Best short term investment plans | Fusion - WeRIndia

Investment in the right plans is tricky. You want good returns but you also need them as quickly as possible.

Here are some of the best short term investment plans. These investments are mix of various funds and instruments to give best returns possible.

KTDFC Fixed Deposit

KTDFC is owned by government of Kerala. Their interest rates are higher than banks or any other company fixed deposits.

They give an interest rate of 8.50 per cent on a 3-year deposit making it the best of its class. It is a deposit that is guaranteed by government of Kerala. Senior citizens can get an interest rate of 8.75 per cent.

Reliance Industries

This investment is the best when it comes to 3-year ones. It has been performing well in the recent past. Due to Reliance Jio, this investment is likely to get even better in the next few years.

IDFC Bank Deposits

IDFC bank offers an interest rate of 7.50 per cent on a 1 year deposit. This is the best bank to invest in if you want to only invest for one year.

SBI Blue Chip Fund

This is one of the best mutual fund scheme for a 3 year time period. It generated a return of 218 per cent on an average each year in the last three years. It has been given a 5-star rating by Value Research Online.

Bajaj Finserv FD

This is a fixed deposit which offers an interest rate of 8.05 per cent for three years. They are highly secure with a rating of AAA. If you make deposits over ₹1 crore, you would get an interest rate of 8.50 per cent.

Birla Sun Life Top 100 Fund

This fund is slightly longer term investment compared to others mentioned above. The Fund gave returns of about 18 per cent in the last three years. It also has a 5-star rating by Value Research online.

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