Hi team,
I have a lumpsum amount of Rs. 50,000/- which I am planning to invest for a Short term say 1-2 years. It could also be more just in case i don’t need it. I already have investments in MFs, PPF, RD and FD. Also have a term insurance for myself. Can you help me with other avenues to park this fund? I fall in the 20% tax bracket so need to consider this. I have heard about Liquid/GILT funds however I am not sure how they work? Could you please suggest?
Many thanks for all your help.
Best
Sunny.