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

28mo ago
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QuirkyNugget
QuirkyNugget

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

PeppyMarshmallow
PeppyMarshmallow
IBM28mo
  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
Amazon28mo

Liquid fund

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