Has to be secured with early encashment facility.
2007-02-16 21:07:50 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing
Go for 3 years FDs with any bank. ICICI is offering 9% for 500 days deposits and different banks offer similarly +/- 1 %. These. FDS can be encashed in case of emergency and they will just deduct a nominal % as per rules.
Do not go to Stock market or stocks related mutual funds. I expect a big BURST in the market and everything will fall. You may remember the investor had to burn their fingers by depositing in UTI and Morgan Stanley some 5/6 years back. The same thing may come again. So do not take risk on this front at all.
Go to Bank FD only it is good. -
2007-02-17 16:03:16 · answer #1 · answered by Anonymous · 6⤊ 0⤋
Go for fixed income mutual fund or betterly you can go for balanced (Equity and Debt) Mutual fund
2007-02-17 05:17:14 · answer #2 · answered by nikeshgoyal 1 · 0⤊ 0⤋
www.indiasbull.com launching soon . invest 5lkah get 10 lakhs in 3 yrs. vcss15@yahoo.co.in
2007-02-17 06:21:41 · answer #3 · answered by vikas gupta 2 · 0⤊ 0⤋
mutual fonds in defferent funds. you can redeem next day 2.25% loss. and get benifit very best
2007-02-17 05:22:16 · answer #4 · answered by keral 6 · 0⤊ 0⤋