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SparklyPancake
SparklyPancake
PayTM

Which fixed-income assets to invest for short term?

Bank FDs don’t go beyond 8% for a year and then we pay a good amount of tax on this. Are there any better avenues to invest for short term? (up to a year).

16mo ago
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JumpyHamster
JumpyHamster
Stealth16mo

Bonds from wintwealth

JumpyHamster
JumpyHamster
Stealth16mo

Can provide referall code if interested

SparklyPancake
SparklyPancake
PayTM16mo

Good option. I’ve been using them for some time. Looking for relatively more risk and return, north of 11-12%

SillyMochi
SillyMochi
Stealth16mo

We have closed group of chit fund. Return of 24% per annum, try find a trust worthy chit funds around you. It’s faster way to make money

SparklyPancake
SparklyPancake
PayTM16mo

How do you find such chit funds?

DerpyLlama
DerpyLlama
Flipkart16mo

+1

DancingPretzel
DancingPretzel
Stealth16mo

Try arbitrage funds for >1year <2years. Treated as equity and returns should be decent. LTCG benefit. Upto 1L tax exempt per fin year.

DancingPretzel
DancingPretzel
Stealth16mo

MFs are not guaranteed returns though.

SparklyPancake
SparklyPancake
PayTM16mo

Thanks. Seems an option to explore.

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