A safe investment is where there is very little or zero risk involved. They’re usually suited for people who are retired or don’t like taking risks. It’s a common misconception that if there’s no risk involved, you won’t get good returns. This is untrue, since there are several investment options available in the market which give good returns and provide tax benefits. The trick is in finding what suits you best and which are the ones to avoid. Some of them actually do provide great returns, while others are just mediocre at best. There are several risk-free investment options available in India. All of them have different features. Some can be more appealing to you than others. Here are a few that you need to know about. Fixed Deposits:Fixed Deposit is the first option that comes to mind when you think about risk-free investments. They offer greater returns compared to savings accounts and have interest rates of at least 7-8%. You should remember that these deposits are fully taxable. This means that if you’re in a high tax bracket, your returns will be limited.Recurring Deposits:These are among the best options for those who have a fixed monthly income. They’re not all that different from FDs; you make regular investments every month systematically. This amount builds up and becomes a large sum over time. But like FDs, these are also taxable.Post Office Deposit:These are available for different tenures up to 5 years. The longer the term, the better the interest rate. Upto 7.8% interest for a 5-year term is currently the best option available in the market. Another benefit of post office deposits is that every deposit scheme under a 5-year tenure provide tax benefits. Fixed Maturity Plans:A Fixed Maturity Plan (FMP) is a close-ended scheme with a fixed term, ranging from a month to five years. A FMP invests your money in market securities and debts. It has a fixed maturity date. But you should be careful when investing and only go for AAA-rated FMP schemes.Debt Mutual Funds:In debt mutual funds, your money is only invested in corporate bonds and government securities. They have no fixed terms. You can take your money back without paying a penalty. With these deposits, it’s better to choose a long-term plan due to lowering interest rates.Company Deposits:Company deposits offer slightly higher risks compared to bank deposits, but also offer greater interest rates and returns. In order to avoid any incidents, it’s better to pick a company deposit that is AAA-rated. These deposits are good when taken for a long term.Public Provident Fund:These are long term deposit schemes which provide safety and an attractive interest rates, ranging from 8-9%. You can invest a minimum of Rs500 and a maximum of Rs1,50,000 in a year. You also get benefits over several facilities like loans, withdrawals, and account extensions. These provide some of the best returns in the industry and also provide benefits against taxes.Investments are something that everyone needs to do to ensure financial security. Not only do they grow your wealth, but they’re a great way to save for periods when you won’t have a regular salary or income. Consequently, this makes them an incredible option for when you need to retire but don’t want to be broke.