I want to invest Rs1,00,000 for one year and want good return better than FD and other.
1 Answers
Hi,
You may consider an Ultra-short term debt fund or an Arbitrage fund.
Kindly note that the gains from arbitrage fund are tax-exempt if the units are redeemed after 12 months. But return can be around 6 to 7%.
Do understand the risks associated with Debt fund / Arbitrage funds, returns are not guaranteed as with FDs.
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/
https://www.relakhs.com/best-arbitrage-funds-returns/
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