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Do it differently this Raksha Bandhan!

Do it differently this Raksha Bandhan!


It is Raksha Bandhan, the festival of selflessness, the festival of pristine love and care!
They say that “the love between a brother and a sister is one of the deepest and mist noble of all human emotions.”

They are more than right because Raksha Bandhan embolizes the sanctity of brother-sister bond. On this splendid day of sibling love, a sister knots a no ordinary thread, Rakhi, around her brother’s wrist and wishes him luck. The brother returns the vow that he would ascertain to protect his eternal partner in crime, yet the most adored person through thick and thins.

 Not only rakshabandhan personifies this truly unscathed bond between siblings, it is also the occasion when sisters can expect her brother’s love. Now what form can this love appear to be? Gifts! Of course, gifts! In fact, many of us as sisters can reminisce rakshabandhan as the most awaited festival of the year. Who waits for Diwali when you are a sister and your brother would shower his affection in the form of gifts? So basically, men flocking the market this weekend to get the best possible gift for their beloved sister/s is not an uncommon sight. The usual form of gift includes accessories, jewellery, apparel, cosmetic kits, boxes of sweets or dry fruits, and so on.

As a brother, you have been doing this for years. How different are you ensuring this Raksha Bandhan to turn out?
May be you can do this by endowing your sister with a different, an unusual form of gift. So what can this gift be and can it’s significance be said to be paralleled to your sister’s love for you and yours for her? Let us see. Well the gift you are looking for is financial security and to tell you how is an opportunity we can barely miss!

1. Invest in Equity Market
Indian equity markets are trading at magnanimously high levels as investors acclaim good economic prospects, while even foreign investors can envision India as a much sought after investment destination.
One such form of investment includes blue-chip companies and their shares, which can be the perfect gift for your perfect sister. These shares will have prospects to give good returns in long term.
Who said that you need lakhs to make your beloved sister more so? If you are unable to invest large sums, you can start equity SIP for her. This would enable you to invest specified amount of money in a stock every month on her behalf.
If by any chance you forget to remember your words, we want you to remember those by Warren Buffett- “If you are not willing to own a stock for 10 years, do not even think about owing it for 10 minutes.”

2. Start an SIP (Systematic Investment Plan)
The second option is start an SIP. Systematic Investment Plan (SIP) is a strategy of investment that allows you to invest a certain amount of money at a regular interval. SIP investment plans are one smart and hustle free way of investing in mutual funds to create wealth for future. SIP will ensure your sister to generate gross savings by investing small sums of money every month, over a period of time. Due to rupee-cost averaging and the power of compounding, SIPs have the potential to deliver attractive returns over a long investment horizon. Therefore, her dream of foreign wanderlust, big fat Indian wedding or higher education would not only remain dreams but will shine in her bright future.

3. Invest in Sovereign Gold Bonds
“Gold makes the ugly beautiful.” – Molière
Well, here comes girl’s favorite gift- gold. But hang on, we do not mean what you could gather from us mentioning “gold”.
Sovereign Gold Bonds or SGBs are government securities denominated in grams of gold. This Raksha bandhan, make a different choice by giving her these gold bonds. She will be more than glad to preserve these because the quantity of gold for which the investor pays is protected as the investor receives the ongoing market price at the time of redemption. Besides, you know, it’s GOLD!

4. Buy Health Insurance
So if we do believe in what they mean when they say Health is Wealth, if you offer to your sister health, you can be sure that you are also offering her wealth. For all these years of life, you have been vowing to protect her and vowing that you would make sure she evades every difficult situation. Now is the tine to protect her. Give your lovely lady a feasible health insurance plan. This way, you can be sure that she is secured both when you are with her and when not because as good as it looks today, the future is unpredictable.

5. Healthy snack subscription and fit band

Protect your sister by signing up for a healthy snack subscription box, you can also choose the food items she might like and get them delivered to your her on a regular basis. Additionally, if she is a health freak, you can gift her a fit band so that she keeps a track of her health daily. Proper health will escalate your love and as a brother you can take the responsibility to keep your sister healthy all her life.

6. Opt for a SWP Systematic Withdrawal Plan

Systematic Withdrawal Plan (SWP) is another smart way to provide a regular source of income to your darling sister. If she is on a sabbatical, maternity leave, change in marital status, etc. and needs a regular source of income, then SWP work as a smart gift for her. You can help her invest her savings along with your financial gift contribution, invest in a particular mutual fund scheme and opt for a SWP facility.

7. Start an STP Systematic Transfer Plan
In an STP plan, the investor gives consent to a mutual fund to periodically transfer a certain amount / switch (redeem) certain units from one scheme and invest in another scheme of the same mutual fund house. Thus your sister at regular intervals gets an amount/number of units you choose, which can be transferred from one mutual fund scheme to another of your or her choice. This facility thus helps in deploying funds at regular intervals.

8. Amazon Kindle
Well amazon kindle is everything that a modern avid reader needs in today’s already heavy life. It is difficult to carry a book everywhere one goes. Thus, enter kindle! If in your childhood, it was difficult to part a book and your sibling, trust us, this is exactly she needs to have and you are the best person to give it to her. You can also club it up with a few of her favorite books from amazon. So what are you waiting for? Get going to get a kindle for your nerdy sister!

For all the times you have ticked her off or called her names, it’s time you let her know that no matter what, your sister is and would always remain your go-to person and your 3 am pal.
So this Rakshabandhan, gift her a memory, a security she would treasure forever and go that extra mile because she is but your beloved sister!

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