Investment advice (FDs Vs Debt funds)

Q & A Forum › Category: Fixed Deposits › Investment advice (FDs Vs Debt funds)

devkp asked 9 years ago

Hello Sreekanth, I have couple of FDs that have matured and with the ongoing interest rates, I do not wish to renew them and would like to invest them somewhere for a tenure of upto 3 years. Are GILTs a good alternative? Which investment option is better in these - one time or SIP? Please advice. Also, I read your post from last year about the recommended GILT funds - if you have any further suggestions apart from the ones mentioned there, please share them as well. Regards, Dev

2 Answers

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Sreekanth Staff answered 9 years ago

Dear Dev, You may consider Short term Debt funds or Conservative MIPs. For example : SBI Magnum Monthly Income Plan - Floater (Growth option) Suggested reading : https://www.relakhs.com/best-monthly-income-plans-india-mutual-funds/

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Sreekanth Staff answered 9 years ago

Dear Dev, I believe, a mix of both modes can be considered. Kindly read : https://www.relakhs.com/sip-systematic-investment-plan/ https://www.relakhs.com/200-day-moving-average-dma-mutual-funds/