Dear Forum members,
I seek your opinion and suggestions on investing approx. 5 lakhs for the short/medium time with relatively less tax implications:
1. Could you please advice on some good funds/options for parking funds (approx. 3 lacs) for 6 to 9 months (max). I fall in the 30% tax band.
2. The balance of 2 lakhs is for a slightly longer duration of 1 to 1.5 yrs, I am planning to put into a debt fund. Kindly advice some good funds for this time frame.
If you have any better suggestions, kindly let me know.
Thanks,
Srinivasan