Q.What are other short term investment options other than FDs ?

Ans.Investing in FDs has been a traditional method of saving by Indians.But, there are numerous other ways to invest your money for short duration like :

Short term mutual funds
Liquid funds
Arbitrage funds
ELSS
Fixed Maturity Plans(FMPs)

For further details refer 7 Best Short term investments .

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Harleen Kaur: Harleen Kaur is a Chartered Accountant (ICAI), qualified in 2009, and the founder of Fintrakk. With over 8 years managing finance and accounts and more than 10 years writing personal-finance and investing content for Indian readers, her work is known for being in-depth and well-researched, grounded in primary sources. Harleen also brings 2+ years of experience building technology products.