Are you sitting on some extra cash and wondering where to park it for the next 1-3 years? Maybe you’re saving up for a big purchase, like a car or a dream vacation. Or perhaps you just want to make your money work harder while you figure out your long-term financial goals.
Well, when we talk about short-term investments in India, five options often come up:
1. Fixed Deposits (FDs)
2. Debt Mutual Funds
3. Arbitrage Funds
4. Equity Savings Funds
5. Conservative Hybrid Funds
But how do you choose? Well, we’ll be looking at each option through three important lenses:
– Safety: How secure is your money?
– Liquidity: How quickly can you get your hands on your cash if needed?
– Post-tax returns: What’s left in your pocket after the tax “tai” comes knocking?
Check out my blog as we dive into the specifics of each investment option and help you find the best investment option for you.
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