Seeking investment advice for investing Rs 40,000 for a period of 5 to 6 months

Q & A Forum › Category: Mutual Funds › Seeking investment advice for investing Rs 40,000 for a period of 5 to 6 months

parag12345 asked 10 years ago

Sir, I want to invest around 40,000 as a lump sum amount for a period of 5 to 6 months ,can you please advice me where should I invest so that I can earn a good return which will be more than the return of FD or recurring. Thanks.

1 Answers

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Sreekanth Staff answered 10 years ago

Hi, For very short-term horizon goals - high liquidity and high safety of capital should be high priorities. You may consider : Ultra-Short term debt fund. Read: http://www.relakhs.com/debt-funds-types-benefits-risk-vs-return/ http://www.relakhs.com/best-debt-mutual-funds-india-top-debt-funds/