- Recurring Deposits.
- Money Market Account.
- Debt Instrument.
- Bank Fixed Deposits.
- Post-office Time Deposits.
- Large Cap Mutual Funds.
- 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?
- Recurring Deposits.
- Money Market Account.
- Debt Instrument.
- Bank Fixed Deposits.
- Post-office Time Deposits.
- Large Cap Mutual Funds.
- 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 |
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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?
- 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. …
- 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?
- 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. …
- Savings bonds. …
- Invest in real estate. …
- Start a business. …
- Let compound interest work its magic.
How can I double my money in 6 months?
- Stock Market. Investments made in the stock market have always given a high rate of returns to people. …
- Mutual Funds (MFs) …
- National Savings Certificates. …
- Corporate Deposits/Non-Convertible Debentures (NCD) …
- 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?
- 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. …
- Get creative. …
- Join a taxi service. …
- Join Airbnb and become a host. …
- Start an eCommerce site. …
- Drop-shipping. …
- 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% |
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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.