Lump Sump Investment- Mutual Funds

Q & A Forum › Category: Mutual Funds › Lump Sump Investment- Mutual Funds

akhillodha asked 9 years ago

Dear Sree, M mom wants to invest sum of Rs.2 Lakhs lumpsump in mutual funds for a period 0f 2-3 years. Can you please suggest me some funds for the same.

2 Answers

0 Vote Up Vote Down

Sreekanth Staff answered 9 years ago

Hi, May I know her investment objective?

akhillodha replied 9 years ago

Pure savings and better return than FD,,thats it ..No specific purpose

0 Vote Up Vote Down

Sreekanth Staff answered 9 years ago

Hi, You may consider suggesting an MIP conservative fund like SBI MIP - Floater (Growth option). Kindly read : https://www.relakhs.com/best-monthly-income-plans-india-mutual-funds/ https://www.relakhs.com/debt-funds-types-benefits-risk-vs-return/ https://www.relakhs.com/best-debt-mutual-funds-india-top-debt-funds/