Mother's Day 2019: Gift your mother financial fitness for life, invest in these 5 options

Mother's Day 2019 is almost here! And, there can't be a better time to start working towards a financially fit life of your mother. It is the best day to start investing for your Mother's better and financially secured future. This special day not only gives us a chance to celebrate the love for our lovely mothers, but we can make it even more interesting by planning for her life. You can invest in several options and funds to gift your mother a financial health life to have an independent and stable life. Poonam Rungta, Certified Investment Planner told Zee Business, ''Women are conservative in nature, they do not like investing too much, however being a child you can plan for your mother and invest in diversified options for her financial fitness and independence. There are various options for women to invest her money like equities, liquid funds, gold bonds, insurance covers, real estate, if possible.''

Pankaj Mathpal, MD, Optima Money Manager explained, ''You can gift something special on this occasion to your mother, but planning for her future is the best gift you could think of. Planning for medical expenses, retirement, house, fixed income for her are the parts of it. You should have plans for her life, that could serve her in your absence too.''

Well, these tips are not only meant to be read and forget on the occasion of Mother's Day 2019, but they are also good to start with. Why waste time in thinking too much or seeking help from someone with no expertise? Here are the best 5 saving schemes for your mother, to start investing from today itself:

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1. Get hands on equity:

Equity has become a great investment option for people nowadays and you can also look out for some mutual fund options for your mother. However, mutual funds usually offer returns between 10 to 15 per cent, can go higher or lower depending upon the category and market volatility.

''Equities can be a good option to invest. You can look for diversified options like stocks, mutual funds, ETFs etc. But initially one should prefer starting with a SIPs and progress as they understand it the markets. However they should stick to small investments initially and should invest what they can afford to lose,'' Mathpal added. 

2. Can try less risky or risk-free options:

Sometimes it is better to invest in less risky or the options that are risk free in nature. However, these tools fetch comparatively fewer returns but are good option for long term fixed income. Investments in PPF, Fixed deposits or any other post office schemes are comparatively easy, hassle free, risk free options. They are secured and ensure fixed returns to the investor. Also, they provide decent interest rates between 7 to 9 per cent p.a.

3. Insurance plans:

Well, an investment does not mean an asset that gives you returns in future, but it could also be cover that stands for your aid in an emergency. ''Human life is subject to various life risks, therefore being a caring child, you can invest some money in insurance schemes for your mother. You can invest various term plans, health insurance schemes, old age pension schemes etc for securing her life and medical contingency during her old age,'' explained Rungta. 

4. Alternatives of Jewellery:

Women are fond of having gold jewellery and gold accessories. Well, no doubt gold is a great option to invest and seek good long term returns. However, gold jewellery does not provide recurring returns or interest income, in fact it is never sold at a prevailing gold rate, due to additional making charges. It could only give you a return when sold at a higher price. 

''Women like jewellery, they love wearing those premium accessories, which are not very good investment options for healthy returns. As a child, you can go for Sovereign Gold Bonds, Gold ETFs and E-gold as they provide regular interest income, safety and have no making charges unlike gold jewellery,'' Rungta mentioned.

5. Real estate/house:

House is a necessity and planning or buying a house for your parents is the best gift for their lifetime. If you can plan or buy a good, affordable and nice place for your parents to stay for their lifetime, it can be the best thing for them. While you can also invest in all other investment options to plan a house for your mother.