Bhai-Bij festival is dedicated to the sacred relationship between brother and sister. The festival of Bhaibij is celebrated on the second day of the month of Kartak. It is believed to have started when Yama visited his sister Yamuna. With this he promised that from now on he would come every year on this day.
On this day, Yama's sister Yamuna applied tilak to her brother and wished him a happy life. Since then, on this day sisters apply Tilak on the forehead of their brothers and pray for their long life and happy life. After the puja, sisters feed sweets to their brothers and brothers give gifts to their sisters and bless them with happiness throughout their lives.
This festival is an occasion to strengthen the love and trust between brothers and sisters. On this festival, sisters pray for their brothers' long life and prosperity, while brothers also give gifts to their sisters. This time, if you are also thinking of giving your sister a special gift, you can give her ETF, Bond, Digital Gold and ULIP. This can be a good gift from you for them, which can be useful to them throughout their life.
Today we will talk about relationships, what to gift your sister on Bhai Bij festival. You will also learn that-
What are ETFs, Bonds and ULIPs? How can this be gifted? How is it useful after a long time?
These gifts are such that it will be useful for your sister in the long run and will also become her financial strength. In such a case, on BhaiBij, you can gift one of these investments to your sister.
What is an ETF? ETF (Exchange Traded Fund) is a type of investment, which is made in the stock market. You can buy and sell them just like shares. However, with an ETF, you invest in shares of more than one company. It is somewhat like a SIP (Systematic Investment Plan). However, in SIP you invest in installments. When you invest a lump sum in an ETF.
What is a bond? A bond is a type of loan. Often government and many companies issue bonds. When you buy a bond, you make a loan to the company in exchange for the bond. In exchange for this loan, the company or government gives you its bond and returns your money after a certain period of time with a pre-determined interest rate.
What is Digital Gold? Gold has always been the favorite investment of our Indians. In today's digital age, it has become easy to buy and hold. Digital Gold allows you to invest in gold without any hassle. Investment in digital gold is safe and can be easily bought and sold. In this, you neither need to keep gold in a home locker nor incur the cost of keeping it in a bank locker.
What is ULIP? ULIP (Unit Linked Insurance Plan) is an investment plan that is a combination of both insurance and stock market investments. The money invested in this is also invested in the stock market along with the insurance cover. ULIP gives you insurance cover along with stock market benefits.
How can I make a gift? Gifting your sister one of these investment options on BhaiBij is unique and special. We tell how you can buy these gifts for your sister and gift her.
How to gift an ETF? For ETFs (Exchange Traded Funds) you need to open a demat account. After this you can invest in it through any brokerage platform. After this you can transfer it to your sister's demat account.
How to gift a bond? You can buy bonds online or by visiting your nearest bank branch. Such as government bonds, corporate bonds or tax free bonds. You can go to an online investment platform and buy a bond and transfer it to your sister's name.
How to gift digital gold? You can use a mobile wallet or an investment app to buy digital gold. After this, you can easily transfer the purchased digital gold to your sister's account.
How to gift ULIP? You can buy a ULIP policy by visiting any insurance company or online insurance portal. You can go to the nearest office of the insurance company and buy this policy in your sister's name.
How will this gift be useful in the long run? On this festival of Bhai Bija, if instead of giving your sister something physical, you can give her ETFs, bonds and digital gold, these gifts will be useful for her for a long time. This gift of yours can provide them with financial independence in the future.
Financial security Investing in ETFs, Bonds, Digital Gold and ULIPs are better options to make your sister's future financially secure. Such gifts will make your sister financially independent in future.
Economic benefits and social benefits A major advantage of such investments is that they grow over time. Also gives good returns. Investments like ETFs and digital gold will strengthen your sister financially. For women, financial independence is the first and strongest step towards their independence.
Less risk, more benefit Investments like bonds and ULIPs are low risk and give you steady and safe returns. In these investments your money is protected from market fluctuations. With this you get good returns after a certain period of time.
A long lasting gift On BhaiBij, gifting your sister a gift that will secure and enrich her future can be the right decision. Gifts like ETFs, Bonds, Digital Gold and ULIPs will not only strengthen your relationship but also prove to be a long-lasting gift for your sister.
By investing in these gifts, your sister can reap lifelong benefits. Also, they can use it as per their need. By investing in these gifts, you can give your sister a gift that she will remember for a lifetime and secure her future.
Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).