Recommend a debt Mutual Funds to Pick

[dds777]

pl suggest me dedt Mutual Funds as i want to invest 2L for 12months & 2L for 18 months & 2L for 24 months..all are related to specific goals..Thanks

 

[dds777]

dear asterix24, yodlee99 ...pl guide me for investment in DEBT FUND as im new to fir this kind of funds..thanks..

 

[Aitijhya]

If safe investment is your objective go for

Domestic investment plan offered by State bank
or
Fixed deposit as both are offering very high rate 7 % -9.35 %

 

[Invest early]

Hi


Based on the risk apetitte u select .

Now the interest rates are falling. Some among ur 6 lakhs u can invest

FD - 3 lakhs( if you want money in between go for quartely int payout)

Lock in to the highest interest rates

http://www.thehindubusinessline.com/industry-and-economy/banking/article2923288.ece

Debt funds - 3 lakhs
The interest rates are goi to be decreased . So it is better to invest in the debt funds such as Monthly income plan and long term bond funds.

U can select one monthly income plan with growth option which will give u some 10 to 12 percent returns.

www. valueresearchonline.com

regards
vignesh.

Happy investing!!!