Somewhere safe and liquid, not somewhere clever. Money you may need within a year (runway, an emergency fund, a near term goal) should not be exposed to market swings, because you cannot control when you will need it. In India the usual homes are a sweep savings account, a liquid or ultra short debt fund, or short fixed deposits, chosen for quick access and low risk rather than the highest return. The whole point of this money is that it is definitely there when you reach for it. Chase yield with your long term money, never with your safety net.
3 resources, 3 India-specific, 1 link-checked.
The free, India-first grounding in what to do with cash once you have it: goals, allocation, SIPs, and not losing it to fees.
From Zerodha Varsity by Zerodha Varsity
Open zerodha.com →A trusted India-first place to compare funds and think about where cash goes once you have some to invest.
From Value Research by Value Research
Open valueresearchonline.com →A no-nonsense, ad-light India personal-finance site: plain math and free calculators for emergency funds, goals, and asset allocation, with no product to sell you.
From Freefincal by M. Pattabiraman
Open freefincal.com →
