Of course! Contrary to popular belief, there are mutual funds that have similar risk profiles to fixed deposits called debt mutual funds. They provide a more tax efficient and a rewarding alternative to keeping your money lying idle in savings accounts or inefficient fixed deposits.

On Moneyjar, we have several pre-made jars like the Safe Jar which are specifically meant for shorter term investments. In addition, when you are building your own jar, you can specify a shorter timeframe and Moneyjar will help you construct a jar appropriate for that timeframe.

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