4. Mutual Funds - Ultra Short Term

The ultra short term mutual funds invest maximum of the portfolio in fixed deposits and short term investment options. Investments can be made in such options for the period of 1 to 3 years. In last three years the returns have been 8 percent to 8.5 percent per annum.

5. Mutual Funds - Debt Funds

Under debt mutual funds, maximum of the investment is done in debt related instruments like corporate deposits, NCD’s etc. If you are looking for an investment of 1 to three years, debt mutual funds are a good option as these are generally offer attractive returns when interest rates are sliding.

6. Investment in Gold

Investment in gold is a good option for both long term and short term time period. It is observed that investment in gold has provided almost 24 percent yearly returns in the last 5 years. There are various options to invest in gold.

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