For instance if you are looking for options to allot your money now, bank fixed deposits are the best options (FDs). Banks are mounting the interest rates in order to crop up more deposits. Similarly, you can also take advantage of the fact that interest rates will not be declining soon and this is the best opportunity to park you money into some short-term income funds and dynamic bond funds.

Here are few of the debt options which are preferably safer under these circumstances, but before you decide to invest in any, make sure your asset allocation is in sync with your goals.

Bank Deposits

As banks are providing higher interest rates to lure investments one might get attracted to park their money for a longer period. But, Arvind Rao, a certified financial planner says that it is not necessary that one will be getting highest returns during the long tenure all the time. Therefore investors should choose the tenure and return depending on their need for cash.

Also Read: IPL Fiasco: Dhoni's Stake In Sports Marketing Firm Raise Suspicion

Also Read: Despite Murthy's Return, Analysts Doubt Infosys Turnaround