Which Is The Best Investment For 3 Years?

Best Short Term Investment Options for 3 Years

Sr No. Short Term Investment Options Ideal For
1 Savings accounts Better liquidity (4%-7% returns)
2 Liquid funds People looking for secure investments (4%-7% returns)
3 Short term funds At par with Liquid funds
4 Recurring deposits People who want to invest on a monthly basis

In this post

Where should I invest my money for 3 years?

Best Investment Plan for 3 Years

  • Savings Accounts. A savings account is a type of deposit account that can be opened at financial institutions or banks.
  • Liquid Funds.
  • Short Term and Ultra-Short-Term Funds.
  • Fixed Deposits.
  • Fixed Maturity Plans.
  • Treasury Bills.
  • Gold Investment.

How can I double my money in 3 years?

Here are some options to double your money:

  1. Tax-free Bonds. Initially tax- free bonds were issued only in specific periods.
  2. Kisan Vikas Patra (KVP)
  3. Corporate Deposits/Non-Convertible Debentures (NCD)
  4. National Savings Certificates.
  5. Bank Fixed Deposits.
  6. Public Provident Fund (PPF)
  7. Mutual Funds (MFs)
  8. Gold ETFs.
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Which SIP is best for 3 years?

Best SIP Plans for the Year 2022

Fund Name Monthly Investment 3 years Return
ICICI Prudential Bluechip Fund 5000 19.41%
Kotak Standard Multicap Fund 5000 14.15%
Motilal Oswal Focused 25 Fund 5000 20.01%
Nippon India large Cap Fund 5000 15.55%

Where should I invest for 2 years?

Here are the best short term investments schemes to invest in 2022.

  • Short-term corporate bond funds.
  • Short-term government bond funds.
  • Money market accounts.
  • Certificates of deposit.
  • Cash management accounts.
  • Liquid funds.

Which investment has highest return?

8 best investment plans in India for high returns

  • Saving Account.
  • Liquid Funds.
  • Short-Term & Ultra Short-Term Funds.
  • Equity Linked Saving Schemes (ELSS)
  • Fixed Maturity Plans.
  • Treasury Bills.
  • Gold.
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How can I make 5 lakhs in a year?

Earn 5 lakh by working
, earning 5 lakh rupees in a year means that you have to earn around 41,666 rupees every month. That is, if you work by taking leave one day in a week, then you will have to earn around Rs 1,666 daily. Let us know which ways you can earn Rs 1,666 or more daily.

How can I grow my money fast?

  1. How to invest $1,000 to make money fast.
  2. Play the stock market.
  3. Invest in a money-making course.
  4. Trade commodities.
  5. Trade cryptocurrencies.
  6. Use peer-to-peer lending.
  7. Trade options.
  8. Flip real estate contracts.

Which investment is best and safe?

5 Safe Investment Options with High Returns in India

  • Capital Guarantee Plan.
  • Public Provident Fund (PPF)
  • Bank Fixed Deposit.
  • National Pension Scheme (NPS)
  • Unit Linked Insurance Plan (ULIP)
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How can I grow my money?

How to Grow Your Money: 7 “Must Do” Tips

  1. Set up an emergency fund. Before you even begin to think about how to grow your money, you need to think about your savings.
  2. Establish financial goals.
  3. Change your mindset.
  4. Set and stick to a budget.
  5. Pay off your debt.
  6. Earn more.
  7. Invest, invest, invest!

Can I lose money in SIP?

SIPs have losses
But as the market keeps falling and you continue to invest your average cost fall. You will be buying more units at a lesser cost. The primary advantage of SIP is to lower the average cost of buying mutual funds. SIPs work well in a falling market condition or volatile markets.

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How can I invest 30k per month?

I have shortlisted some funds for investments:

  1. DSP Tax Saver Fund.
  2. Axis Long Term Equity Fund.
  3. DSP Micro Cap Fund.
  4. Franklin Smaller Companies Fund.
  5. Principal & SBI Bluechip.
  6. Birla Sun Life Top100 Fund and BSL MNC Fund.
  7. Birla Sun Life Equity Fund.
  8. Birla Sun Life Banking and Financial Services Fund.

Can I invest in SIP for 3 years?

If you have short-term financial goals, you can opt for the SIP mutual funds that offer the investment option for 3 years. You can gain your desired financial goal without having to wait longer.

How can I double my money?

3 Proven Ways to Double Your Money

  1. Take advantage of matching contributions. If you have access to a 401(k) and your employer offers matching contributions, this is essentially free money.
  2. Let compound interest do the work for you.
  3. Buy during market downturns.
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How can I invest 50000 per month?

But keep a few things in mind before you begin investing Rs 50,000 per month:

  1. Put in place a large enough Emergency Fund first.
  2. Pay off your credit card debts in full, as soon as you can.
  3. Pay off your other high-interest loans like personal loans.
  4. Get yourself a term insurance cover of Rs 1 crore or more.

Where can I invest my money for 1 year?

Here are 6 solid investment options available to mutual fund investors to invest for a period of 1 year.

  • Liquid funds. These are one of the most popular methods of parking short term funds up to one year.
  • Ultra-Short Duration Funds.
  • Low Duration Funds.
  • Money Market Funds.
  • Floater funds.
  • Arbitrage funds.
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What are the 4 types of investments?

Types of Investments

  • Stocks.
  • Bonds.
  • Mutual Funds and ETFs.
  • Bank Products.
  • Options.
  • Annuities.
  • Retirement.
  • Saving for Education.

Is Bitcoin a good investment?

Bitcoin is a good investment for those who wish to take a chance on financial technology that has the potential to change the world. Being a scarce digital asset could continue to drive the value higher, and some even believe that Bitcoin could one day replace the US dollar as the global reserve currency.

How do beginners invest?

Best investments for beginners

  • High-yield savings accounts. This can be one of the simplest ways to boost the return on your money above what you’re earning in a typical checking account.
  • Certificates of deposit (CDs)
  • 401(k) or another workplace retirement plan.
  • Mutual funds.
  • ETFs.
  • Individual stocks.
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How can I earn 1 lakh in a day?

Here are some ways you can earn 1 lakh per day without investment.
However, you must remember that you’ll not start making huge money as soon as you start.

  1. Freelancing.
  2. Affiliate marketing.
  3. Starting your website.
  4. Surveys, reviews, and searches.
  5. Online tutoring.
  6. Language translating.
  7. Starting a YouTube channel, and many more.

How can I earn 1 lakh in a month?

12 Great Ways to Earn 1 Lakh Per Month Online

  1. Open your e-commerce store:
  2. Start an eCommerce platform:
  3. Freelance your way to money:
  4. Be a business consultant:
  5. Involve in DropShipping:
  6. Start Blogging:
  7. Commence Affiliate Marketing:
  8. Become a YouTuber:
Which Is The Best Investment For 3 Years?