Investment ideas
Hi all , I have some 10 lacs of savings which I don't want to keep idle in the bank for obvious reasons, I need suggestions on where I can invest for the next couple of years with Medium risk involved. TIA.
SillyBiscuit
Invest ₹15 lakh
I need to park ₹15 lakh as an emergency fund, in something low risk. Fixed Deposits don't cut it due to penalties on early withdrawals. Any ideas for investment options that offer quick access and decent returns?
6mo ago
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ZestyBurrito
Stealth6mo
Idfc first saving account, give same interest as normal FD. No charges.
SqueakyWaffle
Keep 5-5 lakhs in 3 different small finance banks, which are offering good interest rates in Savings account
PrancingMuffin
WS Atkins6mo
Mutual Funds
QuirkyDumpling
Stealth6mo
Liquid MFs / Arbitrage Funds if holding is more than 3 months as arbitrage funds may give negative returns for a month
TwirlySushi
Sixt6mo
You can park the money in liquid debt fund. It offers returns similar to FD returns, and you can redeem anytime after 7 days without any charges. However, you will have to pay tax as per you income slab rate during redemption.
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Curated from across
Personal Finance13mo
by BouncyDonutSoftware Engineer
Short term investment
Want to check, how should i invest 10 lakh for 6 months. I need it after 6 months for my home instalment. Appreciate if you can also share related details (like if Fixed deposit, then which specific bank/product)
Personal Finance18mo
by SparklyNarwhalSoftware Engineer 2
Short term investments
Where do you all save emergency funds and other savings for short term needs. Let's say if you wanna save some amount of your salary and don't want it in a bank, where would you put that money so it gets better returns than bank and it c...
Personal Finance19mo
by FluffyNuggetPlivo
[Thread] How much are you comfortable keeping in ur Bank account?
As u guys know only 5L is insured, I want to know how much you’re comfortable keeping in account? Maybe someone’s living expense could be 10L a year and they are okay with keeping that as emergency fund liquid, just an instance. But give...
Top comment
At least 3 months of expenses, plus some emergency funds. Unless you have an account in some obscure small bank, don...