Benefits in Short term investment
Short-term Investment: Many people thought short-term investments do not get a big return. But if, invest in a good place, you can get a huge profit in 1 to 3 years. If you are searching for a good option instead of the share market, you can choose these 5 investment plans.
Saving Account: A savings account is an easy option. In this, your money will be secure, and you will get at least 3.5 to 4% interest. This option is good for those who are not taking risks.
Fixed Deposit: This option is a very famous and trustworthy scheme. In this, you are saving for a specific term and get 5.5 to 6% interest from the bank. More interest gets the Senior citizen. These options will provide benefits for tax.
Liquid Funds: These funds give 6 to 7% return, and your money can be quickly converted into cash in this category of mutual funds. This scheme is more secure than the stock market. Another benefit of this option is that it allows you to cash withdrawal at any time.
Arbitrage Funds: Arbitrage funds take advantage of the price difference between stocks and derivatives markets. These funds typically offer returns of 7% to 8%, especially when the market is highly volatile. This option is low-risk and performs well in short-term investments.
Corporate Bond or Corporate Debt Funds: These invest in corporate bonds and offer returns of up to 9.5%, which can be double that of fixed deposits. They carry some risk, so only well-rated bonds should be selected. This option offers high returns for short-term investments, but requires careful selection.
