ALTERNATIVE TO BANK FD

Q & A ForumCategory: InvestmentsALTERNATIVE TO BANK FD
ANPEND58 asked 9 years ago
Sir I am to get a lump sum amt in near future, which I have to park somewhere for short term (4 to 8 months) without any lock in period. Could you advice something better than bank fd (post tax earning). Regards Anand
1 Answers
Sreekanth Staff answered 9 years ago
Dear Anand, As you have a very short tenure as investment horizon, kindly do not chase the returns. Safety of capital should be your utmost priority. In case, you understand the risks associated with Liquid or Ultra short term debt funds, you may consider these. Suggested articles; https://www.relakhs.com/debt-funds-types-benefits-risk-vs-return/ https://www.relakhs.com/best-debt-mutual-funds-india-top-debt-funds/
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