Short term investment in MF

#1
Hi All,

I am a new member here and this is my first post.

I have Rs 10 Lakh which I want to invest for a short duration of six months (say from May-2009 till Nov -2009 ) after six months I will be needing the cash back in 5 installments (one per month).

Can any one suggest MFs for such short term investment , returns expected to be of 8-9 % post tax (if any).


Regards
 

bandlab2

Well-Known Member
#2
6 months is not enough to guaantee any returns. May 09 will see a new govt and depending on stability of govt we might see a rally starting from then

you can open a online account with these funds and start investing on daily basis for 30 days to complete yr 10 lakh investment. then start withrawing every day X amount after 6 months

DSPBR Top 100
IDFC Imperial Fund
Sunderam Select Focus
Reliance Growth
HDFC Top 200
SBI Equity
Kotak 30
 
#4
Hi

I visited DSP Black Rock website and did not find any button or information to open online account.

How excatly one can open an online account and invest? What are the pre-requistes for doing so...?



Thanks

gopal


you can open a online account with these funds and start investing on daily basis for 30 days to complete yr 10 lakh investment. then start withrawing every day X amount after 6 months

DSPBR Top 100
IDFC Imperial Fund
Sunderam Select Focus
Reliance Growth
HDFC Top 200
SBI Equity
Kotak 30
 

bandlab2

Well-Known Member
#5
Hi

I visited DSP Black Rock website and did not find any button or information to open online account.

How excatly one can open an online account and invest? What are the pre-requistes for doing so...?



Thanks

gopal
you need to do it by visting their office or CAMS office. advantage with CAMS is you can open acount with most MF
 
#6
Here is my 2 cents;

6 months is too short to put your monies in Equity funds and expect any sort of meaningful returns Given the current market you may not even make much in the next few months.

Debt funds on the other hand are also in a volatile situation. Given the lack of the liquity and the credit crunch in the market, the govt has come up with a number of measures that has seen interest rates fall steadily. Uncertanity with interest rates will continue in the short term.

If I were you, I would invest the money in a meduim term debt fund - that focuses on short term debt. Also note that any income you make on this investment will be taxed as capital gain.

If you dont have the risk appitite then look for a Fixed Deposit.
 
#7
If you dont have the risk appitite then look for a Fixed Deposit.
This is exactly what I am considering at this moment based on my limited knowledge and advice received so far.

Anyway thanks a lot for all those suggested various options. Please keep them coming I still have a month in hand to decide.

Regards
 
#8
Here is my 2 cents;

6 months is too short to put your monies in Equity funds and expect any sort of meaningful returns Given the current market you may not even make much in the next few months.

Debt funds on the other hand are also in a volatile situation. Given the lack of the liquity and the credit crunch in the market, the govt has come up with a number of measures that has seen interest rates fall steadily. Uncertanity with interest rates will continue in the short term.

If I were you, I would invest the money in a meduim term debt fund - that focuses on short term debt. Also note that any income you make on this investment will be taxed as capital gain.

If you dont have the risk appitite then look for a Fixed Deposit.
I agree with above comments!
mr india
 

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