For those investors who want to make safe investment irrespective of low return, FD, PPF, NSC, Sukanya Samriddhi Yojana and similar other schemes are their solution. However in many cases, you will have to pay tax on income generated from these options.  

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Fixed Deposit (FD): Bank charges 10% TDS on interest generated on the investment made in FD. If you are in upper tax bracket, you may have to cough up extra tax. 

Public Provident Fund (PPF): The investment made in this category is exempted of taxes under 80C of Income Tax. There is no charge on interest generated from the investment even after maturity.  

National Savings Certificates (NSC): Investment made in NSC is also eligible for exemption under 80 C of Income Tax. The interest received from investment in these certificates are allowed as a deduction and are thus virtually tax-free, except in the year of maturity.  

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Sukanya Samriddhi Yojana: Like PPF, there is no tax on interest on the invested amount during maturity. It is eligible for tax exemption under 80 C of the Income Tax.