Guidance required very short term investment.
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Ya...thats the reason asking experts like you
There won't be any significant gain. Just keep the money in bank. Preferably one paying high interest on savings. Should help to lower that 12 percent 🥹
Debt mutual funds
12% club
Put it in MF Liquid Fund.
Mobikwik Xtra seems good enough, for 1 Month it can be trusted. There is always a risk with p2p investing.
Put it in an fd that can be broken without any penalties.
Kotak offers 6 month fd @ 7%p.a. put the money in the fd for 6 months.
When you need it after a month just break it and take it without any penalties.
Mobikwik Xtra is powered by Lendbox. Lendbox hasn't made any tweets on its Twitter account since October 2023. It's giving vibes of shutting down and seems highly risky due to this reason also.
At how much % you got it ?
How much you paid as processing fees?
I myself am keeping more than 60 lakh in Bandhan savings bank account with approx. 5.5% interest. It is for a shop purchase ,I redeemed my mf when nifty hit 22k.I may apply for an ipo maybe that too good ones.
Buy crypto coins on launch which are in brc20. And sell in 20 hours.
Ye kuch jayada risky nai ho gaya 😄
Only stocks can give good return, my suggestion is to buy fertilizer stock before budget and sell after budget, can expect 10-15 % minimum
T bills 7% 3 -6 months zero risk
Savings Bank account
You can't get any decent return in the time span of 1 month