Wednesday 9 November 2016

Short term investment plan


Short term investment plans are those investment options which have a maturity period of less than 1 year. They offer a handsome interest rate on a short amount of period.

Some good short term investment options-

  1. Fixed deposit investments- Usually these investments have a maturity period of 3-5 years, but nowadays banks have started offering FD schemes for 6 months to 1 year. Return usually is 9%.
  2. Liquid funds- These are mutual funds that can be converted into cash very easily. They offer interest rates between 4% to 10%.
  3. Peer to peer lending- This is the most lucrative and productive short term investment. They offer a maturity period of 6 months and their interest rates go as high as 24%.
  4. Fixed maturity plans- They carry a maturity period of 1 year and the interest rate in usually 9.5%.

There are many more good short term investment options listed on this article http://www.loankuber.com/content/investments/short-term-investment-plan/. This article proved to be very helpful to me as a prospective lender, and I am planning to invest in peer to peer lending.

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