Invest Policy
No Result
View All Result
Saturday, April 17, 2021
  • Login
  • Latest News
  • Banking
  • Economy
  • Market
  • Investment Plans
    • Mutual Funds
    • Money
    • Property
    • Scheme
  • Finance
  • Insurance
    • General Insurance
    • Life Insurance
    • LIC
  • World
Subscribe
Invest Policy
  • Latest News
  • Banking
  • Economy
  • Market
  • Investment Plans
    • Mutual Funds
    • Money
    • Property
    • Scheme
  • Finance
  • Insurance
    • General Insurance
    • Life Insurance
    • LIC
  • World
No Result
View All Result
Invest Policy
No Result
View All Result
Home Banking

Where to invest for high returns in Ultra Short Term? Debt funds, mutual funds or bank FDs, who are the best

by InvestPolicy
March 27, 2021
in Banking, Investment Plans, Mutual Funds
0
Where to invest for high returns in Ultra Short Term?  Debt funds, mutual funds or bank FDs, who are the best
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

For best returns, investing money for ultra short term ie 3 to 4 months is quite a tricky decision, as investing in each saving instrument has its benefits. One option is to keep this money in your bank savings account, on which you will get an average of 3% interest. You can claim tax deduction under Section 80TTA of the Income Tax Act on the interest of up to Rs 10,000 deposited in it.

At the same time, apart from this, you can deposit money in fixed deposits (FDs) of banks for 3 to 4 months. The country’s largest bank SBI offers 3.90% interest on FDs of 46 to 179 days. At the same time, another option is sweep-in, sweep-out FD. In this, the bank gives you interest for the same number of days, as many days there are deposits in the bank.

Another option to invest for ultra short term is liquid funds, but this too gives FD as much as 3.65% interest. But there is a tax on investment of less than 1 year, if you withdraw all the money. So what is the best option for investing 3 to 4 months, today we tell you.

This is the best option for big returns

Ahmedabad Status Financial Literacy Initiative Founder of Moneyeduschool Arnav Pandya says that if you are investing 5 lakh rupees for short term then Ultra Short Short Term Mutual Funds is the best for you. Option.

Its maturity period is 3 to 6 months. Arnav Pandya said that this Mutual Fund has given 5.35% returns in the last one year, which is 2% more than any saving instrument. At the same time, investors in debt funds do not have to worry about withdrawal time.

FD attracts penalty on pre-mature withdrawal, but does not apply to debt funds. If you feel that money can be withdrawn at any time, then Debt Fund is a better option for you. If the amount is not very big, then you can also keep money in a savings account.

For social media updates, we need Facebook (https://www.facebook.com/moneycontrolhindi/) And Twitter (.).

.

Tags: Bankbank accountBank FDsDDebt FundsFDFixed depositInvestmentliquid fundsmutual fundmutual fundsSavingSaving accountsavingssavings bank accountShort term investment
  • Trending
  • Comments
  • Latest
UP Wheat Purchase

UP wheat purchase online farmer registration 2021: eproc.up.gov.in, e-purchasing system

February 28, 2021
Nazara Tech IPO: Check Allotment Status, What Is Gray Market Premium and When Will Listing Be?

Nazara Tech IPO: Check Allotment Status, What Is Gray Market Premium and When Will Listing Be?

March 22, 2021
sukanya-samriddhi-yojana-vs-lic-kanyadan-policy

LIC Kanyadan Policy Vs Sukanya Samriddhi Yojana

March 2, 2021
Search Voter List by Name

UP voter list (ceouttarpradesh.nic.in), Voter slip

February 27, 2021
What is the role of two employees of Wipro in wrong transfer of Rs 6554 crore to Citibank

What is the role of two employees of Wipro in wrong transfer of Rs 6554 crore to Citibank

March 14, 2021
Kalyan Jewelers IPO: Check whether you get shares or not by clicking on this link

Kalyan Jewelers IPO: Check whether you get shares or not by clicking on this link

1
PM Modi gives high-level review meeting regarding oxygen supply, these instructions

PM Modi gives high-level review meeting regarding oxygen supply, these instructions

April 16, 2021
PM Modi in action on Corona, instructions to ensure supply of oxygen

PM Modi in action on Corona, instructions to ensure supply of oxygen

April 16, 2021
CM Kejriwal convenes high level meeting to take stock of Covid-19 situation in Delhi

CM Kejriwal convenes high level meeting to take stock of Covid-19 situation in Delhi

April 16, 2021
Has any state asked to stop operating trains due to Corona?  Railways gave this information

Has any state asked to stop operating trains due to Corona? Railways gave this information

April 16, 2021
Why Does Coronavirus Not Equal in Vaccine Supply?  Gujarat gets the highest dose by population

Why Does Coronavirus Not Equal in Vaccine Supply? Gujarat gets the highest dose by population

April 16, 2021

Recent News

PM Modi gives high-level review meeting regarding oxygen supply, these instructions

PM Modi gives high-level review meeting regarding oxygen supply, these instructions

April 16, 2021
PM Modi in action on Corona, instructions to ensure supply of oxygen

PM Modi in action on Corona, instructions to ensure supply of oxygen

April 16, 2021

Categories

  • Banking
  • Economy
  • Featured
  • Finance
  • General Insurance
  • Health Insurance
  • Insurance
  • Investment Plans
  • Latest News
  • LIC
  • Life Insurance
  • Market
  • Money
  • Mutual Funds
  • Property
  • Scheme
  • World

Site Navigation

  • Home
  • Advertisement
  • Contact Us
  • Privacy & Policy
  • Other Links
Invest Policy

InvestPolicy.com is one of the leading companies when it comes to loans and card marketplace. Our main motto is to help our customers in making personal finance decisions easy and convenient as per their comfort.

© 2021 Invest Policy. All Right Reserved.

No Result
View All Result
  • Latest News
  • Banking
  • Economy
  • Market
  • Investment Plans
    • Mutual Funds
    • Money
    • Property
    • Scheme
  • Finance
  • Insurance
    • General Insurance
    • Life Insurance
    • LIC
  • World
  • About Us
  • Contact Us

© 2021 Invest Policy. All Right Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In