What Is Best Short Term Investment?

by | Last updated on January 24, 2024

, , , ,
  1. Recurring Deposits.
  2. Money Market Account.
  3. Debt Instrument.
  4. Bank Fixed Deposits.
  5. Post-office Time Deposits.
  6. Large Cap .
  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.
Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.