Where can I park my money for one year?

If you have an investment horizon of 12 months or lesser or need to park funds for just one year here are a few investment options to choose from.

• Bank fixed deposits.
• Fixed Maturity Plans.
• Arbitrage mutual fund.
• Post office term deposits.
• Recurring Deposits.
• Debt mutual funds.

Which investment is best for 1 year?

Best Investment plan for 1 year

• Fixed Deposit. A bank fixed deposit (FD) is a secure preference for making an investment for a year.
• Fixed Maturity Plans. A fixed maturity plan (FMP) is a close-ended debt mutual fund.
• Arbitrage Mutual Fund.
• Post Office Deposits.
• Recurring Deposits.
• Debt Funds.

How much money should I keep in savings account?

Most financial experts end up suggesting you need a cash stash equal to six months of expenses: If you need $5,000 to survive every month, save $30,000. Personal finance guru Suze Orman advises an eight-month emergency fund because that’s about how long it takes the average person to find a job.

How can I get 12 interest on my money in India?

Here’s a list of 12 investment schemes and their key features:

1. Pradhan Mantri Vaya Vandana Yojana (PMVVY)
2. Floating Rate Savings Bonds 2020 (Taxable)
3. Senior Citizen Savings Scheme (SCSS)
4. Sukanya Samriddhi Yojana (SSY)
5. Atal Pension Yojna (APY)
6. Public Provident Fund (PPF)
7. Kisan Vikas Patra (KVP)

What is PPF account?

Public Provident Fund (PPF) is a retirement savings scheme offered by the Government of India with the aim of providing a secure post-retirement life to everyone. The minimum deposit you must make in the account per financial year is Rs.500 and it can go up to Rs.1.5 lakh.

Which investment gives high returns?

Top Investment Options in India

Investment Options	Period of Investment (Minimum)	Returns Offered
Public Provident Fund (PPF)	15 years	7.9 per cent
Bank Fixed Deposits	7 days	Fixed Returns, different from bank to bank
Senior Citizen Savings Scheme (SCSS)	5 years	8.7 per cent
Real Estate	5 years	19-15 per cent