Where to invest lumpsum amount for short period ?

POSTED BY Happyinvest007 ON November 8, 2014 2:54 pm COMMENTS (5)

Hi,

I have lumpsum amount of 5 lakhs but not sure where to invest for 1-2 years. Since later I’m planning to use this amount for Home purchase.

Kindly suggest where I will get return more than FD, currently I can see only FD option. Expecting more return than FD for new investment.

5 replies on this article “Where to invest lumpsum amount for short period ?”

  1. Sumit says:

    I would go for balanced funds

  2. Happyinvest007 says:

    Sorry Hemanth, but didn’t get your respose here. can you bit explain please?

    1. Ajay says:

      What he meant is “If you dont mind taking the risk then go for equity funds.” Since you need this money after 1-2 years for the down payment, its better to be safe by investing in FD and you can sleep properly at night. Had this request been for a longer duration like 10+ years you would have got the response as “Invest in Equity MFs” 🙂

      1. Happyinvest007 says:

        Thanks Ajay for clarification 🙂

  3. Hemanth says:

    If you can loose the money, then u can invest in equity funds….

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