Need advice for investing 5L for short time (i.e) less than 6 months

[kinggrimet]

@christina777 He didn't said about all money back, in option you can still get back your remaining money, something like 13000

 

[markdeleon]

@christina777 Sarcasm is dead

 

[godschild3187]

@jermichael You can invest in stocks. This time of year is really good. Festival season is approaching, so market sentiments are really good. If you talk about growth. India is by far doing well compared to other economics. You can buy defence stocks as fear of war is going high. Stay away from IT stocks.
You can get 20-30% return in 6 months.

 

[zashmaster]

@godschild3187 Are you serious?

 

[brady]

@zashmaster No. Please don't listen to this guy. If it sounds too good it is.

 

[aerintissa]

@jermichael If you use mobikwik app
There are options to invest and it gives you returns of 12-13%
One has lock in period of 3 months (13% one i guess)
You can invest upto 10L and withdraw anytime
You can check this option

 

[tinabugs77]

@aerintissa P2P investment?

 

[resjudicata]

@jermichael Give debt to someone at a fixed %.
Make sure to do proper contracts
You can earn around 1% a month

 

[jermichael]

@resjudicata Thanks for suggestion actually this fund was initially given as debt to mutual friend, he paid interest correctly for 6 months then he didn't pay any interest for almost 2 years and didn't return money upon our need told he was under bankruptcy and Monday only returned the money without any interest after selling his assets. Because of this bad experience looking to invest in less risk areas.

 

[redruthie7889]

@jermichael

friend, he paid interest correctly

FTFY.

Although payed exists (the reason why autocorrection didn't help you), it is only correct in:

• Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. The deck is yet to be payed.
• Payed out when letting strings, cables or ropes out, by slacking them. The rope is payed out! You can pull now.

Unfortunately, I was unable to find nautical or rope-related words in your comment.

Beep, boop, I'm a bot

 

[joeylanc]

@jermichael Invest in a poker player, and split the profits

 

[brione]

@jermichael If your tax rate is low: FD or MO Short term debt fund.
If you are in high tax bracket: MO Arbitrage fund.
Do a direct investment through any app/website.

 

[jacquelinecindy]

@jermichael LIQUIDBEES

 

[consul]

@jermichael Savings account.