The financial market has multiple investment options with different investment tenures and varying risk levels. A tenure of 5 years is considered as a medium to long term horizon. There are fixed deposits, recurring deposits, equity mutual funds, debt mutual funds, corporate bonds, government bonds, government securities like National Savings Certificate (NSC), etc., for a tenure of 5 years. However, each of them is different in terms of return, liquidity, risk, tax and other factors. For example, equity funds are highly liquid. However, they are affected the most by market volatility. Government securities and fixed deposits tend to give fixed and guaranteed returns. However, they lack liquidity and often have a lock-in period. Corporate bonds give fixed returns in the form of interest. However, they are prone to default risk. Hence an investor is advised to first list down their investment goals and objectives. Then, understand the different investment options available for a tenure of 5 years. Next, they have to match their investment objectives with the different investment options available and choose the one that best suits their requirements.