Nobody can predict the future, but we can certainly be prepared to tackle it by planning our finances and saving on the right investment options in India.
Investment options in India can be classified as short-term and long-term. Short-term investments can be made for shorter tenors of a year or two. There are several lucrative 1-year investment plans that can help you make some quick returns. If you are investing for more than 5 years, it can be classified as long-term investments. It also means that you won’t be requiring those funds until the need arises. You could also consider re-investing your short-term investment gains, which can help contribute to your future.
Here is the list of the 9 best short-term investment plans in India, where you can invest your money for the short term and get the best interest or returns that can help in case of mishappening or emergency.