ICICI Debt funds - Q & A Forum

Q & A Forum › Category: Mutual Funds › ICICI Debt funds

govkj asked 9 years ago

Hi, Is it safe to keep the 6 lakhs under ICICI Debt funds for 1 year. I am not bothered about how much interest I will get after 1 year, But need to make sure that my deposited amount (6 lakhs) should not affect. kindly suggest

govkj replied 9 years ago

When I discussed, they mentioned as corporate debt funds

govkj replied 9 years ago

When I discussed, they mentioned as corporate debt funds

2 Answers

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Sreekanth Staff answered 9 years ago

Hi, What type of debt funds do your prefer? Though the investments in Debt funds have lower risk, there can be situations where you can get negative returns as well. Kindly read : https://www.relakhs.com/debt-funds-types-benefits-risk-vs-return/ https://www.relakhs.com/best-debt-mutual-funds-india-top-debt-funds/

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Sreekanth Staff answered 9 years ago

Hi, You may check if these schemes fall under which type of Debt fund (Liquid/Ultra short term / Short term)?? Else, you may share the Scheme names here.. As mentioned in my previous reply, debt funds do with come with certain amount of risk..kindly go through the shared articles..