Personal Finance Here are five investment options for the next one year Updated : August 24, 2018 02:14 PM IST If you want a higher returns, the options such as fixed deposits from private sector banks and companies come into the picture, albeit with extra risk. If your saving monthly for a short term goal, you may want to opt for a recurring deposits. It allows you to save a fixed sum each month at a pre-decided rate of interest each month. The interest rate risk is minimal in liquid funds as the entire portfolio is invested in instruments maturing in the short term. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.