Short term investment for marriage

Q & A ForumCategory: InvestmentsShort term investment for marriage
ramkumar asked 8 years ago
Hi Sreekanth, Im 30. Based on your suggestion, in 2015 i took a term insurance and started investing in axis long term equity fund till mar'17 for retirement planning. Since i bought an apartment thru home loan, i stopped the investment. Now i have saved five lakhs for my wedding. But since i have atleast six months to one year before the wedding, i would like to invest for eg. Mutual funds, so that when i want i can withdraw the money. Could you please give me some options?
1 Answers
Sreekanth Staff answered 8 years ago
Hi, Considering the purpose of investment and time-frame, safety of capital is more important than return generation. You may consider options like Bank FD + Liquid Debt fund.  Ex : HDFC Liquid fund.
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