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What Is Best Short Term Investment?

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Last updated on 4 min read
  1. Recurring Deposits.
  2. Money Market Account.
  3. Debt Instrument.
  4. Bank Fixed Deposits.
  5. Post-office Time Deposits.
  6. Large Cap Mutual Funds.
  7. Corporate deposits.

What is the best investment for 6 months?

SBI Magnum Ultra Short Duration Fund :61% of the investment is in Debt funds out of which Government securities account to 1.6% and 95.01% in very low risk securities. Kotak Savings Fund:5% of the investment is in Debt funds out of which Government securities account to 6.07% and 92.43% is in very low risk securities.

How should I invest my short term money?

  1. Recurring Deposits.
  2. Money Market Account.
  3. Debt Instrument.
  4. Bank Fixed Deposits.
  5. Post-office Time Deposits.
  6. Large Cap Mutual Funds.
  7. Corporate deposits.

Which fund is best for short term investment?

Mutual fund 5 Yr. Returns Min. Investment HDFC Banking and PSU Debt Fund – Direct Plan – Growth 8.14% ₹5000 Aditya Birla Sun Life Corporate Bond Fund – Direct Plan – Growth 8.29% ₹100 ICICI Prudential Short Term Fund – Direct Plan – Growth 8.43% ₹5000 Aditya Birla Sun Life Short Term Fund – Direct Plan – Growth 8.16% ₹1000

What is the best investment for 5 years?

  • Liquid Funds. Also known as money market fund, these are a type of mutual fund scheme, which invests the money in short-term government securities and certificates. ...
  • Savings Account. ...
  • Post-Office Time Deposits. ...
  • Large Cap Mutual Fund. ...
  • Stock market/ Derivatives.

How can I double my money in one year?

  1. Mutual funds: If you have an investment horizon of around 6 to 7 years, mutual funds are the best option to see your money double. ...
  2. Debt funds: these are a segment of mutual funds that are invested in debt funds and stocks only which are the safest of all.

How can I double my money in a year?

  1. 401(k) match. If your employer offers a match for your 401(k) contributions, this can be the easiest and most guaranteed way to double your money. ...
  2. Savings bonds. ...
  3. Invest in real estate. ...
  4. Start a business. ...
  5. Let compound interest work its magic.

How can I double my money in 6 months?

  1. Stock Market. Investments made in the stock market have always given a high rate of returns to people. ...
  2. Mutual Funds (MFs) ...
  3. National Savings Certificates. ...
  4. Corporate Deposits/Non-Convertible Debentures (NCD) ...
  5. Kisan Vikas Patra (KVP)

What is the safest investment with highest return?

  • Investment #1: High-Yield Savings Account.
  • Investment #2: Certificates of Deposit (CDs)
  • Investment #3: High-Yield Money Market Accounts.
  • Investment #4: Treasury Securities.
  • Investment #5: Government Bond Funds.
  • Investment #6: Municipal Bond Funds.

How can I make money in 6 months?

  1. Babysit or pet sit. Another way to make extra cash is to reach out to friends and family and ask to babysit or pet sit. ...
  2. Get creative. ...
  3. Join a taxi service. ...
  4. Join Airbnb and become a host. ...
  5. Start an eCommerce site. ...
  6. Drop-shipping. ...
  7. Become an amateur makeup artist.

What is Blue Chip Fund?

Blue chip funds are equity mutual funds that invest in stocks of companies with large market capitalisation . These are well-established companies with a track record of performance over some time. ... Blue Chip is commonly used as a synonym for large cap funds.

Where can I invest my money for 1 year?

  • Fixed Deposit. A bank fixed deposit (FD) is a secure preference for making an investment for a year. ...
  • Fixed Maturity Plans. A fixed maturity plan (FMP) is a close-ended debt mutual fund. ...
  • Arbitrage Mutual Fund. ...
  • Post Office Deposits. ...
  • Recurring Deposits. ...
  • Debt Funds.

Can we invest in mutual funds for 1 year?

Fund Name ICICI Prudential Bluechip Fund Direct Growth NAV 46.21 1 YR Return 10.33% 3 YR Return 12.01%

Can I double my money in 5 years?

Assuming your investment in a Fixed Deposit at an interest rate of 6% p.a. then according to Rule 72, the formula is 72/6 = 12 years. ... Let’s apply Thumb rule in a reverse way, if you wish to double your money say in 5 years, then you will have to invest money at the rate of 72/5 = 14.40% p.a. to achieve your target.

Where can I put extra money?

  • Checking account.
  • High-yield savings account.
  • Money market account.
  • Certificate of deposit (CD)
  • Individual retirement account.
  • Employer-sponsored retirement account.
  • Other investments.

What are the 4 types of investments?

  • Growth investments. ...
  • Shares. ...
  • Property. ...
  • Defensive investments. ...
  • Cash. ...
  • Fixed interest.
This article was researched and written with AI assistance, then verified against authoritative sources by our editorial team.
FixAnswer Finance Team
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