Sir, if you don't mind, could you please name these 3 Debt Funds?
I am also looking for parking a few lacks in various Debt Funds. Currently I have 12 lac invested into -
https://www.moneycontrol.com/mutual-funds/nav/hdfc-liquid-fund-direct-plan-growth/MHD1205
I donot want to add this new money into the same fund, therefor looking for other options. If any friends have any suggestions, then please mention.
I am parking this money into liquid funds, as it offers me better return compared to the Bank Saving Account, and it is liquid asset, so could be sold anytime"not locked into FD", and moreover it could be pledged with broker for getting margin for intraday trading. I am not aware if there are any better options out there, other then investing in liquid funds, which gives the above 3 benefits. Please correct me, if I am wrong.
Thanks and best regards