Stuck at home because of the lockdown?
Are you worried about your financial future?
What if I told you there is a way you can earn more money during the lockdown?
Are you interested to hear it?

Yes, you can do it with some of the best short Term Investment plans with high returns in India!

Last week we completed more than 2 months of the lockdown in India. Many of us have been affected because of salary cuts, losing jobs, and less or zero income from the business. In such a time, if we do not plan for our financial future then it can lead to disaster.

You can also read: Unlocking the future – One Step at a Time

That’s when it struck me! Why are you just parking your cash in your savings account? You can use a portion of it and use it in safe investment options in India. I know that you want to keep all the cash in your account so you can use it for home expenses, groceries, medicines, etc. While that is a good decision, I am sure that you can use a small portion and invest it. In a small period of time, these safe and smart investments will yield good returns for you.

So, to make it easy for all my readers, I came up with a list of best and safe short investments in India with high returns. You can check this list and understand where to invest money in India during the lockdown.

List of 5 Best Investments for short term investing in India:

1.Recurring Deposits:

If you are looking for the best options for investment in India,  a recurring deposit (RD) must surely be on that list. Here are the basic details:

RD Tenure – 6 months to 10 years.
Liquidity/Withdrawal – Any time after the first month. (charges applicable for closing RD)
Returns – Up to 8.4% (for 1 year)
Taxable – Yes

2.Post-Office Time Deposits:

For those who are looking for short term investment plans with the highest returns in India, then look no further as an investment in Post-Office Time Deposits can help you.

Tenure – 1 to 5 years
Liquidity – Any time after 6 months. (charges applicable for closing deposit)
Returns – 6.7%
Taxable – Yes

3. Mutual Funds

Also considered as one of the highest return investments in India, online mutual fund investment in India has seen a huge rise in the last few years thanks to SIP i.e. Systematic Investment Plan.

Tenure – Advisable to invest minimum 1 year to save on exit load charges (1%)
Liquidity – Any time. (Within 1 year, the exit load charge applicable)
Returns – Up to 13% (1 year)
Taxable – Yes

4. Bank Fixed Deposits

This is one of the oldest types of investment in India. It’s famous because it’s easy to use and one can earn high interest too.

Tenure – 7 days to 10 years
Liquidity – Any time.
Returns – 7.5 (regular) for 1 year
Taxable – Yes

5. Stock Market

Stock market investment in India is also famous and is one of the quickest ways to increase your wealth.

Tenure – No minimum requirement
Liquidity – Any time withdrawal
Returns – Depends on market fluctuations (Can be above 25-30%)
Taxable – Yes

6. Special Entry: Gold/Silver

Gold as an investment in India has been quite popular for decades. We Indians invest in Gold for marriage, investment, etc. Gold and silver are some of the first ideas for investment in India by NRI or locals.

Tenure – No minimum requirement
Liquidity – Any time withdrawal
Returns – Based on your buying and selling price
Taxable – Yes

When your goal is to invest for the short term and you wish to find the safest investment in India, there are many ways you can do that. But as all of us are in a panic due to COVID-19, we aren’t thinking of investments but to keep all cash in hand. Hence I created this list of best investment plans with the hope that all of you can take advantage of this situation and earn some money.

I hope that you all are safe at home and are practicing Social distancing. Let’s pray that this lockdown ends soon and we all can get back to our old lives.

Also, if you like this list, please do share it with all your friends/family/colleagues so they can get the knowledge too. Is there is anything else that should be best suited for short term growth? Please feel free to share it with us in the comment below.

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