Each week I try and answer generic questions from readers. You can use the form below to ask your question.
Paresh Valabhbhai Chauhan: Sir, i have approx seven lac rupee in my KOTAK saving bank. I am getting 6% interest in savings account. In all banks, the FD rates are also nearly 6.5-7.5. In all liquid fund, it is nearly same. Where should I transfer money for a better return if there is possibilities of requiring this fund in next 4-8 months? Please also consider Tax criteria. I am on the border of 10-20% tax slab.