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Old April 26th, 2016, 06:34 PM
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Join Date: Nov 2011
Default Re: Short Term Money Investment Plans

Public Provident Fund – PPF
If you belong to the salaried class or are a small business owner, you should consider the PPF as your first option. Public Provident Fund offers almost 99% security being operated by the government.

National Savings Certificate (NSC)
NSC is a popular choice among rural Indians. The minimum investment is Rs.100 and one has option to choose 5 or 10 year period. The current interest is 8.5% for 5 years and 8.8% for 10 years.

Senior Citizen Savings Scheme (SCSS)
The rate of interest for Senior Citizen Savings Scheme is nearly 9.2% now. Usually the interest is around 1% above the 10 year government securities yield.

Money Market Funds
Money Market Funds are ideal as short-term investments options. These also called Liquid funds. investment options in IndiaAs the name suggests, liquidity is the primary motto.

Bank Fixed Deposits (FDs)
Bank fixed deposit as it’s often called is a good choice if your investment period is 6-24 months. It is very common and simple product which does not need much explanation.

Sukanya Samriddhi Yojana
You can invest as less as Rs. 1000 in a year. The investment plan period is maximum of 21 years from date of opening or marriage date whichever is first.

National Pension System
National Pension System(NPS) has got way more attractive than it was earlier and become one of best investment options now. Broadly, All individuals between age of 18 to 60 can join the NPS.

Atal Pension Yojana

The government will contribute 50% of your contribution for 5 years or Rs 1000. Whichever is lower is applicable.
But this government contribution is only for non income tax payers. If you want monthly pension of Rs 5000, then your monthly contribution starting from age 20 years is Rs 250 approx.
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