JazzyPretzel
JazzyPretzel

What do you advise for someone looking to make safe & short term investment?

As the title reads - I am looking to invest a small amount for a short term (1-1.5 year) and I don't want exceptional returns as my risk appetite is small. I am just looking for safe options that can protect & grow my monry enough to lighten the blow of inflation. I am planning to get married in the next 2 years and will need this money then. TIA

16mo ago
QuirkyNugget
QuirkyNugget

Up to 5L is insured in any bank. Go for the highest return.

PeppyMarshmallow
PeppyMarshmallow
  1. Fixed deposit at scheduled small finance bank >7% return
  2. Short term mutual fund
SwirlyTaco
SwirlyTaco

Fixed Deposit

ZestyWaffle
ZestyWaffle

GOI bonds/ AA rated corporate bonds , FD at 7.5% rate or more, debt funds. Combination of these @ 25:50:25 ratio

WobblyDumpling
WobblyDumpling
Amazon16mo

Liquid fund

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