Dhirendra Kumar says where to invest for a short term duration of 1 year?
18-Apr-2017 •Research Desk
With the FD rates falling, in which mutual funds should I invest my money for a period of 1 year to get better returns than FD, with capital protection?
- Subhash, Haryana
Transcript: As a conservative investor your requirement can be in two aspects: one, where you put your money in fixed deposit but do not need any income from it; two, where you want to derive a regular income for your consumption. If you are looking to invest in an avenue similar to FD and depend on it as a source of your regular income, you should go for short term debt funds or fixed maturity plans with dividend options. These options will generate a regular income flow and the returns are better than fixed deposit. However, if you are looking to just invest your extra money for a period of 1 to 1.5 years, you should opt for monthly income plans. The monthly income plans are exposed to equity by 15-20% and give better returns as compared to FD and also beats inflation.
BackWe will try to answer all questions sent to us. If the question addresses the concerns of the general audience, we’ll publish it.
