I have Rs 1.5 lac to invest.My age is 52 years.I have already enough investment in Equit MF.I wish to invest in debt investment in view of less risky investment & for Retirement corpus.
1)Nowadays since last 1 year , Liquid & arbitrage funds are doing better than Ultrashort term MFs.Shall I go for Arbitrage funds or Liquid funds?
2)What is your opinion in FMPs Are they better than FDs.If yes , which FMPs do you suggest
3 Answers
Hi,
1 - May I know your investment objective & horizon for this? May I know your overall portfolio allocation for Equity : Debt? Do you invest / save in schemes like EPF/PPF??
Not advisable to compare returns of Liquid funds with Ultra ST debt funds.
2 - May I know your investment objective & horizon for this?
Dear Sir,
I have investment ratio of 50/50 in Equity & Debt funds.IN Equity investments are in Large cap & Balance fund.In Debt fund Investment is in ABSL Savings FUnd & UTI Ultrashort term fund.Some amount is parked in ICICI Prud Arbitrage fund.
Investment objective is for retirement corpus & Time horizon is 6 years as I am 52 years old.
Hi,
In case, you are not investing in EPF/PPF and you can save for next 15 years then can consider PPF as a better alternative to Debt funds for you.
But, as you said investment horizon is around 5 years, you can consider switching from existing Large cap funds to Hybrid funds, Debt funds and some portion in safer investment avenues.
Suggest you to kindly check your required retirement corpus using a calculator and then plan backwards;
Kindly read :
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