POSTED BY November 19, 2010 12:55 pm ONE COMMENTON
Have some amount ~Rs.1,50,000 and would like to invest for short-term 9do not know the period), actually i am looking for house in my city, will require same amount to buy home. which is the best option to invest?
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One reply on this article “advise for short-term investment”
Put the money in a Short Term Fund (with dividend payouts).
This will keep the liquidity intact with tax-free dividends. A bank FD is another option, but with “unknown” period and tax liabilities, it is a second option.