Rs. 9,00,000.

National Pension System (NPS)

This particular scheme is managed by the Pension Fund Regulatory and Development Authority (PFRDA).

It is a retirement-oriented investment scheme that is a mix of fixed deposits, equity, corporate bonds, government funds and liquid funds.

Being a government-sponsored scheme, NPS is regarded to be a safe investment option. Individuals can decide the amount of money they want to invest in such a scheme based on their risk appetite.

Individuals can avail tax benefits up to Rs. 1.5 Lakh on their investment in this scheme under Section 80C, 80CCC and 80CCD. They are also entitled to claim an additional deduction of Rs. 50,000 under Section CCD (1B).

Additionally, the minimum annual contribution to keep an NPS Tier-1 account active is Rs. 1,000, which makes managing the scheme hassle-free.

Public Provident Fund (PPF)

Though there are different ways to invest money, the PPF remains one of the most sought after ways of investing money in the market.

Individuals can open a PPF account in post offices and banks. Individuals can also open a PPF account online and opt for any leading bank to open the same.

Also the opportunity to invest as low as Rs. 500 in a financial year serves as an answer to – “How can I get rich with no money?”

The scheme comes with a tenure of 15 years, which offers investors the benefit of compounding their earnings.  On completion of 15 years, the tenure can be extended by five more years.

Individuals who put their money in the PPF scheme are entitled to avail tax deductions under Section 80C of the Income Tax.

The scheme accrues interest at the rate of 7.9%. The interest generated through the scheme and the proceeds earned on maturity is exempt from tax. All of these make the scheme one of the best investments to make money.

Bank Fixed Deposit (FD)

Bank  fixed deposits have always been the go-to option for people who have been asking, “How to create wealth at low risk?”

A fixed deposit with a reputed bank or NBFC is considered to be a safe option of investment. It is the low-risk investment feature and the option to earn a rate of 6%-8% interest on the deposit p.a.that makes it such an appealing mode of investment for conservative and risk-averse individuals.

Moreover, under the DICGC rules, each depositor is insured up to a maximum Rs. 1 Lakh for both principal and its interest amount.

They are also entitled to tax deductions on their deposit under Section 80C of the Income Tax Act.

Senior Citizen’s Saving Scheme (SCSS)

The particular scheme in question is directed towards the retirees and the senior citizens who are above the age of 60 years. A person who has voluntarily retired at the age of 55 years can open an SCSS account within a month of availing their retirement benefits. In such a case, the investment amount should not exceed the corpus they received on their retirement.

Owing to its retirement-friendly features, it is often regarded as a ‘must-have’ in a retiree’s investment portfolio to make it more pro-retirement.

The SCSS comes with a five-year tenure which can further be extended by three years once it matures.

Currently, the scheme generates interest at the rate of 8.6% p.a. and is paid quarterly. The interest accrued through this scheme is entitled to tax exemptions under Section 80C of the Income Tax Act. In the case the interest accrued in a year exceeds Rs. 10,000, an amount of tax will be deducted at source.

Individuals can invest up to Rs. 15 Lakh in one SCSS account and they have the freedom to open more than one account.

A rate of 1.5% is levied as a penalty on premature withdrawal of deposits after a year. In the case the premature withdrawal is made after two years of deposit, a penalty is charged at the rate of 1%.

RBI Taxable Bonds

The RBI Taxable bonds are one among the different ways to invest money. They have tenure of 7 years and accrue interest at the rate of 7.75%.

The RBI Taxable Bonds may be issued in Demat form and credited to the Bond Ledger Account (BLA) of the investor. Investors are furnished with a Certificate of Holding as proof of investment.

The fixed and assured returns bring along the element of safety, which as a catalyst for the drawing the interest of the conservative investors towards this investment option.

There is no maximum limit of investment, and any resident Indian can invest in this scheme either individually or jointly. Parents and guardians can invest in these bonds on behalf of a minor.

Real Estate

Putting money in the real estate sector is one of the best investments to make money. The investments made in real estate sector tend to deliver returns in two ways – capital appreciation and rentals.

Individuals who have been wondering how to get rich in a short time may opt for this investment option and put their investment on rent.

Depending on the location and the prospects of price appreciation, investors may expect as much as double returns on their investment.  Also, the real estate venture is highly liquid.

Individuals who are looking for a venture to invest in for the long-term should pick the real estate sector.


Gold has always been among the best investments to make money since time immemorial. It had served as a haven for investors even at times when the economy was war-hit.

Besides investing in solid gold and gold coins, investors can also opt for a cost-effective alternate by investing in paper gold or gold ETPs.

Gold ETFs are open-ended Mutual Fund schemes that invest the money collected from investors in standard gold, and the holding is denoted in units.

Everybody has the question, “How to get rich in a short time?” but they often forget that wealth creation is a process and takes time, energy and planning. So, if you too want to become rich, build a financial plan and start investing early in schemes that will help you generate wealth in no time.

Additionally, you should note that one investment option may not be as fruitful for you as it was for your acquaintance.

Weigh your options well!