Friday, June 24, 2011

Where to invest your money if you are going to need it within one year

If you are clear about the time frame to invest this sum; you can consider bank deposits. Currently bank term deposits are offering lucrative rates, which are assured and guaranteed unlike mutual funds that do not guarantee returns. You can alternately even consider liquid funds to invest this sum for better tax realisations at the end of the tenure; the only risk, these do not guarantee returns.

Source: Value Research

Vivek Agrawal
Summer Intern-Fundamental Analysis
DENIP Consultants Pvt. Limited.

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