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Looking for good returns in the near future? Try these short-term fund tips
During uncertain times, it can be challenging to think of the long term. Until things settle down, you may look for short-term investments. Fortunately for you, there are several excellent options available. Our short-term investment guide will help you along the way.
Generally, when you say fixed deposits, people think long-term – a year, two, or even five years. But did you know that you can invest in fixed deposits for much shorter periods? For example, you can open a fixed deposit through the DBS Bank app for periods ranging from 90 months to five years. We offer the most competitive and attractive interest rates too.
So if you are unsure of making any long-term investments, one of our short-term fund tips is to choose FDs. This way, you can ensure that you get decent returns and your investment is protected against inflation. Moreover, a short-term fixed deposit also acts as a contingency fund. Instead of borrowing, withdraw your FD.
Most people associate mutual funds with equity. But if you want to play it safe one of our other short-term fund investment tips is, go for debt mutual funds. At DBS Bank, we offer an extensive choice based on your risk profile, your personal financial goals and expected returns.
In the current environment, let's take a look at some of the short-term fund guide has in store for you:
So these were our short-term investment tips and now would be the right time to consider them. DBS Bank offers you smart choices, and our app also has some unique features. First, all our mutual fund schemes have a five-stars rating by Morningstar™. It is one of the best investment research firm in the world. Second, you needn't worry about whether a mutual fund is right for you.
