Short term fund - Q & A Forum

Q & A Forum › Category: Mutual Funds › Short term fund

anujtan asked 9 years ago

Hi Sreekanth, How are you doing? Can you suggest here any fund for short term SIP. Goal is to invest around 15K monthly to get around 1L plus in 6 months time. Thanks, Anuj

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Sreekanth Staff answered 9 years ago

Hi Anuj, I am doing good. How about you? Even if we assume rate of return as 12%, if you invest Rs 15k pm, you can accumulate around Rs 92k in six months. 12% returns can be given by Equity funds / equity oriented products only. But to invest in them for short-term can be very risky. You may even get negative returns on your investment.