Where can I invest for a short duration of 15-30 days which can give me the best interest. Amount over Rs 15L

Question

My business concern has spare funds of over 15 lakhs for the next 15-30 days. Bank FD for this gives only 4.5% interest. Can someone suggest any other avenue where I get the best interest with full liquidity and safety of the funds.

Answer 1

Fixed Deposit in any Bank.

Answer 2

Invest in mutual fund using SIP

http://shaktibanna.blogspot.com/2008/07/...

Answer 3

If you want to look at safety of the funds, then it is better to invest in FDs for short duration.

Other instruments like equities, mfs etc. can give you higher returns, but they are a lot more riskier.

Answer 4

Select good Liquid fund for 15-30 days. This is safe and returns wise better.

You can also select 1 month FMp's too... (fixed maturity plan)

Answer 5

I suggest to get into Reliance Capital Shield plan, which will give you 100% capital guarantee and 16% of absoulte returns.  But the tenure will be minimum of 6 months.  If you are interested pls. do mail me [e-mail]

Answer 6

fd would be good and do tell me what u did with 15 lac for 15-30 days