Guide to Short Term Investment Plans: Earn High Returns in 2024

By Team Gullak

Apr 3, 2024

5 min read

Looking to make the most of your savings in a short span? Short term investment plans offer the perfect solution. These financial assets are easily convertible to cash within a brief period, usually ranging from 1 to 3 years. But with so many options out there, which is the best short term investment plan to maximise your returns? Let us explore the best investment plan in India for short term.

Short Term Investment Plans in India

Below is an eagle's eye view of short term investment plans, taking into account important criteria such as returns, risks, tenure, taxation and liquidity:

Short Term Investment Plans	Risk	Tenure	Taxation & Fees	Average Returns (per annum)
Gullak Gold+	Low risk, 100% bank guarantee	Flexible, withdraw your investment as cash or gold anytime	LTCG on gold price appreciation, extra returns are taxed as per income tax slab	5% extra assured returns over the gold appreciation rate; up to 16% overall returns
Large Cap Mutual Funds	Low risk, but subject to market fluctuations	Flexible, Easy to liquidate within market operating hours and depending on the exit load	Capital gains tax applicable. Expense ratio for mutual fund houses managing the portfolio charged	8-13%
Non-Convertible Debentures (NCDs)	Risk of default by NCD issuing company	Minimum 90 days from the date of issue, can be sold in the secondary market before maturity	Interest taxed as per tax slab	7-9% if held till maturity
Debt Instruments	Subject to interest-rate risk and credit risk	Flexible	Liquid asset	Taxable as per income slab; additional costs on transactions, salaries of fund manager, marketing, etc.	7-8%
Corporate Deposits	Unsecured	1-5 years	Penalty on premature withdrawal	TDS deducted for earning above ₹5,000	6.25-8.05%(based on tenure)
Post-Office Time Deposits	Low risk; 1, 2, 3 and 5 years	Investment cannot be liquidated before 6 months	TDS deducted on interest earned	6.9-7.5%(based on tenure)
P2P Lending	High risk; credit risk of the borrower defaulting; platform risk of fraudulent or poorly managed P2P platform	Some platforms have ~1year long lock-in, can be withdrawn in cash	Interest earned on money lent taxed as per your income bracket; P2P platforms charge a commission	10-12%
Real Estate Investment Trusts (REITs)	High risks: Market volatility, economic downturn, defaulting tenants	Flexible, tradable on stock exchanges; hence, liquid assets	Dividends taxed on your income slab, which is higher than capital gains tax	7-8%

Invest in the Best Asset

Invest in Gullak Gold+

Gullak Gold+: Top Choice Among Short Term Investment Plans with High Returns in India

The table above lists several traditional and new-age short term investment plans. It is quite evident that Gullak Gold+ is the leading choice among the short term investment plans with high returns. Here is a checklist of what makes it the best short term investment plan:

Low Risk with Bank Guarantee: Gullak Gold+ offers the lowest risk among short term investment plans. Apart from this, the security of a 100% bank guarantee ensures your investments are protected.
High Liquidity: Enjoy the flexibility of high liquidity with Gullak Gold+ short term investment plans. You have the freedom to withdraw your investment as cash or gold anytime, to fulfil short-term financial goals or meet unexpected expenses.
Attractive Returns: This short term investment plans stands out with its impressive average returns of up to 16% per annum, comprising an extra 5% assured returns over the gold appreciation rate. This combination ensures that your investments outperform traditional investment avenues.
Flexible Investment: With Gullak Gold+'s short term investment plans, you can choose the tenure that suits you best, making it adaptable to your financial goals and preferences.
Minimum Investment Requirement: With Gullak Gold+, you can start your short term investment plans journey with as little as 0.5 grams of gold, making it accessible to you even with modest savings.
Daily Interest Calculation: It is one of the only short term investment plans where interest is calculated daily and credited at the end of the month. This ensures that your investment generates returns continuously, maximising your earnings potential.
No Lock-in Period or Exit Charges: Unlike many other short term investment plans, Gullak Gold+ doesn't lock in your investment. You have the flexibility to exit anytime without incurring any charges or penalties, providing you with complete control over your funds.
SIP and One-Time Investment Options: Whether you prefer a systematic investment plan (SIP) or a one-time investment, Gullak Gold+ offers both options. This flexibility allows you to invest in the best investment plan in India for short term investment plans according to your financial strategy and convenience.

In summary, if you are looking for short term investment plans, Gullak Gold+ emerges as the best short term investment plans with high returns in 2024. Prudent investors choose it owing to its low risk, high liquidity, high returns, assured additional returns, flexibility, accessibility, no lock-in period and secure bank guarantee.

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