{"id":437,"date":"2018-04-07T06:42:28","date_gmt":"2018-04-07T06:42:28","guid":{"rendered":"https:\/\/myfintree.com\/blog\/?p=437"},"modified":"2018-11-20T09:43:24","modified_gmt":"2018-11-20T09:43:24","slug":"an-ideal-parking-spot-for-your-surplus-money","status":"publish","type":"post","link":"https:\/\/myfintree.com\/blog\/an-ideal-parking-spot-for-your-surplus-money\/","title":{"rendered":"An Ideal Parking Spot For Your Surplus Money"},"content":{"rendered":"<h1 style=\"text-align: center;\"><span style=\"color: #339966;\">An Ideal Parking Spot For Your Surplus Money<\/span><\/h1>\n<p>Investors who need money after short period of time within span of 6 months to 2 years for various reasons such as to pay the expenses of vacation, pay fees for your child in foreign\u00a0university or for daughter\u2019s marriage, paying premiums etc.<\/p>\n<p>Most people leave money in their saving A\/c\u2019s ,which earns mere interest of 4% and in Current A\/c\u2019s where no interest is earned whereas investing in debt oriented funds gives more returns and helps your money to grow.<\/p>\n<p><a href=\"https:\/\/www.myfintree.com\/\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-446 aligncenter\" src=\"https:\/\/myfintree.com\/blog\/wp-content\/uploads\/2018\/04\/idle-1.jpg\" alt=\"\" width=\"639\" height=\"347\" srcset=\"https:\/\/myfintree.com\/blog\/wp-content\/uploads\/2018\/04\/idle-1.jpg 679w, https:\/\/myfintree.com\/blog\/wp-content\/uploads\/2018\/04\/idle-1-300x163.jpg 300w, https:\/\/myfintree.com\/blog\/wp-content\/uploads\/2018\/04\/idle-1-360x196.jpg 360w\" sizes=\"auto, (max-width: 639px) 100vw, 639px\" \/><\/a><\/p>\n<p>Here are some options through which you can make investment for short term:<\/p>\n<h4 style=\"text-align: left;\"><span style=\"color: #993300;\"><strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<a style=\"color: #993300;\" href=\"https:\/\/www.myfintree.com\/systematic-investment-planning.php\"> <span style=\"text-decoration: underline;\">Accrual Funds:<\/span><\/a><\/strong><\/span><\/h4>\n<ul>\n<li>Debt Funds<\/li>\n<li>Invest in Short to medium maturity papers of medium to low quality, taking credit risk for generating higher yield.<\/li>\n<li>Focus on earning interest income primarily from the coupon offered by securities they hold in the portfolio.<\/li>\n<li>Buy and Hold strategy.<\/li>\n<li>Taxed at 20%with indexation if held for 3 years.<\/li>\n<\/ul>\n<h4><strong><span style=\"color: #993300;\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <a style=\"color: #993300;\" href=\"https:\/\/www.myfintree.com\/personal-financial-planning.html\"><span style=\"text-decoration: underline;\">Monthly Income Plan (MIP\u2019s):<\/span><\/a><\/span><\/strong><\/h4>\n<ul>\n<li>Debt oriented hybrid scheme.<\/li>\n<li>It is a scheme which invests in debt and equity schemes.<\/li>\n<li>Invest 15-20% of their corpus in equities and remaining in fixed income instruments.<\/li>\n<li>MIP streams to provide steady stream of income in form of dividend payments.<\/li>\n<li>It is typically attractive to retired persons or senior citizens without other substantial sources of monthly income.<\/li>\n<\/ul>\n<h4><span style=\"color: #993300;\"><strong><u>Who Should Invest?<\/u><\/strong><\/span><\/h4>\n<ul>\n<li>Investor who do not want Volatility in their fixed income portfolios<\/li>\n<li>Investor willing to get Stable Returns.<\/li>\n<li>Conservative investor with a moderate risk profile,<\/li>\n<li>Debt oriented schemes are relatively less volatile than pure equity funds.<\/li>\n<li>Investment could be done in Lumpsum or on Monthly Basis.<\/li>\n<li>Investment in small amounts such as Rs.1000 could also be done.<\/li>\n<\/ul>\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">Consult your Financial Planner to make use of your Idle money.<\/span><\/p>\n<p>&nbsp;<\/p>\n<div id=\"s-share-buttons\" class=\"horizontal-w-c-square s-share-w-c\"><a href=\"http:\/\/www.facebook.com\/sharer.php?u=https:\/\/myfintree.com\/blog\/an-ideal-parking-spot-for-your-surplus-money\/\" target=\"_blank\" title=\"Share to Facebook\" class=\"s3-facebook hint--top\"><\/a><a href=\"http:\/\/twitter.com\/intent\/tweet?text=An Ideal Parking Spot For Your Surplus Money&url=https:\/\/myfintree.com\/blog\/an-ideal-parking-spot-for-your-surplus-money\/\" target=\"_blank\"  title=\"Share to Twitter\" class=\"s3-twitter hint--top\"><\/a><a href=\"https:\/\/plus.google.com\/share?url=https:\/\/myfintree.com\/blog\/an-ideal-parking-spot-for-your-surplus-money\/\" target=\"_blank\"  title=\"Share to Google Plus\" class=\"s3-google-plus hint--top\"><\/a><a href=\"http:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/myfintree.com\/blog\/an-ideal-parking-spot-for-your-surplus-money\/\" target=\"_blank\" title=\"Share to LinkedIn\" class=\"s3-linkedin hint--top\"><\/a><\/div>","protected":false},"excerpt":{"rendered":"<p>An Ideal Parking Spot For Your Surplus Money Investors who need money after short period of time within span of 6 months to 2 years for various reasons such as to pay the expenses of vacation, pay fees for your <a href=\"https:\/\/myfintree.com\/blog\/an-ideal-parking-spot-for-your-surplus-money\/\" class=\"read-more\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-437","post","type-post","status-publish","format-standard","hentry","category-financial-planning"],"_links":{"self":[{"href":"https:\/\/myfintree.com\/blog\/wp-json\/wp\/v2\/posts\/437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/myfintree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/myfintree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/myfintree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/myfintree.com\/blog\/wp-json\/wp\/v2\/comments?post=437"}],"version-history":[{"count":11,"href":"https:\/\/myfintree.com\/blog\/wp-json\/wp\/v2\/posts\/437\/revisions"}],"predecessor-version":[{"id":452,"href":"https:\/\/myfintree.com\/blog\/wp-json\/wp\/v2\/posts\/437\/revisions\/452"}],"wp:attachment":[{"href":"https:\/\/myfintree.com\/blog\/wp-json\/wp\/v2\/media?parent=437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/myfintree.com\/blog\/wp-json\/wp\/v2\/categories?post=437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/myfintree.com\/blog\/wp-json\/wp\/v2\/tags?post=437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}