Hi All,
I would like to make a investment of 50k in a debt mutual fund. Time horizon is 12 months .
Expected returns - 10-12%
I have shortlisted Birla Sunlife Dynamic Bond retail fund.
Are there any FMPs in the offing. I have not chosen any Income/Gilt funds as i believe interest rates have bottomed out and they are expected to go up may start of next year.
Is this a correct choice of fund or there any other fund that I have missed.
Presently I have investment in only liquid Mfs.
Also please advise of any floating rate MF which i might consider once interest rate starts to go up again.
Thanks
I would like to make a investment of 50k in a debt mutual fund. Time horizon is 12 months .
Expected returns - 10-12%
I have shortlisted Birla Sunlife Dynamic Bond retail fund.
Are there any FMPs in the offing. I have not chosen any Income/Gilt funds as i believe interest rates have bottomed out and they are expected to go up may start of next year.
Is this a correct choice of fund or there any other fund that I have missed.
Presently I have investment in only liquid Mfs.
Also please advise of any floating rate MF which i might consider once interest rate starts to go up again.
Thanks