I want a good debt mutual fund where I can get returns of 12 per cent a year, approximately. Please suggest.
-Sultania
Most mutual funds don’t guarantee returns, and it is very difficult to guess which fund will give returns of 12 per cent in a year’s time. However, if we see a rate cut in the next couple of years, then debt funds like dynamic bond funds will be able to deliver such returns.
This article was originally published on November 02, 2012.