NSC IX Issue of post o0ffice will provide 8.9% interest after 10 years. If you want to earn more than 8.9 % interest, you have to take risk by investing in Mutual fund equity oriented scheme.
Some portion in real estate, fixed deposits, Life insurance policy,gold in the form of Krugerrand may be considered.
An investment of Rs 1,000 every month (between September 24, 2007 and September 21, 2012) in ICICI Prudential Discovery Fund, Reliance Equity Opportunities Fund and HDFC Mid-cap Opportunities would have earned about 18 per cent.
IDFC Premier Equity Plan A,Kotak select focus fund,ICICI pru focussed bluechip fund are some equity oriented schmes.