Here are some investment options for 450000 INR for 6 months to get maximum return:
- Fixed deposit (FD)
FD is one of the safest investment options in India. It offers a fixed rate of return for a fixed period of time. The interest rate on FDs varies depending on the bank and the tenure of the deposit. For a 6-month FD, you can expect to get an interest rate of around 6-7%.
- Short-term debt funds
Short-term debt funds invest in debt securities with a maturity of less than 3 years. These funds are relatively less risky than equity funds and offer higher returns than FDs. You can expect to get a return of around 8-9% from short-term debt funds over a 6-month period.
- Ultra-short duration funds
Ultra-short duration funds invest in debt securities with a maturity of less than 1 year. These funds are the least risky among debt funds and offer the highest liquidity. You can expect to get a return of around 5-6% from ultra-short duration funds over a 6-month period.
- Peer-to-peer lending (P2P) platforms
P2P lending platforms allow individuals to lend money to other individuals or businesses. These platforms offer higher returns than traditional investment options like FDs and debt funds. However, they also come with a higher degree of risk. You can expect to get a return of around 10-12% from P2P lending platforms over a 6-month period.
- Equity mutual funds
Equity mutual funds invest in stocks of Indian companies. These funds offer the potential for higher returns than other investment options, but they also come with a higher degree of risk. Equity markets can be volatile, and the value of your investment can go down as well as up. You can expect to get a return of around 15-20% from equity mutual funds over a 6-month period, but this is just an estimate and past performance is not indicative of future results.
Which investment option is best for you will depend on your risk tolerance and financial goals. If you are looking for a safe investment option with guaranteed returns, then a FD is a good option. If you are willing to take on some risk for the potential of higher returns, then you can consider investing in short-term debt funds, ultra-short duration funds, P2P lending platforms, or equity mutual funds.
Please note that this is not financial advice and you should always do your own research before making any investment decisions.