What is the best investment option for short term?

by Adam Zhu|03 Nov 2020|Finance|Tax Planning|246 views
The best short term investments options are:
  • Savings Account.
  • Recurring Deposit.
  • Gold or Silver.
  • Debt instrument.
  • Stock Market/Derivatives.
  • Large cap mutual fund.
  • Treasury securities.
  • Money market fund.

In respect to this, what is the best short term savings plan?

Here are the best short-term investments in June:
Short-term US government bond funds. Money market accounts. Certificates of deposit. Cash management accounts.

Also Know, what is the best investment for 80c?

Best Tax-Saving Investments Under Section 80C
Investment Returns Lock-in Period
Public Provident Fund (PPF) 7%-8% 15 years
Sukanya Samriddhi Yojana 8.5% N/A
National Savings Certificate 7%-8% 5 years
Senior Citizen Saving Scheme 8.7% 5 years

Where should I invest for 6 months?

Best Investment Options for 6 Months to 1 Year
  • Liquid funds.
  • Short term funds: Short term funds primarily park money in securities and have a maturity period of 1 to 3 years.
  • Arbitrage funds.
  • Bank fixed deposits.
  • Fixed maturity plans: Many mutual fund organizations keep issuing fixed maturity plans which have a maturity term of 1 to 3 years.
  • Recurring deposits.

How can I save 10 lakhs in 3 years?

10 lakh in 3/4 years? If you want to build a corpus of around Rs. 10 lakh in 4 years you need to invest Rs. 15000 per month in a mutual fund SIP giving a return of 14% per annum and increase your investment by 10% every year as your salary income increases.

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