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.