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Best option for invest

Mukesh Kumar (Accounts Manager) (1466 Points)

14 March 2014

Dear All

I Want to invest Rs 100000.00 for next 2-3 year , So Please advice me the best option for invest my mony for get higher return . Thanks in advance

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3 Replies

Manoj Mehta (Head Of Department (Accounts & Finance)) (1479 Points)
Replied 14 March 2014

Dear sir if you higher return than go for fds or mutual funds. And also also can go for ppf as there is tax saving also for you. I hope answer will you in investment. Please compare all the options carefully and then invest in best option. Best of luck and regards.

Mihir (Wealth Manager) (5293 Points)
Replied 15 March 2014

If you want to just park your surplus funds for 2-3 years, you may invest in annual FDs and renew it each year so that you are invested earning decent returns and also have liquidity in hand.

Mukesh Kumar (Accounts Manager) (1466 Points)
Replied 15 March 2014

Dear Sir,

I Decide to invest in FDS ,but please suggest me. whom bank is better - corporate , Indian Private Sector Banks or Public Sector / Nationalized Banks ,