Can you please suggest any investment options for a short-term purpose, which are best for example for six months. Whether it is a mutual fund or FD or RD or any other products?
Ramesh-If your time horizon is just 6 months then the BEST option is to go with RDs or FDs. No need to scratch your head and look for any other options.
Sir thanks for the information . Sir i have one questions , instead of RD or FD , are ultra short term mutual funds will give better returns than those RD or FD ? can you please suggest on this ?
Ramesh-I don’t think it is better to risk and play with interest rate cycle in shor term. Why to take a headache for 6 months period? I simply put money in FDs or RDs and sleep well.
i want 5 lacs in 5 year for sister marriage n additional 1 lacs in one year for new car.suggest where to invest RD ,FD or sip